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Welcome to Business Today live from new york. Shares are inching higher on Wall Street ahead of the most closely watched meeting of the Us Federal Reserve in years. In just underfive federal reserve in years. In just under five hours time the fed is expected to finally start cutting the cost of borrowing from its two decade high. But how deep are the first could be and with concerns in some quarters about a rapidly weakening us economy, has the fed left it too late . Let s get more from the chief fixed Income Strategist at janney montgomery scott. The big debate here, 25 or a 50 Basis Point Cut. What are you expecting . Basis point cut. What are you petting . Expecting . Its a close call. I think there expecting . Its a close call. I think there is expecting . Its a close call. I think there is relatively think there ....
We have continuing coverage of the story on bbc news. Countdown serve the fed, the us Central Bank is expected to cut Interest Rates in the next couple of hours. The question is by how much. Also ahead, Uk Inflation hold steady in august but as the Bank Of England finally slaying the dragon . And The Party is over for tupperware as the 78 year old firm filed for bankruptcy. We lift the lid on what went wrong. Welcome to business today. We start in the us where the federal reserve is poised to cut the cost of borrowing for the first time in four years. That decision comes in less that three hours. It will come at two oclock eastern time. Americas Central Bank cranked up Interest Rates for the highest in two decades to get soaring inflation under control. Lets take you live to New York and talk to our North America Business corr ....
And italy mourns the death of their icon of italia 90, Toto Schillaci. Also coming up on sportsday. Well hear from Harry Brook as he prepares to lead england for first time in the one Day Series against australia its been a great day for Skipper Ben Ainslie and his bid to win the Americas Cup with Ineos Brittania in barcelona there were winning starts for Aston Villa and Liverpool Yesterday in the Opening Round of Champions League fixtures, there are six more matches this evening, two more british sides in action, well get to Celtic Park in a moment, but lets head to the etihad where Manchester City take on inter milan, its a repeat of the final two seasons ago, Rodris Goal in istanbul seeing city becoming European Champions for the first time. Our Sports Correspodnent Natalie pirks is at the game for us, natalie, they are English And Italian Champions and getting a match like this in the first phase of the competition is just why uefa ....
Joker, all new Thursdays Attack on tbs set your dvrs now, Closed Captioning is brought to you by you, cora, help maintain a healthy Urinary Tract with you, cora, having utis for ten years, you cora, we make uti relief products. We also make proactive urinary Tract Health products. You cora protesting too much . But a alleged incitement while practicing incitement themselves were keeping them honest. Also tonight, cnns John King has been traveling all over the map to Battleground States tonight, nevada were perceptions about the economy could be pushing the state closer to trump and later, an extraordinary coordinated attack in lebanon against hezbollah operatives. Hundreds of pagers secretly filled with explosives, detonated remotely and simultaneously well tell you whos behind it and how they did it. Good evening. Thanks for joining us following dozens of Bomb Threats over the last herrell days, schools began today in springfiel ....