Our north america business correspondent ritika gupta has the details. The 0. 5 percentage cut brings its key interest rate, the federal funds rate down to between 4. 75 and 5%. It comes amid signs of inflation in america is continuing to fall while thejob market america is continuing to fall while the job market remains strong even as unemployment has risen this year. The strong even as unemployment has risen this year. risen this year. The labour market is risen this year. The labour market is actually risen this year. The labour market is actually in risen this year. The labour market is actually in solid| market is actually in solid condition and our intentions with condition and our intentions with our condition and our intentions with our policy move today is to keep with our policy move today is to keep it with our policy move today is to keep it there. You can say that to keep it there. You can say that about to keep it there. You can say that about the whole econo
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
Delivered a supersized cut aimed at bolstering the us market. The first in over four years brings its key interest rate, the federal funds rate, its key interest rate, the federalfunds rate, down to between 4. 75 and 5 . It comes amid signs that inflation in america is continuing to fall while Thejob Market America is continuing to fall while the Job Market remains strong as unemployment has risen this year. Risen this year. The Labour Market is risen this year. The Labour Market is actually risen this year. The Labour Market is actually in risen this year. The Labour Market is actually in solid| market is actually in solid condition, and our intention with condition, and our intention with our condition, and our intention with our Policy Move to is to keep with our Policy Move to is to keep it with our Policy Move to is to keep it there. You can say that about keep it there. You can say that about the keep it there. You can say that about the whole economy. The us economy about the wh
How strict would trump be with china, what we saw eight years ago which was radical at the time with the tariffs is not just the baseline, and to what extent would harris continue biden s policies or go further with labour and environmental standards . You mentioned Supply Chain, how do they differ when it comes to that . The chain, how do they differ when it comes to that . It comes to that . The us is t in it comes to that . The us is trying to it comes to that . The us is trying to move it comes to that . The us is i trying to move manufacturing back to the United States. To move back to the United States. Trr move all Manufacturing Jobs back to the United States through tariffs. Kamala harris would look at allies and do some reassuring or french shoring, businesses here in asia, clients are looking at these scenarios its very difficult to understand where to put capital and exactly where to adjust your Supply Chains, one, the Indo Pacific economic Framework Agreement would trump Ki
It s there to support this new suite of ai products that the company is calling apple intelligence, which will allow users to use text, to create images, even emojis. We are also set to see a big upgrade to siri, the boy upgrade to siri, the voice assistant that apple first acquired back in 2010. The thing is though, this suite of products, apple intelligence, will not be available at least not for now, in the eu. Apple experience is a bit of a dustup with regulators there over the implications of the digital markets act. The products will however be available in the uk. Nabila popal from idc explained. There was a lot of negative sentiment at the beginning of the year as to why apple hadn t dived into it when any other company had. A lot of criticism from the market and about how if apple is behind, how the models not as advanced as the others, but this is a really huge step forward because consumers are still uncertain about what ai is and what it can do for them and the way apple ha