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Cut of half a Percentage Point on wednesday has spurred investors sending us markets into record highs. Traders cheered the Central Banks big call cutting the main Interest Rate to between 4. 75 and 5 . Opening the door with a bang on the first rates Easing Cycle in more than four years. President biden hailed the move as good news for consumers but said there was more work to be done in taming inflation. Lets be clear. The fed lowering Interest Rate is not a declaration of victory, its a declaration of victory, its a declaration of victory, its a declaration of progress. Its a Signal Weve entered a new phase for a colony and are recovery. I believe its important ....
That are keeping smarter, which won by morning. Got it. Got abbas, daughter. Youve got this close captioning is brought to you by skechers hands free slipins snoop though, told me about handsfree sketches slipping harry less money is spent Alia Buttlift demonstrate slip beams. I just step in and there all Try Sketches slipping morning. Youre live in the cnn newsroom. Im Jim Acosta in washington. We begin this hour in the Middle East where a series of deadly attacks targeting hezbollah has the organization vowing revenge. Its leader is calling the attacks, quote, Massacres Lebanese official say please 37 people have been killed and thousands more injured after pagers and walkietalkies exploded across the country. They ....
Day the fed makes a long awaited move, slashing Interest Rates for the first time since 2020. Plus, the woman who may be the democrats best weapon in the fight for abortion rights. As the 11th Hour gets underway on this wednesday night. Good evening once again. I am Stephanie Ruhle and we are now just 48 days away from election day. Are you ready for this . That is less than seven weeks. You might have a Doctors Appointment scheduled after the election at this Point And Today americans got really good news about the economy. The fed decided to vote big with its first cut to Interest Rates since 2020. That means in the middle of an election where many ameri ....