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 econo
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 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 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% b
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
Find it at walmart wednesday, september 18, right now On Cnn this morning do a half a point when they do a quarter of a point of consequential cut today, the fed expected to cut Interest Rates what that could mean . In for you plus a coordinated attack, hundreds of Pagers Exploding nearly simultaneously in Lebanon Stoking fears of a wider war yes this is exhausting and its harmful and its hateful denouncing harsh rhetoric. Kamala harris taking on Donald Trump with a message about who she thinks deserves to stand behind the seal of the presidency. Im later disturbing allegations and laura details. Sean Diddy Combs, accused of Sex Trafficking, forced labor, and kidnapping. A new indictment detailing crimes dating back 16 years right. 5 00 a. M. Here on the East Coast to live look at Capitol Hill on this morning. Good morning, everyone. Im kasie hunt. Its wonderful to have you with us later today. A major announcement expected that could have a big impact on the economy less than seven we
Member from Jd Vances campaign did fact check the statement about ohio before it sparked the controversy. And are sean combs days as a free Man Over . His last Ditch Effort to get out of prison while he waits trial on charges that could put him behind bars the rest of his life. We begin with the Chaos And Confusion inside lebanon right now where for a second straight day more devices are exploing across the country including walkietalkies more than nine people are dead and 300 injured from the latest blast. Yesterday electronic devices used by the members of hezbollah exploded across lebanon killing at least 12 people and injuring up to 2,800. Two u. S. Officials confirm to Nbc News that israel was behind the attack. The new york times is sharing new details on yesterdays highly sophisticated Attack Reporting that israel planted, quote, small amounts of explosives in beepers that hezbollah ordered from a company based in taiwan. According to american and other officials briefed on the