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Transcripts For CNN CNN News Central 20240919

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

Transcripts For BBCNEWS World Business Report 20170615

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

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