lets now get down to business. the biggest interest rate rise since 1989. that s what we are awaiting from the bank of england in just a few hours time as it battles to control soaring prices. the bank is widely expected to raise its benchmark rate from 2.25% to 3% pushing up the cost of mortgages, credit cards and loans. it comes as america s central bank the us federal reserve raised its main rate by three quarters of a percentage point and warned borrowing costs will have to go higher than many are expecting. michelle fleury has this from new york. this is the fourth time in a row that the us central bank has raised interest rates so aggressively, with another hike possible in december. the rapid pace of increases is in response to prices that have been rising at their fastest pace in four decades. now, as the race to beat inflation continues, the question for everyone is, will mr powell and his colleagues really keep up this pace? in its statement, for the firs
Cnn Breaking News good morning. You were alive in the cnn newsroom . Of those propalestinian protests on College Campuses in the Turks And Caicos. And the head of the government there is addressing the arrest of Five Americans for allegedly bringing live ammunition onto the islands were on that in a moment and were watching the arrival right now. But your show, you live at the white house watching the arrival of the kenyan president and first lady at the white house. Its the First Official state visit for an african leader to the United States, to the white house since 2008. And well have more on those pictures in just a moment. But first we begin with the trouble on tap for ticketmaster, the Justice Department is expected to announce a major lawsuit at any moment against ticketmasters owner live nation, accusing the Concert Giant of operating a monopoly. The government alleges live nation of users its Industry Dominance for years to stifle competition and rip off fans that issue was o
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