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
Pray for you when they know that thats not so. The bible tells us weeping may endure for a night but joy cometh in the morning. We need top lean on one another, lift one another up. But we had tremendous success on the apprentice. And when i ran for president , i had to leave the show. And they hired a big, big movie star, arnold schwarzenegger, to take my place. May god bless you all. A different time. Very different. You know it reminds me of a bible verse. I googled it while i was watching that. Matthew 7 1520. Where are false prophets which come to you in sheeps clothing but inwardly they are wolves. Ye shall know them by their fruits. Willie, you know, ive been to that Prayer Breakfast, know the people who run it. Saw what donald trump, through the years, talking about the apprentice. Himself. Talking about himself, Attacking Political again, know them by their fruits. It is the antithesis of everything that you see in red letters when you read through the gospel of jesus christ.
We need to go big. And if we waste some money now, we waste some money. Absolutely we have too many people hurting and the economy is going to sputter and weve got to get ourselves out of this mess. And this is the way we need to go right now. Let me tell you something, that man has a future in Northwest Florida politics. I like him. Or West Virginia. Mika, thats interesting. Thats from the republican governor of a state that donald trump got 69 in. Jim justice, governor of West Virginia, urging congress to go big on covid19 relief. Good morning. Welcome to morning joe. It is tuesday, february 2nd. We have columnist and Associate Editor for the Washington Post, david ignatius. Back with us, capitol hill correspondent and host of way too early, kasie hunt. And it seems more and more likely that democrats will push through the Biden Administrations nearly 2 trillion Economic Relief package with or without republicans. The president met with a group of Senate Republicans for about two hou
New charges were filed against him. Another indictment on Election Interference could come this week a Violent Storm rips across the northeast, Trees Uprooted and cars destroyed in d. C. Get in, get in, get in and parts of boston flooded. Plus the brutal heat wave is not over for millions. How its driving up gas prices for all americans. Protests turned violent in niger, as the Military Locks up the african countrys leader in an attempted coup. Our correspondent, the only american reporter there. Drone attacks inside moscow, how the war is coming to russias capital rare access inside the cdcs lab to fight mosquitos. Why theyre becoming immune to insecticides and Subscription Overload Monthly Prices for two Major Streaming Services going up again. What you can do about it announcer this is nbc nightly news with kate snow. Good evening for months weve watched a chaotic situation in the country of haiti devolve, as violence increased and gangs took control. Tonight, an American Mother and