clean up the aviation industry? we get airborne to find out. we start in the us where the central bank has raised the cost of borrowing to its highest level in m years as it tries to rein in soaring prices. the federal reserve hiked its benchmark rate by three quarters of a percentage point to a range of between 3% and 3.75%. the feds chair, jerome powell, warned there were more rises to come, but said there is no painless way to get inflation under control. households and businesses here in the uk are also braced for more expensive borrowing with the bank of england widely expected to announce a hefty rate rise in the next few hours. more on that in a moment. first, let s hearfrom our us business correspondent michelle fleury in new york. the message from the federal reserve unmistakable, we are here to fight inflation, this is the first time us central bank has raised interest rates and smudged in response to prices rising at the fastest pace for four decades, prices r
accountable. new york times with this, quote within hours of a jury finding mr. trump guilty last week, the anger conyield into demands for action. since then, the prominent gop leaders have demanded they use every instrument of power again democrats, included targeted investigations and prosecutors. here step miller puts it is every house committee controlled by republicans? in every way, it needs to right now with every republican d.a. to start is every donor off the sidelines and in the game, the rich guys, the wealthy guys? everything facet of republican party politics and power has to be used right-to-now to go toe to toe with marxism and beat these why do you have to talk to jesse waters that way? maybe he knows. i don t know. echoes miller s tirade, trump s comrades in arms in the january 6th bannon said in a text message to the times on tuesday that now is the moment for obscure republican prosecutors around the country to make a name for themselves by pro
Few days late due to post office delays, but clearly voted before election day. the law says you can count them. there s other lawsuits in other states that says you could count them. if you re in virginia in 2022, 13,000 came in after the election day. those too could be not counted. it s clearly ongoing. the success is kind of that was based on what we node, to protect and the systems that aren t necessarily set up to do that, right? there are post offices that are smudged, and they become a different bucket of ballots. are those going to be counted? do they even get challenged in a
More on that in a moment. first, let s hearfrom our us business correspondent michelle fleury in new york. the message from the federal reserve unmistakable, we are here to fight inflation, this is the first time us central bank has raised interest rates and smudged in response to prices rising at the fastest pace for four decades, prices rising at the fastest pace forfour decades, move comes despite wanting the cost of controlling inflation could be a harsh economic downturn. the federal reserve chairman acknowledging the risk but defended the move of the bank is necessary to take inflation. tape inflation. if we want to set ourselves up and like the way to another period of strong labour market we have got to get inflation behind us, i wish there were a painless way to do that, there isn t. that, there isn t. central bankers that, there isn t. central bankers in that, there isn t. central bankers in every - that, there isn t. central bankers in every country that, there isn t. c