In cutting the cost of borrowing for the first time in overfour years. The Federal Reserve have dropped the main Interest Rate in the worlds biggest economy by half a percentage point, bringing it down to between 4. 75 and 5 . A drop larger than many expected, with some wondering now if this reflects the scale of the problems facing the american economy or the success in getting the pace of price rises, inflation, close to the banks targets. The governor of the fed, Jerome Powell says the us economy is in good shape and they intend to keep it that way. 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 h
She received numerous prizes and accolades uprooting a Lifetime Achievement award at the Cannes Film Festival in twenty eleven the director spent the last years of his life in a wheelchair after unsuccessful heart surgery now one of the last giants of italian cinema has passed away. And are up to date with the. Top of the hour with more world news followed by the day. In. Germany state by state. The most colorful. The liveliest. The most traditional. Find it all at any time. Check in with a web special. Take a Tour Of Germany State By state. On g. W. Dot com. This is how germanys roads look these days too much traffic Exhaust Fumes and Noise Conventional Auto Mobility is reaching its limits. Electric cars are meant to be part of the solution quiet and supposedly clean but how are the Raw Materials for their rechargeable batteries obtained. Take lithium for instance. Sit on the young men eons and millions of euros but they sacrifice human life if they sacrifice animals physically they s