the reaction in asia so far has been mixed. 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 over four years, brings its key interest rate, the federal funds rate, down to between 4. 75 and 5%. It comes amid signs inflation in america is continuing to fall, while the job market remains strong, even as unemployment has risen this year. The labour market is actually in solid condition and our intention with our policy move today is to keep it there. You can say that about the whole economy. The us economy is in good shape, it s growing at a solid pace, inflation is coming down. The labour market is in a strong pace. We want to keep it there. In addition, the committee setting rates released its latest forecast which showed policymakers expecting to cut rates by a further 0. 5%. That would us interest rates below 4. 5% b
Top of the virus. Assuming it is joe biden who takes office in january, whats he going to do . So far thanks to a very protective press corps, mr. Biden hasnt faced too much tough questioning. Take these examples from at the launch of his economic plan this week. What do you see as the biggest threat to your transition right now given president trumps unprecedented attempt to obstruct and delay a smooth transfer of power . I want to get your thoughts on the president s tweet. How did you interpret that, and at the end of the day, do you want him to concede . What is your message to people who are considering, for example, getting together with their families and others for thanksgiving . Would you consider would you urge people to reconsider their plans . Gerry not exactly an interrogation chamber. Anyway, his first task would obviously be balancing the needs of the economy with the demands of public health. Hes been critical of president trumps handing, but not always completely clear
Assuming it is joe biden who takes office in january, whats he going to do . So far thanks to a very protective press corps, mr. Biden hasnt faced too much tough questioning. Take these examples from at the launch of his economic plan this week. What do you see as the biggest threat to your transition right now given president trumps unprecedented attempt to obstruct and delay a smooth transfer of power . I want to get your thoughts on the president s tweet. How did you interpret that, and at the end of the day, do you want him to concede . What is your message to people who are considering, for example, getting together with their families and others for thanksgiving . Would you consider would you urge people to reconsider their plans . Gerry not exactly an interrogation chamber. Anyway, his first task would obviously be balancing the needs of the economy with the demands of public health. Hes been critical of president trumps handing, but not always completely clear what exactly he w
Top of the virus. Assuming it is joe biden who takes office in january, whats he going to do . So far thanks to a very protective press corps, mr. Biden hasnt faced too much tough questioning. Take these examples from at the launch of his economic plan this week. What do you see as the biggest threat to your transition right now given president trumps unprecedented attempt to obstruct and delay a smooth transfer of power . I want to get your thoughts on the president s tweet. How did you interpret that, and at the end of the day, do you want him to concede . What is your message to people who are considering, for example, getting together with their families and others for thanksgiving . Would you consider would you urge people to reconsider their plans . Gerry not exactly an interrogation chamber. Anyway, his first task would obviously be balancing the needs of the economy with the demands of public health. Hes been critical of president trumps handing, but not always completely clear
Top of the virus. Assuming it is joe biden who takes office in january, whats he going to do . So far thanks to a very protective press corps, mr. Biden hasnt faced too much tough questioning. Take these examples from at the launch of his economic plan this week. What do you see as the biggest threat to your transition right now given president trumps unprecedented attempt to obstruct and delay a smooth transfer of power . I want to get your thoughts on the president s tweet. How did you interpret that, and at the end of the day, do you want him to concede . What is your message to people who are considering, for example, getting together with their families and others for thanksgiving . Would you consider would you urge people to reconsider their plans . Gerry not exactly an interrogation chamber. Anyway, his first task would obviously be balancing the needs of the economy with the demands of public health. Hes been critical of president trumps handing, but not always completely clear