Duel Mandate News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Good to be with you. Im katy tur. This is a monumental day, the Federal Reserve cut Interest Rates for the first time in four years. This was an aggressive 50 Basis Point Cut or half a Percentage Point that will move markets and Mortgage Rates. It might also move the tide of the election. Federal Reserve Chairman Jerome Powell followed the announcement with a speech of his own, appearing to signal more aggressive cuts to come, indicating that inflation is finally under control, all of this, just 48 days before the president ial election. Big day. Joining us now, nbc News Business and data repo...

Critical job in making sure that the elevated praises don't become entrenched rest with the federal reserve, which has a duel mandate. full employment and stable prices. the federal reserve provided extraordinary support during the crisis for the previous 1 1/2 years. given the strength of our economy and the pace of recent price increases, it's appropriate as the federal chairman, chairman powell, the fed chairman powell has indicated to recalibrate the support that is now necessary. i respect the fed's independence. i've nominated five superb people to superintendent on the board of governor...

Going to get it under control in 2022. he needs to turn around, he's in a nose dive. he said he's just going keep diving. not good for america. >> sandra: not only that, he said the problem with inflation is in the lap of the fed. watch this. >> critical job of making sure that the elevated prices don't become entrenched rest with the federal reserve. they have a duel mandate. full employment and stable prices. >> martha: who else can he blame? this is an urgent matter to get energy and food prices down. >> it's urgent and he's not treating it as urgent. that's the problem. people want to know...

Handle on it. the conversations in thanksgiving will show how much more expensive the dinner was this year and how storms are having to limiting purchases and how much gas cost. the inflation the democrats have unleashed the large and growing larger. this bill by spending trillions and encouraging people not to work is only going to make it worse. >> we just saw the president boarding marine one. he didn't take any questions on his way to a thanksgiving event at fort bragg, north carolina. charles? >> charles: thanks, peter. so with prices spikes, should jerome powell focus on inflation? ann b...

Time to mix it up on some of the headlines this afternoon. including making a federal case out of financial reform trying to keep junk food out of our schools. can it be done? and a shocking game show raising all sorts of eyebrows. would you be willing to electrocute someone you didn't know? i am suspecting you would say absolutely not. we'll get to that. congressional testimony from fed chair ben bernanke. to try to fight back against senate attempts to strip the federal reserve of its authority to supervise smaller banks. he argues that the fed should keep that power because it helps inset...