In cutting the cost of borrowing for the first time in overfour years. The Federal Reserve have dropped the main Interest Rate in the worlds biggest economy by half a percentage point, bringing it down to between 4. 75 and 5 . A drop larger than many expected, with some wondering now if this reflects the scale of the problems facing the american economy or the success in getting the pace of price rises, inflation, close to the banks targets. The governor of the fed, Jerome Powell says the us economy is in good shape and they intend to keep it that way. Our North America Business correspondent Ritika Gupta has the details. The Federal Reserve has delivered a super sized Interest Rate cut aimed at bolstering the us Labour Market. The 0. 5 percentage cut, the first in over four years, brings its key Interest Rate, the federal funds rate, down to between 4. 75 and 5 . It comes amid Signs Inflation in america is continuing to fall, while the Job Market remains strong, even as unemployment h
Ainsley 8 00 a. M. On the East Coast it says 7. By can i say 8 . Steve you want to go home. Ainsley no i dont. We have two more hours. Brian leap ahead for the time or Fall Back . Ainsley Fall Back, yeah. Wait, falling back means you gain an hour though. Brian 6 00. Ainsley feels so good here. The Fall Weather is starting to pour. In start with a Fox News alert. Hezbollah hit by A Wave of exploding pagers remember those . We used to have those in, what, the 90s. Steve pagers not exploding ones. Ainsley Israel Rig rigging them with explosives, impersonating terror leadership. The latest from tel aviv. We will ask House Speaker Mike Johnson about it this hour. Lawrence plus Today Trump rallies New York after meeting a Roaring Crowd in michigan. His first appearance since the second attempt on his life. You know, only consequential president s get shot at. Steve Royal Return kate is back on her duties after cancer treatment. A live report from london. Brian yep, the second hour of Fox Fri
Justice system at breaking point, From Today Thousands Of Prisoners in england and wales will be released after serving 40 of their sentence rather than 50 . It 4096 of their sentence rather than 5096 than 50 . It was the only 0 tion than 50 . It was the only option on than 50 . It was the only option on the than 50 . It was the only option on the table than 50 . It was the only option on the Table And L than 50 . It was the only option on the table and thats because the alternative to not making this change would have been to allow the Prison System to collapse and therefore to allow the Law And Order in this country to collapse. But these Emergency Measures are controversial with big concerns from some Prison Staff and campaigners about Public Safety and an increase in reoffending. They have nowhere to live, they fall back they have nowhere to live, they fall back into drug taking, they fall back into drug taking, they have Mental Health difficulties already. If they are not difficul
Party. Vice president harris reacting to getting the baking from former congresswoman Liz Cheney and also cheneys father, Dick Cheney. The former Vice President following the warning he heard from his daughter, that its not enough just to not vote for Donald Trump. He will take the next Step And Vote for Kamala Harris. In his statement released On Friday, he called trump a threat to our republic and pointed to his repeated 2020 election lies. Quote, he tried to steal the last election using lies and violence to keep himself in power after the voters had rejected him. He can never be trusted with power again. Trump responded in a social Media Post calling Dick Cheney irrelevant. He also did a lot of other things on Social Media that well be talking about this morning. Good morning. Welcome. Monday morning. Welcome to Morning Joe. It is september 9th. Good to have you with us. With us, we have the host of Way Too Early, white House Bureau Chief at politico, Jonathan Lemire. The president
Thought for american workers like i would fight for my own family. I took care of our economy like i would take care of my own company. This election will decide whether or not we reward Kamala Harris with reelection, and four more years of crime, economic calamity, and international humiliation, or whether we change that direction, and once again build the greatest economy in the history of the world. Sandra thats former President Donald Trump laying out his vision to Business Leaders with the New York economic Club Right here in manhattan. Thats happening right now. All of this as his 2024 rival, Vice President Kamala Harris, is on the road arriving in pittsburgh where shell be preparing for tuesdays High Stakes debate. And that is where we are as we top a brandnew hour. Welcome, everyone. Im Sandra Smith in New York. Good to be with you. John im John Roberts in washington. This is america reports. The former president also promising gasoline at under 2 a gallon, and that he would ap