Decision to temporarily lower Interest Rates to zero. Beautiful day outside. I think we have some great things to talk about. The federal reserve, as you know, it just happened 10 minutes ago but to me it makes me very happy and i want to congratulate the federal reserve. For starters, they lowered the federal rate from what it was, from 1 to one point 25 , and 0. 25 . Down to 0 , to so 0 to 0. 25 . Thats a big difference, quite a bit. And in addition, very importantly, the federal reserve, they are going to be purchasing 500 billion of treasuries and 200 billion of mortgagebacked securities, and that number can increase, but they will start with that. Thats really good news. Really great for our country. Something that were very happy, i have to say, im very happy. They did it in one step. They didnt do it in four steps over a long period of time. They did it in one step, and i think people in the market should be very thrilled. Were the strongest country in the world by far, financia
From 1 to one point 25 , and 0. 25 . Down to 0 , to so 0 to 0. 25 . Thats a big difference, quite a bit. And in addition, very importantly, the federal reserve, they are going to be purchasing 500 billion of treasuries and 200 billion of mortgagebacked securities, and that number can increase, but they will start with that. Thats really good news. Really great for our country. Something that were very happy, i have to say, im very happy. They did it in one step. They didnt do it in four steps over a long period of time. They did it in one step, and i think people in the market should be very thrilled. Were the strongest country in the world by far, financially and in every other way, and that brings us in line with what other countries are. They actually have negative rates, but we get it down to potentially zero. Thats a big step, and im very youy they did it, and will not hear anything bad about me unless it is a month or two from now. So i congratulate the federal reserve. It is ter
To zero. Beautiful day outside. Ill start by discussing the federal reserve. It just happened minutes ago, but it makes me very happy. It makes me very happy and i want to congratulate the federal reserve. For starters, they lowered the federal rate from what it was, from 1 to one point 25 , and 0. 25 . Down to 0 , to so 0 to 0. 25 . Thats a big difference, quite a bit. And in addition, very importantly, the federal reserve, they are going to be purchasing 500 billion of treasuries and 200 billion of mortgagebacked securities, and that number can increase, but they will start with that. Thats really good news. Really great for our country. Something that were very happy, i have to say, im very happy. They did it in one step. They didnt do it in four steps over a long period of time. They did it in one step, and i think people in the market should be very thrilled. Were the strongest country in the world by far, financially and in every other way, and that brings us in line with what ot
Beautiful day outside. I think we have some great things to talk about. I will start by discussing the Federal Reserve. As you know it just happened minutes ago but it makes me very happy. I want to congratulate the Federal Reserve for starters they have lowered the fed rate from what it was, which was one to 1. 25. It has been lowered down to zero 0. 25. Zero to 0. 25. The Federal Reserve will be purchasing 500 billion dollars of treasuries and 200 billion of mortgagebacked securities. That number can increase but they will start with that. That is really good news. That is great for our country. That is something we are very happy. I am very happy. They did it in one step. They did not do it in four steps over a long time. I think that people and the markets will be thrilled. That brings us we are the strongest country in the world by far financially and every other way. That brings us in line with where other countries are. Actually have negative rates. We got it down to potentially
Christiano ronaldo has been named the worlds best player. He pips messi and neymar to the ballon dor. And the winner is. Coventry a night of celebration for the city, after its awarded the next uk city of culture. And snow has been falling overnight. Warnings of disruption later in the day. Carol has the full forecast. Snow has been falling in the north and west of the uk and in the midlands. That will continue through today. Some snow showers getting into eastern areas and there is ice to watch out for first thing. A cold day as well and windy, but not as windy as yesterday. A full forecast in15 windy as yesterday. A full forecast in 15 minutes. Good morning. First, our main story. Theresa may has just arrived in brussels after intense negotiations which continued throughout the night to try to break the deadlock over the irish border in brexit negotiations. We can talk now to our Political Correspondent chris mason whos in westminster. You are really where the story began ina you are