Good to be with you. Im katy tur. This is a monumental day, the Federal Reserve cut Interest Rates for the first time in four years. This was an aggressive 50 Basis Point Cut or half a Percentage Point that will move markets and Mortgage Rates. It might also move the tide of the election. Federal Reserve Chairman Jerome Powell followed the announcement with a speech of his own, appearing to signal more aggressive cuts to come, indicating that inflation is finally under control, all of this, just 48 days before the president ial election. Big day. Joining us now, nbc News Business and data reporter, brian cheung, national Affairs Correspondent with the nation John Nichols, and director of polling at the Harvard Kennedy Institute of politics and msnbc political contributor, John Della volpe. Nbc Business Correspondent Christine romans will be here in just a second. Brian, i shall begin with you, explain what We Saw, and also tell me what he said in his news conference. Yeah, and its stil
thanks for watching, i ll see you back here next weekend, at five pm eastern. up next, the sunday show with jonathan capehart. jonathan, i know you have the latest from new hampshire with ron desantis suspending his campaign, and i m looking forward to hearing from senator amy klobuchar of minnesota. it is a busy night, jonathan. yes it is rev, and thank you very much. and then there were two. in a stunning move, florida governor ron desantis ends his presidential bid just two days before the new hampshire primary, and endorses donald trump. we will go live to our reporters on the campaign trail, as we take a closer look at what went wrong for desantis, and we will get into what it means now that the race for the republican nomination is down to nikki haley and donald trump, with my all-star panel adrienne and cornell belcher. i am jonathan capehart, this is the sunday show. we begin this sunday evening with breaking news that is shaping up the race for 2024. just t