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We have continuing coverage of the story on bbc news. Countdown serve the fed, the us Central Bank is expected to cut Interest Rates in the next couple of hours. The question is by how much. Also ahead, Uk Inflation hold steady in august but as the Bank Of England finally slaying the dragon . And The Party is over for tupperware as the 78 year old firm filed for bankruptcy. We lift the lid on what went wrong. Welcome to business today. We start in the us where the federal reserve is poised to cut the cost of borrowing for the first time in four years. That decision comes in less that three hours. It will come at two oclock eastern time. Americas Central Bank cranked up Interest Rates for the highest in two decades to get soaring inflation under control. Lets take you live to New York and talk to our North America Business corr ....
jon stewart sounding off on senate republicans after they blocked a bipartisan bill aimed at expanding health benefits to veterans exposed to toxins in war zones. the question is, why did 25 republicans who supported a previous version of the bill change their vote to know? stuart, an outspoken advocate for military veterans will join us later this morning. we are following new developments with the january 6th committee. top aides to former president donald trump testifying between closed doors, including one official who resigned the day of the attack. we will tell you who that is. and more text messages from the time of the attack disappear. first from the secret service, now the washington post reporting texts between members of trumps homeland security team are missing as well. good morning, welcome to morning joe. we have the host of way too early and the author of the big lie , jonathan lemaire. gentlemen, good morning. let s start with the texts that have be ....
The president could do that so far he hasn t done relative to the size of the inflation but they are small relative to the size of the inflation problem. we have a very significant inflation hold, if you will. but every little bit of digging out is helpful, and we should continue to try to dig ourselves out. every little bit we can dig ourselves out by policies like these takes some pressure off the fed. means interest rates don t have to go up quite as much. but i don t want to hold out false hope that you are going to suddenly see a meaningful drop in inflation simply because they pass this reconciliation bill. excellent explanation of everything going on right now. steve is being humble. he was actually the technical coordinator on top gun: maverick, and wisely cut himself in on the back end of that one $.2 billion film. steve rattner can drop a dime on an aircraft carrier any day of the week. great to see you, steve. thanks so much. ....