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
a $54 billion aid package for ukraine has finally been approved after being held up for months because of objections from hungary. the deal comes as us military aid for ukraine the largest provider of military support for kyiv is being held up by congress. police are searching for a man who s believed to have thrown a corrosive substance at two young children and their mother in south london last night. they re searching for 35 year old abdul ezedi from newcastle he is thought to have significant burns to his face caused by the substance. we begin tonight as us officials say plans have been approved for a series of strikes against iranian personnel and facilities in iraq and syria but not in iran itself. they told cbs news that the action would be carried out over a number of days. washington has been preparing to hit back at iran backed militias after three us troops were killed in a drone strike injordan. here s our chief international correspondent lyse doucet. wha
chris jansing picks up our coverage right now. good day, i m chris jansing in new york city. happy memorial day. and welcome to a special edition of chris jansing reports. the agreement on the debt limit is not done but is done but the fight s not finished. the white house and the speaker s office now in an 11th hour push to pick up every last vote in congress, trying to make sure their big deal doesn t go bust, but today is also about putting politics aside and honoring the men and women who have fought and died for this country. you might have seen the sombering images out of arlington national cemetery where the president laid the wreath and delivered that memorial day address. also this hour, a second memorial day address. one you ll only see here on msnbc. this one from president zelenskyy. as he salutes the americans and ukrainians still fighting for freedom. that is just a few minutes away. but we begin with the intense pressure of step two of the debt ceiling deal
hello, welcome to the programme. we have got another action packed programme for you tonight. coming up, the white house says they have still had no consular access to anerican journalist evan gershkovich, who is being held by the russians on spying charges. we will speak tonight from the former soviet dissident natan sharansky, who was held in the same moscow prison in the 1970s. we will also hearfrom mark urban on his continiung investigation into russia s 331 parachute regiment, and the losses that unit has sustained in ukraine. but we start tonight with the clean up within britain s biggest police force. the met commissioner, sir mark rowley, who was appointed in september, believes there are hundreds of corrupt officers serving in the force who should not be in the job. and so concerned is he at the scale of the problem, that around 90 of his officers from serious and organised crime have been tasked with investigating their own. this morning, sir mark set out the plans
what those folks do. so, bless them for all their efforts and i m really glad you put that story on your show. so, we will see you next sunday, my friend. see you next time. meantime, a very good day to all of you from msnbc headquarters here in new york. welcome, everyone, to alex reports. we are tracking hurricane ian at this hour. it is now a post-tropical cyclone. it s making its way north along the east coast and leaving a trail of devastation in several cities and states. in fact, right now, at least 34 people are confirmed dead. and rescue efforts are ongoing, with crews searching for survivors inside flooded and destroyed homes across that state. the coast guard is out today, assessing damage in several areas. survivors say, it has been a terrifying experience. it was terrifying. i ve never experienced winds, the howling, ears popping. i will never forget it. it was scary, it s the worst thing in the world. today, you know, we need basics and they