Least 12 Members Today was Walkie Talkies and at least 14 were killed. Video captured one of the dramatic moments of carnage, a warning the video were about to play for you, maybe difficult to watch. But what youre about to see is device is set off at a funeral earlier today. Here is some of that moment Yesterdays Attack and todays the targets appear to be members of hezbollah, the group backed by iran that the u. S. Desk to me, its a Terrorist Organisation. Cnn has a team in beirut, lebanon and were going to go there in just a moment amidst fears that this could turn things into a wider war. But first breaking news in the Money Lead markets are closing now, on the heels of the highly anticipated decision by the federal reserve to cut Interest Rates in the united states by a halfpoint. That dow finished slightly down 102. 75. After that initial bounce when the news came out two hours ago, Cnn Business Anchor Julia Chatterley is falling all this closely and julia, this is a significant move for anyone looking to borrow or save money. Huge and full plus years in the making for borrowers first, if you own a Credit Card, Youll Rate on that card will adjust pretty quickly. The problem is the average rate on a new Credit Card right now is around 25 . So even with a big cut today, its sort of a rounding yeah, were are rounding everything you might not notice the difference for auto loans, for example, the hope is that this will now start to bring them down from incredibly high levels. But youre right that youre offered depends on your credit history. It depends on what car youre buying so my advice on both of those Things Shop around for mortgages. Weve already seen Mortgage Rates coming down the around 18 month lows for 30 years. This is good News Today if you have an adjustable rate mortgage, if you have a Home Equity Line of credit, because those rates will tick down what it doesnt help with is the overall level of high prices that unfortunately is not a fixed by Interest Rates. And finally, if youre a saver, jake to your point this is crucial lockin high rates. Now, before we see rates come down further, certificates of deposit savings rate, if youve got the money invested, this is the first Rate Cut in four years, as you noted, Inflation Asian was the main reason for not doing so before. In theory, does this mean that the Central Bank anticipates inflation is going to keep slowing down. Are there any potential concerns that this move might suggest . Not according to the federal reserve today, what theyre saying is they think inflation will continue to come down just a little bit more and thats whats giving them all the room now to support the jobs market. And what they hope to do is prevent the Unemployment Rate rising much further from here again, it doesnt ultimately have an impact on the overall level of prices, grocery prices, for example, of what 20 over the last three years, it doesnt help bring those down, but we have we seem to have contained inflation rises. This move comes 48 days before the election in the united states, the fed generally tries to stay away from politics or so they claim, does this rule out the chances of another Rate Cut in october or november it doesnt the fed said today that they hope to cut a further half a Percentage Point this year and they have to meetings left in november and december. In fact, the next week i think its just two days after the president ial election if we dont have a result, if there is financial market turbulence, they will stand ready to act. Now when he was asked today, Jay Powell said, look, its all about the economy ultimately, and they do try to be politically agnostic as you pointed out. But look, Rate Cuts at the margin they helped the White House and they help the incumbent yeah, im sure well hear from mr. Trump on that. Julia chatterley in new york. Thank you so much. Were going to dig more into the politics of this all and just a few minutes, but lets turn now to the other big story in our World Lead and the two consecutive days of attacks in lebanon, dozens of radios exploded earlier today, they were carried by members of the iranbacked hezbollah terrorist group. Just one day after deadly blasts using thousands of the organisations pagers, cnns Ben Wedeman is in very rude and filed this report for us The Day before is disrupted by another explosion a wave of Walkie Talkie Blast across lebanon killed more than a dozen injured, hundreds wednesday coming barely 24 hours after hundreds of pagers, blew up across the country at Food Markets in shops, killing at least 12 people, including two children and injuring around 2,800 others in what Cnn Sources say was an attack by Israels Mossad and military against hezbollah unprecedented in its Scale And Nature outside the American University Of Beirut hospital, distressed Family Members wait for updates on their Loved One friends and relatives of the injured, dont want to speak on camera, but off camera. One told us, for instance, that a friend of his received a message on his pager. He looked at it and the pager blew up in his face, damaging is eyes, and his fingers. And in fact, the Chief Medical Officer here told us the majority of the injuries are to the eyes, to the hands, and the hips, where of course people were holding their pagers. When it seemed that on 200 the patients who received them in a very short time, about within an hour or two, almost all of them went inside our doors. So this stretch are pretty much too ten lebanese Security Source says the militant group bought the devices that exploded in recent months for me, taiwanese Company Gold Apollo however, Gold Apollo denies manufacturing the devices and says It Distributor in hungary is responsible a taiwanese Security Official said theres no record. The pagers were shipped to lebanon or anywhere in the middle East Hezbollah has vowed to retaliate a message echoed by one of the groups lawmakers who saw her on the stump, the resistance will continue to support for gaza, will continue on the israelis well regret what they have done the tension between Israel And Hezbollah is nothing new for most of the past year, crossborder skirmishes have been common. These Device Explosions represent a new level of escalation and wednesday, israels Defence Minister said the explosions mark a new era in Israels War against his butler worried citizens are now suspicious of everyday devices including one found in a Parking Lot near a busy Hospital Security detonated it nic controlled explosion learned that israeli officials actually informed their american counterparts on tuesday of an operation that they were going to conduct in lebanon without actually providing details of this unprecedented operation. That of course, left at least 2,800 people injured in this comes so did time when secretary of State Antony Blinken is on his way back. Yet again, to the Middle East to try to work out the possible its ability of some sort of progress in achieving a ceasefire, not the first time that israel has conducted operations. That to have seriously complicated american diplomatic efforts in the region. Jake, yeah, indeed i just spoke with some Hostage Families whose Loved Ones are being held by hamas In Gaza and they were barry distressed by this operation, which they said doesnt do anything to get their