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
An unprecedented attack. Thousands of pagers exploding at the same moment across the country of Lebanon Targeting members of hezbollah. At least 12 are dead as of this morning. Thousands injured. Well have the latest in the Middle East, the latest in israel. The big Picture Analysis is minutes away. Last night, check this out. [shouting] bill flint, michigan Last Night. The former president not backing down. Back on the trail in michigan days after the second attempt on his life. Michigan very important for both campaigns coming up in november. 48 days and counting. Welcome to our program. Hello to you. Dana it was below 50 yesterday now were talking and getting bill exactly seven weeks as of yesterday. Were in it. Dana im Dana Perino and this is americas newsroom. Were excited to get started. The former president is revealing new details about what happened sunday on his florida golf course. This is what he told sean hannity. We heard shots ring out around the fifth hole or so. We hea
Sandra for the second straight day, hundreds of devices exploding across lebanon and what appears to be a major attack against members of iranbacked hezbollah appeared today we are hearing reports that handheld radios are detonating just south of beirut. Thats where we find ourselves at the top of the new our here. Hello e and welcome Everyone Frm Sandra Smith in new york. John tried to have you back, im John Roberts in washington, this is americas reports. Israel is behind the simultaneous explosions of pagers that killed 12 people and injured nearly 3,000. Sandra the embassy in Beirut Morning americans in the country to be on high alert and maintain a low profile. Lets get right to it with Nate Foy live on the ground in Tel Aviv for us at this hour, 8 00, there, nate. Has israel said anything about these explosions . Not directly, sandra, but while visiting the countries north, Defense Minister Yoav gallant said minutes ago we are entering the new phase of this war. This as israel mo
John live look at the Federal Reserve where a decision on the future of Interest Rates is imminent. We should get it any second now. This announcement should have major implications for americans feeling the pinch of inflation. We do expect federal Reserve Chairman Jay Powell Toehold a News Conference later this hour as is traditional. With that, John Roberts and washington. Sandra Sandra Smith in New York. Might as well sell myself because right now you are looking at a bit of a turnaround. What are we looking at with the dow . But the Tick Marks not indicating that peer do you see that . The Tick Mark is read. We are going to look at that because i dont know what that is. A minute ago it was flat now it is up okay, the decision is now, okay, 50 Basis Points. The Tick Mark is not on the screen but that is accurate. The dow is now up 323 points, john. That Tick Mark there it is there it is. All right, so this was highly anticipated. Kelly ogrady from Fox Business ran onset with us to c
And on that note, i wish you a very good night. From all of our colleagues across the networks of nbc news, thanks for staying up late with me. I will see you at The End of tomorrow. Vice President Candidate j. D. Vance has a new line he likes to repeat on the campaign trail. You know the big difference between conservatives and liberals . Is that no one has tried to kill Kamala Harris in the last couple of months and two people now have tried to kill Donald Trump in the last couple of months. I would say that is strong evidence that the left needs to tone down the rhetoric. Two Assassination Attempts, attempts in as many months. I think it is time to say to the democrats, to the media, to everybody that has been attacking this man and trying to censure this man going on 10 years, cut it out or you are going to get somebody killed. J. D. Vance wants people to believe it is the Lefts Rhetoric that motivated these attacks. Donald trump has taken it a step further directly blaming Kamala