A closely watched key Interest Rate announcement the Federal Reserve has does it has decided to leave the rate unchanged in the 2. 25 to 2. 5 percent range but expectations are growing that that set to move fed chairman a drone powell pointed to concerns over weakening Global Growth and volatile International Trade relationships some fed officials apparently expect a rate cut by the end of the year ahead of the feds announcement similar preoccupations prompted the European Central bank to signal it could be ready to introduce fresh stimulus measures to boost the eurozone economy. For more im joined by james hughes chief market analyst at good morning james so james on the one hand you have potential borrowing costs sinking in the near future something that markets usually like on the other hand its against the backdrop of darkening skies for the Global Economy so is this good news or bad news for the markets. Well its going to be one of those situations where we see short term good new
Im not proud of my will not succeed in dividing us not succeed in taking the people off the streets because we have time to just to try to shift. Taking the stand global news that matters. Made for mines. The u. S. Fed leaves Interest Rates unchanged it leaves the door open for a later cut so what does that say about the American Economy about the Central Banks independence from a pushy president. Also on the show the u. S. Hopes to bolster its coal power plants unveiling new rules the scrap of missions targets and will likely slow the shift to renewables. And well take you to a school in a world gone up where the power of play is helping to keep the lights on. Business im Stephen Beard sambolin thanks for watching. The Federal Reserve has left the key lending rate unchanged in the 2. 25 to 2. 5 percent range but some fed officials apparently expect a rate cut by the end of the year announcing the decision fed chairman Jerome Powell pointed to concerns over weakening Global Growth and
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