Loved Ones, Loved Ones home. Ben wedeman in beirut. Thank you so much. Appreciate it. Our Veteran Law Enforcement Officer And Cnn chief legal and intelligence analyst, john but miller standing by. John, thanks for joining us. Heres my the very first question when i heard about this, are you surprised that members of hezbollah are still walking around with electronics after what happened yesterday . I think yesterday was their worst day until today. Yesterday, they had to worry about these pagers being compromised as a targeted operation against one piece of equipment that came from one place when the Walkie Talkies blew up today, hezbollah had to come to the full realisation of what had only been as suspicion, which is what if theres more now as an organisation, they have to look at every device they have figured out where it came from, how they got it if its compromised, which means paranoia. And fear has to be very, very high inside that organisation. Yeah, maybe put down the game boy. What should we and hezbollah expect tomorrow . Well, that is the root of this operation, which is theres two theories on that. One, if youre israel and you have converted multiple pieces of equipment that hezbollah uses. You know, theyre going to be looking inside everything they own how might be the time to degrade the organisation further by setting them all off on the psyops side. Jake, just let them wonder and be on the backfoot but because if you look at it, they understood their phones were compromised. So they moved to pagers, then their pagers were revealed to be self warn Hand Grenades controlled by no an adversary. Then they move to Walkie Talkies, which started exploding, would even larger caches of explosives because the larger device could fit them. Now, are they down to them . The point where they have to be sending guys on scooters, carrying notes between different commanders in order to communicate. In the most old School Way possible. If youre hezbollah and youre getting ready to attack israel, that means your communication slows down to a crawl, which in war time is bad. If youre israel and youre about to attack hezbollah that means that their ability to communicate, to fight back is also degraded so basically, hezbollah is reassessing everything about what its able to do and how its able to work right now and what about the psychological effect of these attacks . What does this do to the operatives . The terrorist of hezbollah . How does this impact their morale and their effectiveness . You know, jake, this might in the larger picture, be a better, better psychological Operations Intelligence and military than it was a tactical success for taking out that number of players, which is at the bottom of the organisation, they have to be asking themselves too, are leaders know what theyre doing . Do they know what theyre buying . Do they know where its coming from at the top of the organisation . The leaders have to be he asking, what do we do to fix this . Do we have to throw out everything we own and start from scratch in the middle of a time when were expected to be largely at the behest of iran Attacking Israel as the surrogate we have been for that government for a long time. Its really got them off balance and questioning their own ability to function. All right, john miller, thanks for those insights. Appreciate it. Some big news. Just in rock in the 2024 race, the key Endorsement Neither Candidate is going to be scoring this Election Year plus Sarah Huckabee sanders, the governor of arkansas called out by a Top Adviser to Donald Trumps campaign i found that vince that that comment to be actually offensive i dont know what more to say about them disappointed and sara was saying that im sure he get criticism from the campaign the comment from Governor Huckabee sanders that sparked that reaction from an adviser to the Trump Campaign and why she might have said it in the first place. 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Voters tell pollsters all the time and Todays Decision by the federal reserve to cut Interest Rates by a Half Point will make it less expensive a bit less expensive to take out a mortgage for a home to you or to borrow money for a Car Loan and lower Interest Rates on Credit Card balances so how might this impact the race for the White House . Lets bring in our panel. So a recent Abc News Ipsos Poll found that us adults give trump a seven Point Edge over harris on who they trust on the economy. Do you think this Rate Hike will change that at all or have any impact on the race i dont think its going to change it one bit. I think when you look at what is impacting the american families, it is the economy. The economy, the economy. And inflation to. So while the Rate Cut will help a little bit, it does matter and it is something we should be talking about a why we need a Rate Cut right now and you look the cost of groceries at more than 20 in the cost of electricity up more than 30 , the cost of gas up over 1 since the Bidenharris Administration came in . Thats what people are going to be thinking about when they go to the polls. And this Rate Cut. Well, good, isnt going to be enough to bring it back to stable so far we havent heard anything from President Trump, former President Trump on this ray change, but Vice President ial Nominee Senator j. D. Vance, did just say something at a Campaign Event in North Carolina. Lets roll that tape to what american families have been dealing with for the last what do you think . Yeah, i mean, look, i think this is good in the sense that the democrats are going to be able to say, look, things are going in the right direction it certainly better than it going the other way. And Kamala Harris has its been, i think almost surprisingly, has been doing better and better in each poll with people on the economy, that gap between where trump was in terms of people thinking that he was better equipped to handle the economy versus her. That gap has been closing seven points is not nothing but its more narrow than i remember it being used to be a lot bigger. I mean, it was but thats the thing one of them sort of unbelievable things about the Harris Campaign is that and i think it must be because they called it bidenomics and they call it bidenomics before the economy was improving at all. And so Joe Biden, the economy was like an albatross around his neck and because he was so defensive around the Economy Couldnt see forward. He couldnt see a way to talk to the people who are still hurting when it came to inflation shes done much more to go right directly at the Middle Class. Shes done a lot more to say that we need to do more and i think things like this allow her to say see, were starting to move things in the right direction. And yet bad news for the Harris Campaign on monday, xi met with the Teamsters Union union, which has only supported democrats since Dukakis Somebody said, yeah and moments ago they just announced that theyre not going endorsed anyone for president in 2024. Thats a blow for the Harris Campaign. She needs those Union Voters to turn out for her. But i again, i dont think the endorsement necessarily matters who these people who are actually going to go vote for. I think a lot of unions endorsing their Rank And File members dont support who they are. The top leadership i