The fed raises Interest Rates and says it will start unwinding its 4. 5 trillion stimulus programme. But is the us economy really Out Of The Woods . Plus roam if you want to. The eu scraps extra mobile charges for travellers from today after a decade long battle. But will users end up footing the bill anyway . Welcome to World Business report. Im sally bundock. Also coming up the end of an era forjapan inc. Toshibas set to sell off its Chip Division as it battles for survival. We start in the us where the central bank, the Federal Reserve, has raised the cost of borrowing, as was widely expected. Its the second increase in three months, and comes despite some fairly mixed data on the health of the us economy. Lets show you the details. The fed has raised its main Interest Rate by 0. 25 . That takes its target range to between 1 1. 25 the highest it has been since before the 2008 financial crisis. And its set to go higher the fed is forecasting one more increase this year. It also annou
2020 candidate. We expect President Trump will address the impeachment inquiry and the memo of his july phone call with the president of ukraine. Thank you for watching. Deadline white house with Nicolle Wallace begins right now. Hi, everyone. Its 4 00 in new york where we are moments away from the first president ial press Conference Since House Speaker Nancy Pelosis announcement that she would begin Impeachment Proceedings into donald trump. And, donald trump, if youre listening, everything you say may be used against you in the court of public opinion. Donald trump manifesting his own destiny in terms of the Impeachment Proceedings now underway in congress by attempting to run a political Hit Job Operation on joe biden and his son by asking a foreign leader to investigate them. The white house revealing in notes today from the president s call with the president of ukraine that trump pushed the leader of a foreign country to work with his personal attorney
Rudy Giuliani and his a. G
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