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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 ov ....
Recovery. I believe it is important for the country to recognise this progress because if we do not, progress made will remain locked in the fear of negative mindsets that dominate or economic outlook since the pandemic began. Investors have cheered the cut, the Dowjones Industrial The Dow Jones Industrial Average the Dowjones Industrial Average 500 rising to a new all time high. More from new york. Record high, a day after the Federal Reserve kicked off its easing cycle. The 500 Euros i. 7 easing cycle. The 500 Euros 1. 7 and extending this years gains 20 meanwhile, 500 points topping 42,000 For The First Time and the majority of Industry Groups close of the session higher and sharing outperformed as the Rate Cuts spurred investors to attend to a risk on Mood And Tesla gained 4 ....
Ask your Doctor Or Pharmacist about shingrix today. Brian all right. 7 00 a. M. On the east coast. Tuesday, september 17th. This is fox and friends. A Fox News Alert now. President trump heading back on the Campaign Trail after speaking out about the second Assassination Attempt. What the gunfire was, actually, interestingly, was a secret Service Agent had seen a barrel of an ak47. Started shooting at the barrel. Those were the shots we heard. The never one never got a shot off. Lawrence he has to be the luckiest man. Another Fox News Alert. We are waiting for sean diddy Combs Indictment to be unsealed this morning after he was arrested in New York overnight and r ....
Out of washington state. There s always some kind of pressure to get us, to motivate us to vote in their favour. There s always something like that, you know, there s always an underlying threat. And if we re not doing the right thing, then we re hurting the company. We re not hurting them. They ve got, they make way more money than we do. Why don t they give up some of their money to get boeing out of the problem they re in? we are expecting results in the next few hours. in the next hour. We re expecting the results of that vote in the next few hours. The bbc s ritika gupta has more on what s at stake. They haven t had a new contract in 16 years and have been bargaining for months for higher pay, better benefits and job security. The latest dispute is centred around workers discontent over a tentative agreement reached ....