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 for the country to recognise this process because we dont, the progress we made will remain locked in the fear of negative mindset dominating our economic outlook since the pandemic began. Fed officials have made it clear that this cut was only the beginning and investors seem to have liked what they heard. For more, lets get
i will end up rambling on, the let me give you the headline view. the first thing is to have a chief of staff in number ten who does the organisational, structural role. if you think about how precious every minute is of the prime minister s time, and we accept it is finite, how you organise that time authoritatively. ten times as many people want to see the prime minister or one that part of his or her time than is physically possible, and that is really important role. want that part of his or her under borisjohnson, i thought he was in there as a sort of eminence agrees, a wise pair of hands. in terms of dominic cummings, thatis hands. in terms of dominic cummings, that is not why he was there, whatever the title. eminence grise. he was there to drive forward delivery, and was certainly well disposed and well suited to this, trying amidst the daily hustle and bustle of events brought up by the media, whatever was the issue of the day, take a hard step back and try to
confirmation that israel has actually got the hostages yet, but the choreography well under way. let us talk to our correspondent there. we just heard helicopters flying near the air base, we are not sure if they are the ones who are going to take the hostages back to israel, but there is a great sense of anticipation here in this air base, we have been waiting for any news about the hostages coming, it was believed before that they were coming by helicopter, through the rafah crossing, and then we were told they were coming by bus from border crossing, between israel and gaza. once they arrive here, they will be looked after being a huge operation that was organised by the israeli army, they said they have made everything possible to make this first delivery, or this first batch of hostages, the delivery, to go as good as possible, because there is a great pressure within israel, the families have been desperate to see any, to hear any good news about their loved ones, and a