You a free book to answer questions you may have call now and well come to you 800 a31, 37 Hundred go . One hour from now, it is expected to announce its first Rate Cut in four years. Its a move that could seriously helped the economy and jobs just weeks before election they and behind bars and fighting to be released on bail. Sean Diddy Combs will be back in court today, appealing a Judges Decision to hold him in custody as jail where he could await trial is known for poor conditions and new explosions across lebanon. This time the target is Walkie Talkies as we learn more about israels complex operation to detonate pagers, Injuring Thousands of people. Were following these major developing stories and many more all coming in right here. The Cnn News central federal reserve is on the brink of doing something that it hasnt done for years, and that is cutting Interest Rates. Thats an announcement that were expecting here. Just in now about an hour from now. The Big Question is how low a
12 months. This smoking hot red high its omaha steaks, redhot sale event. Save on everything including are usdacertified tender, fully mignon burgers free order. Now, at omaha steak. Com Slash Tv and Radio Eat im Natasha Bertrand at the pentagon. And this is cnn this is cnn Breaking News we do have Breaking News just into cnn, the Federal Reserve making its announcement on Interest Rate cuts. Lets take you straight to the Federal Reserve in cnns matt egan. Matt, what does the fed say . The fed just delivered its first Interest Rate cut since covid and it is a big one, half a Percentage Point, this is a major milestone for the economy and it does signal greater help on the way for borrowers who are struggling with painfully i Interest Rates on stuff like credit cards, and Mortgage Loans to Small Business loans. So why did the fed end up deciding to go big instead of a more gradual Interest Rate cut well, theres two reasons when you go through the statement some of this is encouraging so