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Transcripts For BBCNEWS Business Today 20240919

Jerome powell here in york, pennsylvania last year, some relief. Shes Been paying a higher rate on the Credit Card she uses to fund her Business. My Interest Rates have gone up, so my monthly payments have increased tremendously, so i would like to see the Interest Rates come Back down. Whenjerome powell visited this market, the Federal Reserve was watching closely to see if its Big Interest Rate hikes really were cooling inflation, even though it was tough and small Businesses. Thats a
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Transcripts For BBCNEWS BBC News 20240919

It images from the start. Was an audacious unprecedented it was an audacious unprecedented attack. All unprecedented attack. All across Lebanon On thousands of pages exploding at the same time. Many were on the street. Some like here some at supermarkets. Emergency services struggling to cope with the scale of the attack, thousands of hezbollah members suffering injuries in the same hezbollah members thousands of hezbollah members suffering injuries in the same instance. Israel has not instance. Israel has not commented but if you have any commented but if you have any doubts about its role. So how doubts about its role. So how was israel able to target was israel able to target hezbollah in this way. Hezbollah in this way. Hezbollah in this way. Hezbollah in this way. Hezbollah started using Pagers Hezbollah started using pagers and old technology after and old technology aft ....

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Transcripts For BBCNEWS Business Today - NYSE Opening Bell 20240919

Welcome to Business Today live from new york. Shares are inching higher on Wall Street ahead of the most closely watched meeting of the Us Federal Reserve in years. In just underfive federal reserve in years. In just under five hours time the fed is expected to finally start cutting the cost of borrowing from its two decade high. But how deep are the first could be and with concerns in some quarters about a rapidly weakening us economy, has the fed left it too late . Let s get more from the chief fixed Income Strategist at janney montgomery scott. The big debate here, 25 or a 50 Basis Point Cut. What are you expecting . Basis point cut. What are you petting . Expecting . Its a close call. I think there exp ....

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Transcripts For BBCNEWS Business Today 20240918

That s about to change. Mr powell and his colleagues are set to interest rates. In york, the arrival of autumn marks a change. After raising interest rates 11 times, america s central bank is all but certain to unwind that, but how quickly they go down from here is still up for grabs. Perfectly like this on your porch, and then we price it less than picking up the pumpkins themselves. At this farm shop, the rebirth of the economy, as inflation falls closer to the fed s official target of 2%, is yet another moment of change. We want stability. Isn t that what everyone wants? that means security. Stability means you can t predict what your business will do, how your community will grow, all those things, and that means you are secure. Still, on the outskirts of town, the first rate cut since the pandemic may not fix america s housing market. Ben rutt is director of marketing at keystone custom homes. He tells me, despite the mortgage squeeze, house prices here have remained high. Economi ....

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Transcripts For BBCNEWS BBC News 20240918

Message to both israel and to other parties that they need to do everything they can to try to reach a diplomatic resolution. Hezbollah is an armed group backed by iran. And this explosion comes at a time of heightened tension between hezbollah and israel. We know the group had been advising its members to use pagers because of concerns israel could tamper with or access mobile phones. Here s more on today s events from paul adams. And a warning that it starts with some upsetting images. This was a devastating attack. . . . . In supermarkets, on the street, in cars, at home and even in barbershops. Thousands of hezbollah members simultaneously injured by exploding pagers. Incidents reported from all over lebanon, from beirut to the bekaa valley, and even in neighbouring syria. Hospitals suddenly inundated. Each explosion may have been small, but men lost fingers and eyes. Some had gaping wounds to their hips where the pagers were worn. Nine people are believed to have died, including o ....

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