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
because of the loss of roe v. wade. i would be incapable of doing this job if i were not glass half full. i am hopeful. yes, it is definitely disheartening to think that so much of the population does not think we will ever have a woman president. i will be looking forward to the day when they have to say that they were wrong. me as well, danielle campoamor. we have a lot more coming up. our second hour starts right now. our second hour starts right now. hi everybody, i m yasmin again. if you are just joining us, thank you for sticking with us. we are thankful for that. we are following breaking news from israel. the idf is releasing new video which it claims shows hamas has been using al-shifa hospital as a command center to carry out attacks. we re going to have a live report in just a moment. we are also tracking the latest on a potential hostage deal in israel. officials are stressing the fragile state of the proposal. some of the outstanding areas of disagreement a
The Willmar City Council on Aug. 21 approved amendments to the Paffrath purchase agreement that reduce the cost of the land, remove a lot used for stormwater runoff and allow for a development other than tiny homes.
Willmar Planning and Development Director Justice Walker does his best to explain to Willmar City Council members Audrey Nelsen and Tom Butterfield why the amendments are needed for the Paffrath purchase agreement.