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BBCNEWS Business Today September 19, 2024

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

BBCNEWS Business Today September 19, 2024

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

BBCNEWS Business Today September 19, 2024

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

CNNW CNN July 3, 2024

It was right on time. Pitch perfect. Thank you. Everyone take note. Yes. Victor is complementing me. Good morning, everyone. Welcome to cnn this morning. So great to have you. Im amara walker. Im victor blackwell. Good to be with you. The United Auto Workers is entering the third day of strikes against three automakers, ford, Ge General Mo and stellantis. The union says they remain far apart in terms of a deal on pay increase and benefits. Former president barack obama weighed in on the strike saturday. He called on the Auto Companies to do right by their workers. Hundreds of Union Members walked the picket lines. They say they are prepared to stick it out in order to get an agreement. Cnns gabe cohen is in ohio with more. Reporter victor, amara, saturday we saw the first small signs of any progress in these negotiations between the union and any of the big three automakers. This after the union met with ford. A source with union telling cnn, we had reasonably productive conversations

Progressives Urge Biden Administration To Crack Down On Union-Busting Industry

Progressives Urge Biden Administration To Crack Down On Union-Busting Industry
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