Caution at the Bank Of England. It keeps Interest Rates on hold but the governor tells us they are optimistic that Borrowing Costs are on the Path Down. Over on Wall Street though the party is back on. Shares hit a new Record High as the fed says the economys in a good place despite Itsjumbo Rate cut billion dollar breaks Australias Economy rides a wave of interest in surfing. It is the government fully with the sport . All those puns to come a little later in the programme. We start here in the uk where the bank of England Governor Andrew Bailey has said Interest Rates are now gradually on the Path Down despite the Banks Decision to keep the cost of borrowing on hold today. The banks main rate was left at 5 after it was cut last month for the first time in more than four years. The bank ratcheted up Interest Rates to try and control inflation which hit a peak of 11. 1 back in 2022. Since then inflation has been brought down significantly its sitting just above the banks target curre
photographed and then trump flies back to mar-a-lago where he will speak publicly about the indictment against him. his attorney making this bombshell today. we will look at every potential issue that we will be able to challenge and we will challenge it and, of course, i very much anticipate a motion to dismiss coming because there s no law that fits this. alicia: the details of the indictment are typically under seal before the arrangement takes place but there are reports that trump will face as many as 34 charges. if the charges are exclusively along the lines of the reporting before i came on, it ll be a class e felony and there is an upward range that involves prison and downward range that involves no prison whatsoever. so that s what we have to wait and see. really only district attorney bragg knows what the evidence is. alicia: so if the charges are related to the hush money scandal, trump s legal team and many others including former attorney general bill barr s
the unsuccessful ukrainian strike that disabled the bridge to crimea, that this as vladimir putin threatens to go nuclear, biden warning that it could be armageddon and the worst crisis since the cuban missile crisis before jetting off to delaware for some rest and relaxation. we ll bring you the latest and check in with colonel oliver north. later, bomb show evidence that could result in charges against hunter biden but they re missing the big picture. but we have a voice mail allegedly left by his father to hunter and that sheds new light on how hunter likely light on that gun application. we ll play the recording and let you decide. also the one and only stephen a. smith will join us on his take on joe biden, the kanye west scandal and so much more. apparently people can t believe her friends. a lot of chatter on the internet about that. first were 29 days away from this inflection point in our country, a tipping point election if there was one, our midterms. republicans a
this was exactly the intent. he totally knew this was the intent. wooled told him in the commentary from this side stay strong, inclination was against this because this was exactly the intent and the democrat playbook is, write omnibus legislation that we have to pass it in order to know what s in it, right, have all kinds of fussy terms in it and hand it over to the progressive bureaucracy to write regulations so that we meld it into what we want, not what it actually says. if manchin is shocked by that, i would have guessed that he wrote that textbook rather than he suddenly surprised that they re implementing. joe: precisely. mollie, i recently wrote a piece talking about ronald reagan with his embrace of compromise and if they didn t get along and heated words after work they got together for a drink. reagan agreed to tax cuts tax
SECURE 2.0 Act of 2022 (the "Act") was signed into law by President Biden on December 29, 2022 (the date of enactment), as part of the larger government funding bill.