Change Interest Rates from five percent. The decision, expected at midday, comes after inflation, showing the rise in consumer prices, remained at 2. 2 Per Cent last month. The Central Bank in the united states lowered Interest Rates by half a Percentage Point Yesterday the first cut for more than four years. Lets speak to our Business Correspondent peter ruddick. What is the expectation with the Bank Of England . I knew you will ask me that. I am not a betting man but the one thing we can predict is it is going to be a close decision. The last time the nine Person Committee voted five to four, as close as you can get to cut Interest Rates last time to the 5 level they are now, a quarter of a Percentage Point change. Why will it be so although there is disagreement really among the committee and economic experts about how sticky, how stubborn Inflation Price rises are, there is agreement that the trend is Price Rises and the rate of inflation is coming down but relatively slowly, relat
Efforts to keep people safe. And from the big screen to your living room. A Hollywood Studio plans to stream all its new movies at the same time as they are in theaters. What it means for the future of entertainment. Thinking outside the box. First, heres todays eye opener. Its your world in 90 seconds. We as a country are in a very, very difficult, if not crisis, situation when it comes to the explosion of cases. New concerns over vaccine distribution. Pfizer slashed its vaccine rollout target in half. In washington, nancy pelosi and Mitch Mcconnell holding talks about reaching a covid relief bill before christmas. Im going to have to ask for more. Right when you get there. When we get there. President trump has not ruled out firing attorney general bill brr. You still have confidence in bill barr . Ask me that in a number of weeks from now. A wildfire continues to grow out of control in california. Forcing thousands of people to evacuate. We had to depend upon neighbors to come and g
Country first and think beyond your own ego and your own interests and your own disappointments. The president vows to keep up his legal battle despite losing case after case in court and the Administration Blocks joe bidens team from crucial covid information. This after a weekend where thousands of Trump Supporters flooded the streets of the capital and clashed with counterprotesters. Hurricane threat. Overnight, iota gaining strength. The category 4 storm taking aim at hardhit Central America and the severe storms tearing through the midwest and the northeast. Dangerous winds whipping through this nfl game in cleveland and tearing down buildings. Were tracking the latest on hundreds of thousands waking up without power in the u. S. This morning. Abc news exclusive. Oneonone with michael j. Fox opening up about the Health Crisis that threatened to leave him paralyzed and his darkest moment that led him to question everything. Of all things that was the thing that really set me off. T
Administration. President trump still refusing to concede but suffering more devastating defeats in court over the weekend, admonished by a judge he appointed, and the lifelong republican who ran Election Security for his administration now calling his claims of a rigged election farcical. Also, president elect biden suffering a fracture in his foot. How it happened. Major storm on the move. The big travel alert as millions head home after thanksgiving. Plus, the tornado threat from North Carolina to new jersey. Ginger is tracking the latest, and where you might see snow soon. Hanging on. A missing boater finally found clinging to life. The latest on the amazing rescue this morning. Fiery escape. The formula one driver walking away from this explosive crash. Slamming into a metal barrier. His car splitting in two. What he says saved his life. And game over . The socalled grinch bots stealing christmas, buying up some of the hottest items of the year and selling them at nearly double th
Welcome back. Taking a look at the races in congress now. Abc news is showing republicans hanging onto a threeseat advantage with a number of contests still up for grabs as democrats look to take control of the chamber. One seat not changing hands is maine republican susan collins, who survived a major challenge from democrat sara gideon. Collins holds on for a fifth term, winning by seven percentage points. In the house, republicans have a net gain of five seats so far. Democrats are trying to maintain their advantage in that chamber. More than a dozen races are considered tossups. This election brought a number of firsts for the lgbtq plus community. Delawares Sarah Mcbride is the first openly transgender state senator in the country. Tennessee now has its first openly lgbtq lawmakers with tori harris and eddie manus winning their races. Taylor small is vermonts first openly transgender legislator. One race that was a landslide victory took place in the Northern Kentucky hamlet of ra