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Bumper cut the Federal Reserve slashes the cost of borrowing by half a Percentage Point. We take a look at what this says about the us economy. And the Bank Of England are minutes away from telling us whether theyre cutting rates or not. Markets think theyre staying where they are. Welcome to business today. We start in the us, and a big move by the Central Bank 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 ....
I m ritika gupta. Welcome to business today, live from New York, us shares have made a strong start this thursday as investors wrap their heads around Thatjumbo Half Percent cut in Interest Rates from the Federal Reserve and later comments from chairjerome powell. Was it a Panic Measure in response to a sharp slowdown in the economy . Traders remember similar moves just before the Dotcom Crash the Global Financial Crisis and the pandemic. Well, in his Press Conference Mr powell was keen to dispel any such negative thoughts. The us ec ....
Champions league and we start this competition and the Champions League is the best competition in the world. Everyone i think is ready, wants to play, and hopefully it goes on the right direction. Goes on the right direction. Arsenal Winger Bukayo ArsenalWinger Bukayo Saka is available to saka is available to play in their Champions League play in their Champions League opener at atalanta. Opener at atalanta. Saka was taken off in saka was taken off in sundays north London Derby win sundays north London Derby win at tottenham with Arsena ....