we start in the us where the federal reserve gave financial markets a double boost on wednesday. it says the world s biggest economy will recover much faster than it was predicting a few months ago as vaccines are rolled out and government stimulus cash begins to flow. and it has put to rest for now fears that higher interest rates are around the corner. the fed has promised to keep them close to zero until the recovery is complete. michelle fleury has more. jerome powell was surprisingly forthright. he said he is in no rush to pull support from the economy. with 9.5 million jobs still missing and spending on travel and hospitality still weak, the fed chief said the bank was committed to keeping borrowing rates near zero until the job is done. the job is done. today, interest the job is done. today, interest rates - the job is done. today, interest rates were - the job is done. today, | interest rates were kept the job is done. today, - interest rates were kept near
A low pressure is sitting just off our coast and will bring some rain Wednesday alongside more gusts. Chilly temps are expected to continue into the weekend.
Overall the NOAA had been forecasting a very mild winter for this year. But that forecast has been cooled down a bit, at least the early part of the winter.