Good to be with you. Im katy tur. This is a monumental day, the Federal Reserve cut Interest Rates for the first time in four years. This was an aggressive 50 Basis Point Cut or half a Percentage Point that will move markets and Mortgage Rates. It might also move the tide of the election. Federal Reserve Chairman Jerome Powell followed the announcement with a speech of his own, appearing to signal more aggressive cuts to come, indicating that inflation is finally under control, all of this, just 48 days before the president ial election. Big day. Joining us now, nbc News Business and data reporter, brian cheung, national Affairs Correspondent with the nation John Nichols, and director of polling at the Harvard Kennedy Institute of politics and msnbc political contributor, John Della volpe. Nbc Business Correspondent Christine romans will be here in just a second. Brian, i shall begin with you, explain what We Saw, and also tell me what he said in his news conference. Yeah, and its stil
Not. We are glad to see you back. I am a covid magnet. I was on my fourth covid. Everyone is leaving the studio. Come back, i am good. I am negative. The most he will ever be. Correct, for the next three or four months. I watch my show an office in the morning the tv went on and i had myself a bit of a nap. We are getting going. You know what i am saying . We are going to roll. Is bringing the covid energy this morning. It is good to see you back at work. Velshi starts now. With 52 days left to go into Election Day one debate in the books. Kamala harris is touting her bid as, quote, a new way forward. While Donald Trump is starting to sound like a broken record. In the days since the debates, the democratic nominee has returned to the Campaign Trail and shifted her focus back to the Swing States that could be key to her victory in november. Yesterday harris returned to the allimportant State Of Pennsylvania where she held rallies and a pair of counties that Donald Trump won in 2016 and