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
Beyond of that, there will be, of course, a period of deliberation. And given the complexity and the scale of this case, based on how many charges there are, and i should say that while there were 115 originally, it has been reported that that may have expanded to around 130, not because there are additional allegations of wrongdoing, but more because they re effectively multiples of original charges over various seasons. The premier league are simply not clarifying the case, but regardless, it s a sprawling case over 1a seasons, and so it would be surprising if there wasn t a significant period of time dedicated to considering the verdict by that three person panel. So, estimates have ranged from any time in the new year all the way through to spring. And of course, it s not beyond the realms, perhaps, that some kind of compromise, some kind of arrangement or deal may be reached because the legal bill is spiraling tens of millions of pounds. It s estimated to have cost both sides alr
Reported that that may have expanded to around 130, not because there are additional allegations of wrongdoing, but more because they re effectively multiples of original charges over various seasons. The premier league are simply not clarifying the case, but regardless, it s a sprawling case over 1a seasons, and so it would be surprising if there wasn t a significant period of time dedicated to considering the verdict by that three person panel. So, estimates have ranged from any time in the new year all the way through to spring. And of course, it s not beyond the realms, perhaps, that some kind of compromise, some kind of arrangement or deal may be reached because the legal bill is spiraling tens of millions of pounds. It s estimated to have cost both sides already. And it may well be that at some stage some kind of arrangement is reached. But i think as it stands, if this runs its course, it s very hard to say. It could go to an appeal, at least one round of appeals and so it coul
City were charged and referred to an independent commission in february last year, following a four year investigation that said the club broke rules between 2009 and 2018. An exact date for a verdict is unknown, with reports only suggesting a decision early in 2025. City strongly deny all the charges. 0ur sports editor dan roan tells us what happens next. It s expected to last, this commission hearing, about ten weeks, and then beyond of that, there will be, of course, a period of deliberation. And given the complexity and the scale of this case, based on how many charges there are, and i should say that while there were 115 originally, it has been reported that that may have expanded to around 130, not because there are additional allegations of wrongdoing, but more because they re effectively multiples of original charges over various seasons. The premier league are simply not clarifying the case, but regardless, it s a sprawling case over 1a seasons, and so it would be surprising i
Hello and welcome to sportsday this Monday Night with Me Chetan Pathak live from the bbc sport centre, coming up on the programme. The hearing into Manchester Citys charges for alleged breaches of the Premier Leagues financial rules begins. Over a0 years after they last played in europes elite Club Competition Aston villa prepare for their Opening Game of this seasons Champions League. Glasgow to the rescue the Scottish Government is on the verge of agreeing a deal to host a Scaled Down Commonwealth Games in 2026. Also coming up on sportsday before 7. The former Racing Driver trying to become the fastest Double Amputee to complete the ironman World Championship we hearfrom billy monger. Welcome along, thank you forjoining us on the day an independent commission has begun its hearing into Manchester Citys alleged breaches of Premier League financial rules. The club denies all charges. If found guilty they could be fined, have points deducted or worst case even be relegated. 0ur Sports E