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Transcripts For BBCNEWS Business Today 20241003

Im nowjoined by our North America Business correspondent ritika gupta. What is it that markets make of what they are saying . They are nervous because they dont know whats going to happen next. Yes. The mood of nervousness. Little change now but losses off the back of those Middle East tensions. There is a dent to risk appetite. Markets dont like Uncertainty And Risk now is can this respondent is this going to blow into wider war. One of the sectors that is bucking the trend and going higher Todays Energy stocks and that is off the back of oil as you mentioned. It was up as much as 3 today and continuing again from yesterday over Supply Disruption concerns. Yesterday we saw some of those Safe Haven assets like gold, we are seeing some of Varese Today but i still think overall there is this wait and see mode and a very risk of town. Is this Waitandsee Mode and a very ri ....

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Transcripts For BBCNEWS Business Today 20240920

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 ....

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Transcripts For BBCNEWS Business Today 20240920

Bumper cut the Federal Reserve slashes the cost of borrowing by half a Percentage Point. We take a look at what this says about the us economy. And the Bank Of England are minutes away from telling us whether theyre cutting rates or not. Markets think theyre staying where they are. Welcome to business today. We start in the us, and a big move by the Central Bank 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 the ....

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Transcripts For BBCNEWS BBC News 20240920

Stop it is a new situation. The stop it is a new situation. The Champions League is the best the Champions League is the best competition in the world so everyone i think is ready, wants so everyone i think is ready, wants to so everyone i think is ready, wants to play, and hopefully it goes wants to play, and hopefully it goes in wants to play, and hopefully it goes in the right direction. Last years Europa League Runners Up Bayer Leverkusen Kick off their Champions League campiagn away at feyenord. After going unbeaten in the bundesliga last season, xavi Alonsos Side have already lost a game this Season But Alonso is relishing being back amongst europes elite. Champions league, it is really special, it is the big one, it is the one that everyone wants to play, and im really delighted we are back in this competition. We have a great, challenging season ahead of us and it is starting here ....

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