here s where the bank s base rate stands at the moment at 5.25% it is the highest in 15 years. the bank has raised the cost of borrowing fourteen times to try and tame soaring prices but inflation has eased sharply in recent months and the expectation now is that rates may soon start to come down. however, for those in the uk hoping for cheaper mortgages and loans there was something of a bad omen in the us, where the chair of the federal reserve seemed to dash expectations of a rate cut next month. as michelle fleury reports. the fourth meeting in a row, the federal reserve did not raise interest rates. this is the longest pause since policymakers began their aggressive rate campaign to tame inflation back in march of 2022. but for rate weary americans, well, they will likely have to wait a few more months to see any relief, given these comments by the federal chair. based on the meeting today, i would tell you that i don t think it s likely that the committee will reach a
immigration plan has been working. and the pentagon is telling us tonight that using active duty troops instead of the national guard will not affect readiness. i think we ll see these troops arrive as early as may 10th. pete: that s despite recent claims the border is secure. you said yesterday when it comes to illegal migration, have you seen it come down by more than 90%. where did that number come from? i was speaking. peter: cbp says the answer 156,000 people morphos call year so far. i will answer you if the dramatics come down a little bit. if the dramatics. peter: what s dramatic about asking a question about. okay. i m going to answer. i was speaking to the parolee program. peter: pentagon says troops will be armed for self-defense not law enforcement. laying out their mission like. this fill critical capability gaps. ground based detection and monitoring. data entry. and warehouse support. as the pentagon preps for a migrant surge, lawmakers are
achieve a, quote, major break through. they re building up an extensive system of trenches in the south. tell us what you re seeing. yeah, there has been an extraordinary network dug possibly according to this british intelligence report the largest we ve seen since world war ii across the southern area of vap wreegsa and we ve driven along the ucrayian side of it for quite a past number of weeks here. often these are deep trenches followed by a significant sand back backed up by razor wire and these dragons teeth peer med shaped pieces of concrete form a complex set of defenses but certainly a challenge. there ll be very much in the mind of ukrainian forces as they probably in the days ahead if not already in the days behind begin the counter offensive in these areas. we simply don t know the full details of their plan to be honest, and weather is potentially playing into it. there s been an extraordinary lack of videos from ukrainian military over the past weeks they norm
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