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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 deli ....
Lets remind people who are justjoining us that we are covering the Sentencing Hearing of huw edwards. Seven of the images possessed by Hugh Edwards of the most serious type, and two were of a child between seven and nine. Hugh edwards paid Alex Williams hundreds of pounds of gifts and presents in exchange for the images. At one Point Alex William said he had naughty and young images, to which you average replied, go on, but he said he did not want to receive anything illegal. The pictures do most of the pictures are aged between 13 and 15. These communications lasted between 20182022. We communications lasted between 2018 2022. We havejust been hearing from seema. What else are you learning, seema . , , seema . This is very significant. Seema . This is very sig ....
Barrister told the court in july that Mr Edwards did not keep any images, did not send any to Anyone Else and did not and has not sought similar any to Anyone Else and did not and has not sought Sirr Number happening inside Court Number one. , happening inside Court Number one. , one. Stay with us, if you would one. Stay with us, if you would. Lets one. Stay with us, if you would. Letsjust one. Stay with us, if you would. Letsjust Recap L one. Stay with us, if you i would. Letsjust recap for would. Lets just recap for anyonejoining us here. It is 11 oclock. This is Bbc News, im ma ....