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clean up the aviation industry? we get airborne to find out. we start in the us where the central bank has raised the cost of borrowing to its highest level in m years as it tries to rein in soaring prices. the federal reserve hiked its benchmark rate by three quarters of a percentage point to a range of between 3% and 3.75%. the feds chair, jerome powell, warned there were more rises to come, but said there is no painless way to get inflation under control. households and businesses here in the uk are also braced for more expensive borrowing with the bank of england widely expected to announce a hefty rate rise in the next few hours. more on that in a moment. first, let s hearfrom our us business correspondent michelle fleury in new york. the message from the federal reserve unmistakable, we are here to fight inflation, this is the first time us central bank has raised interest rates and smudged in response to prices rising at the fastest pace for four decades, pr ....
We will have the latest, but first, lets check in on the markets with mark barton. Mark e. U. Go. Look at the right hand side of the chart. Look at the map. Tories 315. 326 is the number they need. They are not going to get that number. This is not a brexit type of exit. European stocks are rising. Ftse is gaining because of the weak pound. Biggest decline since june 27. Sterling two day chart. That is when the exit polls came out at 10 p. M. Last night. Wed be down as much as 2. 5 . Vote, the expectations were if we got a Hung Parliament, sterling could fall as much as 1. 20. The median forecast. The 10 before the Vote Deutsche Bank set if we get a labour victory, the 10 year goes up. If we get a tory, small majority we go down to 90 basis points. Fascinating times, but its ver y much a localized Market Reaction. ....
A rooted commitment to imperialism that began in europe. He serves as the founder of the federal congress project in George Washington university. This runs about one hour. Id like to get things started. A little after high noon. I am the chief historian at the u. S. Capital historical society. Welcome to everyone making it today. I feel a bit of a fraud introducing our guest speaker because i cant imagine anyone a member of who is the society that does not know ken bowling already. For untold years he has been a editor at the multimodel congress relating to the history of the First Congress to meet under the constitution. In addition to welcoming all of you, i would like to acknowledge peter, who is your next wednesday to tell us about how artists interpret history for the canvas. Hopefully we will see many of you, if not all of you next wednesday. Kenneths cannot talk to ....
For untold years he has been a editor at the multimodel congress relating to the history of the First Congress to meet under the constitution. In addition to welcoming all of you, i would like to acknowledge peter, who is your next wednesday to tell us about how artists interpret history for the canvas. Hopefully we will see many of you, if not all of you next wednesday. Kenneth will talk to us about the vision of the west as a motivator in the American Revolution. The expanded concept of revolution through the hamiltonian revolution into the early congresses. It is an invitation to think of the west not just as a place where people could invest certificates after the war make quick money. But as a way of giving scope to the aspirations of the American Revolution. Not a turning away from, but turning towards so ....
Boehner, speaker of the house of representatives. The speaker pro tempore the prayer will be offered by the guest chaplain, reverend john fort elvin, diocese of worth, texas. The chaplain lord god, as citizens of this great land, we mark today the 50th anniversary of the tragic death of the 35th president of the United States, president john f. Kennedy. In commemorating such a one whose life and presidency were to sow , we do so not in tears, as the psalmist says, but rather to reap with shouts of joy. Help us, lord god, to make the late president s inaugural visit our own, so that together, as fellow americans, we may ask not what our country can do for us, but rather, what we can do for our country. And so, sacrificing ourselves for the sake of others helps help us go forth to lead the land we love, asking your blessing and your help in knowing that here on earth, your work, o god, must truly be our own. N your name we pray, amen ....