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
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 supersized 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% by t
Kamala harris talked about her middle Class roots and providing help for small businesses. Mr trump talked about the soaring priCes that ameriCans have been living with and laid the responsibility firmly at the demoCrats door. Lets have a quiCk listen to Kamala Harris. My my passion, one of them, is small businesses. I would aCtually, my mother raised my sister and me but there was a woman who helped raise us we Call her our seCond mother, she was a small business owner, i love our small businesses not be my plan is to give a 50,000 Tax DeduCtion to start up small businesses, knowing they are part of the baCkbone of ameriCas eConomy. My opponent, on the other hand, as planners to do what he has done before whiCh is to provide Tax Cut for billionaires and big Corporations whiCh will result in 5 Trillion to ameriCas defiCit. Donald trump talked up his eConomiC legaCy as the debate moved onto the question of tarfiffs. Youll remember Mr Trump has reCently been speaking about inCreasing tar
tentative from me for now, now it s time to the last word with lawrence o donnell, good evening lawrence. good evening rachel, we ve heard many speeches on this day, and martin luther king s birthday over the years since his assassination. i heard when today for the first time, that was delivered in 1983. and it is just the most extraordinary, 60 minutes long, we re gonna show some of it later in this hour, the most extraordinary speech about martin luther king, i ve ever heard, it was delivered by then funniest man in the world, richard pryor. in washington d.c.. and thanks to c-span, which is something we say all the time, thanks to c-span, it is been preserved, and we must show some of it later, it s like nothing you ve ever seen on this day, i have no memory of it, i don t member seeing it, know remember hearing about it. it wasn t in a news cycle that day, that s for sure. that is fantastic i did not know this existed. not only have not heard it before, they know exi
every search you make every click you take i ll be watching you - [narrator] the internet doesn t have to be so creepy, the duckduckgo app, it s time to the last word with lets you search and browse pria blocking most trackers all forf your search history is never tracked, so it can t be shared. and when you leave search, duckduckgo helps keep companies from watching you as you brows. join tens of millions of people making the easy switch by downloading the app today. duckduckgo, privacy simplified. lawrence o donnell, good evening lawrence. part we ve heard many speeches on this day are, luther king s birthday over the, years since this assassination. i heard one today for the first time, that was delivered in 1983. and it is just the most extraordinary 16 minutes long, we re gonna show some of it later in this hour the most extraordinary speech about martin luther king, i ve ever heard, it was delivered by then funniest man in the world, richard pryor. in washin