the reaction in asia so far has been mixed. 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 has risen this year. The labour market is actually in solid condition and our intention with our policy move today is to keep it there. You can say that about the whole economy. The us economy is in good shape, it s growing at a solid pace, inflation is coming down. The labour market is in a strong pace. We want to keep it there. In addition, the committee setting rates released its latest forecast which showed policymakers expecting to cut rates by a further 0. 5%. That would us interest rates below 4. 5% b
The Champions League taking place today. Manchester city are opening their European Campaign against inter milan, a repeat of the 2023 final which city won as they completed the treble. Its still goalless at the etihad. No goals in the game between last years runners up Borussia Dortmud who are in belgium to play club brugge, but Liam Scales has put celtic 1 0 up against slovan bratislava. Psg girona still 0 0. Earlier Sparta Prague were 3 0 winners over Rb Salzburg and it was all square between Bolgna And Shaktar donesk. Vivianne miedema scored on her Manchester City debut to help her side to a big lead over Paris Fc in their Champions League second round qualifier. City travelled to paris without Record Goal Scorer Khadija Shaw after they failed to file a visa application. They still won 5 0. Arsenal were beaten by swedish side hecken. Juventus were 3 1 winners against psg. Roma won by the same scoreline against swiss side servette. Two games under way in the English Leaue cup 3rd ro
Through friday and in the weekend as an area of low pressure comes from the south it will introduce the threat of rain or thundery showers but it looks like scotland and Northern Ireland should keep the dry weather into the weekend. Into the weekend. And thats Bbc News at six. You can keep up with all the latest developments on bbc website. Now its time to join our colleagues for the news hello, and welcome to sportsday. Old foes in a New Look Champions League Liverpool open their campaign in italy against ac milan. The Champions League might be bigger, but what about Player Burn out . Manchester citys rodri says they could go on strike. In my humble opinion, i think theres much we have to take care of ourselves. Someone has to take care of ourselves. Glasgow gets the Go Ahead to host a scaled back 2026 commonwealth games. Also coming up on sportsday. Working his way back to the Top Anthonyjoshua tells us about his two yearjourney to set up another World Title Shot on Saturday Night. G
Members feel they have made a lot of concessions to boeing over the years in various ways, and it seems to be there is a lot of frustration on the union s side and they voted i think 96% to actually go on strike, which is greater than the percentage of voters for the percentage of voters for the last stroke in 2008. So certainly a very concerning thing for boeing s management and customers. thing for boeing s management and customers. Boeing has a new ceo. The challenges and customers. Boeing has a new ceo. The challenges seem and customers. Boeing has a new ceo. The challenges seem to and customers. Boeing has a new ceo. The challenges seem to be l ceo. The challenges seem to be numerous for him. What do you think his priorities are going to lie, the strike is front and centre. In to lie, the strike is front and centre. , u, , centre. In his career he is known as centre. In his career he is known as really centre. In his career he is known as really good centre. In his career
The national Crime Agency actually looking at the awful sort of Rubber Dinghies that people are coming across the channel with. Many of them of course not able to make it in these contraptions, discussing these contra ptions, discussing how these contraptions, discussing how we go after those gangs in cooperation upstream with other European Partners and i know the Prime Minister will be in italy tomorrow with prime Minister Maloney discussing theseissues Minister Maloney discussing these issues and the work they have done particularly with albania. , have done particularly with albania. ,. ,~ albania. David lammy speaking to Laura Kuenssberg albania. David lammy speaking to Laura Kuenssberg earlier. Albania. David lammy speaking| to Laura Kuenssberg earlier. We will be speaking to the ceo of the Refugee Council a little later in the programme. Lets speak to enver solomon, ceo of the Refugee Council. We can speak to him right now. Hello to you. Its just another sad day, isnt it . Anoth