Just coming in right now. The Federal Reserve has announced a half a point. That was not the most expected. Most of what i read was a Quarter Point expected. It was a toss up, and really heres the thing, the Federal Reserve raised Interest Rates to get inflation down. The more recent readings we have gotten on the economy the last six weeks since the last time they announced decision is pointing to a weakness in the labor department. To cut into unemployment and make more people get out of jobs or increase unemployment further, well, thats the reason why they wanted to dramatically cut Interest Rates. They decided to do so by half a Percentage Point. Economic activity has continued to expand at a solid pace. Job gains have slowed. Well have to see what Fed Chair Jerome powell says to explain cutting Interest Rates by a Half Point. Im going to ask the Control Room if we can get a ticker and keep an eye on whats going on with the stock market. Its going wild . There we go. Ran insana, th
and retaining their premier league title. liverpool s trent alexander arnold tells us why he s launching a scheme to help young players who are released by club academies. a lot of people still find it difficult to kind of open up and feel vulnerable, and are scared of that feeling of failure again. good morning. there is a lot of cloud out there for most of us and some outbreaks of rain. the weather is going to be warming up in the next few days. details here on bbc breakfast. good morning. it s thursday, the 27th of april. our main story. british evacuation teams are working to rescue more people from sudan before the country s fragile ceasefire ends tonight. more than 500 people have already left on uk flights, with another due to land this morning. but the foreign secretary said he can t guarantee how many further planes will depart once the 72 hour truce expires. simonjones reports. back on british soil, escaping the conflict, hundreds of people have now left sudan as pa
us financal watchdogs target two more big names, the exchange genesis, and the crypto lender gemini. plus, pack your bags, travel is back. but where are people going? we ll hear from the boss of hotel booking site trivago. we start here in the uk, where we could get confirmation, in the next hour or so, that the economy is heading into recession. figures for november are expected to show a fall in britain s gdp, gross domestic product or economic output, after growth ofjust 0.5% in october. we already know the uk economy shrank in the three months to september, two quarters in a row of negative growth means a recession. businesses and consumers are feeling the pressure of soaring energy bills and rising interest rates, as one company owner has been telling the bbc. from our point of view, we can feel that yeah there is probably a recession coming on. people are finding it difficult, they are kind of worried about their basic of heating and fuel and all the rest of it in the w