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 economy. T
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
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
Communicated demon false statements for former President Trump and the Trump Campaign in connection with trumps failed effort at reelection in 2020. They concluded what he did is a threat to the Public Interest which is why he has been suspended from the practice of law. It is not easy to have your license suspended this way. This all came about after the bar received multiple complaints conducted investigation and came to this result. But were actually expected to see mr. Giuliani in a few hours. He is due to appear in Federal Court here In Washington d. C. To defend against a Defamation Suit brought by dominion voting systems. We may have the chance to ask him to react. He first joined the bar in 1969. Hes had a lengthy legal career. He was in the Justice Department for a while. He was the mayor of new york. And then he has been representing former President Trump in various legal for various legal issues. This is really a pretty stunning way to cap off what historically has been a p
Communicated demon false statements for former President Trump and the Trump Campaign in connection with trumps failed effort at reelection in 2020. They concluded what he did is a threat to the Public Interest which is why he has been suspended from the practice of law. It is not easy to have your license suspended this way. This all came about after the bar received multiple complaints conducted investigation and came to this result. But were actually expected to see mr. Giuliani in a few hours. He is due to appear in Federal Court here In Washington d. C. To defend against a Defamation Suit brought by dominion voting systems. We may have the chance to ask him to react. He first joined the bar in 1969. Hes had a lengthy legal career. He was in the Justice Department for a while. He was the mayor of new york. And then he has been representing former President Trump in various legal for various legal issues. This is really a pretty stunning way to cap off what historically has been a p