Race which is heating up as a big Rate Cut is set to bring Borrowing Costs down. With high prices and the economy still at the top of americas minds, which candidates plan will get voters or fired up at the polls in after a second attempt on President Trumps life, the bipartisan Push Congress is making to keep making president ial candidates safe. The Task Force Member,. Pat fallon, and Democrat House Intel Community Member Ami Bera are here. I am David Asman in for Neil Cavuto, this is cavuto live. Kamala harris and Donald Trump are talking up the top issue which, of course, is the economy. Alexandria hoff is in wilmington, north carolina, where trump is set the speak later today. Hey, alexandria. Reporter hey, david, good to be with you. Yeah, Cost Of Living, Housing Prices are at the the fore if front of the former president s remarks here today. But with this Rate Cut, you know, just recently happening its kind of resumed some of the criticism that the former president has had of C
In cutting the cost of borrowing for the first time in overfour years. The Federal Reserve have dropped the main Interest Rate in the worlds biggest economy by half a percentage point, bringing it down to between 4. 75 and 5 . A drop larger than many expected, with some wondering now if this reflects the scale of the problems facing the american economy or the success in getting the pace of price rises, inflation, close to the banks targets. The governor of the fed, Jerome Powell says the us economy is in good shape and they intend to keep it that way. 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 h
Bumper cut the Federal Reserve slashes the cost of borrowing by half a Percentage Point. We take a look at what this says about the us economy. And the Bank Of England are minutes away from telling us whether theyre cutting rates or not. Markets think theyre staying where they are. Welcome to business today. We start in the us, and a big move by the Central Bank in cutting the cost of borrowing for the first time in overfour years. The Federal Reserve have dropped the main Interest Rate in the worlds biggest economy by half a Percentage Point bringing it down to between 4. 75 and 5 . A drop larger than many expected with some wondering now if this reflects the scale of the problems facing the american economy or the success in getting the pace of price rises, inflation, close to the banks targets. The governor of the fed Jerome Powell says the us economy is in good shape and they intend to keep it that way. Our North America Business correspondent Ritika Gupta has the details. The Fede
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
11:00 a.m. eastern, 8:00 a.m. pacific, i m jose diaz-balart. right now in new york city, former president donald trump inside the courtroom at closing arguments in his $250 million civil fraud trial. just hours after police responded to a bomb threat at the judge s home. meanwhile, on the campaign trail, nikki haley and ron desantis traded insults during last night s gop debate in the battle for second place. you re invisible in new hampshire. you re invisible in south carolina. you re in fifth place. she s got this problem with ballistic podiatry, shooting herself in the foot every other day. this as chris christie is caught on a hot mic talking about haley and desantis right before he dropped out of the race. and in california, presidential son hunter biden is due to face tax charges in court this afternoon, a day after his surprise appearance on capitol hill. and we begin with breaking news from new york city, where cloing arguments are under way in former presiden