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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 than many expected, with some wondering now if this reflects the scale of the problems facing the american economy or the success in getting the pace of price rises, inflation, close to the banks targets. The governor of the fed, Jerome Powell says the us economy is in good shape and they intend to keep it that way. Our North America Business correspondent Ritika Gupta has the details. The Federal Reserve has delivered a super sized Interest Rate cut aimed at bolstering the us Labour Market. The 0. 5 percentage cut, the first in over four years, brings its key Interest Rate, the federal funds rate, down to between 4. 75 and 5 . It comes amid Signs Inflation in america is continuing to fall, while the Job Market remains strong, even as unemployment h ....
News network close captioning is brought to you by skechers, Handsfree Slip in we talk on the phone handsfree. Go hands free to turn on our lights and now theres Handsfree Footwear revolutionary sketcher slip. You just slip in in their own, right . Sketches slip is whos the Laws Leader hinting at retaliation . After backtoback attacks across lebanon, targeting wireless devices he says the deadly explosions crossed a Red Line as tensions escalate across the region. With israel making new moves. And House Speaker Mike Johnson says he has to draw up another play after the Gops Government Funding plan failed to pass, but it doesnt even look like hes the one writing the playbook why former President Trumps obsession with Election Fraud, falsehoods could lead to a shutdown and a promising new trend in the fight against fatal Drug Overdoses. The number of deaths actually falling fast and hitting their lowest levels in three years will look at what is behind the drop. We are following these ma ....
Claims of haitian migrants eating pets in springfield, ohio. He now says that Hell Visit the town, quote, into weeks. But that is a special kind of Fortnight Promise that he has a Track Record of breaking and will take look plus the latest on the investigation into the sinking of the Titan Submersible, new video from the u. S. Coast guard shows its wreckage at the bottom of the ocean. Were following these major developing stories and many more all coming in right here to Cnn News central days until November 5 Election Day and new polling out today points to an overarching theme the race for the White House will likely be one of the tightest contest in modern American History with Harris And Trump deadlocked across several Battleground States. And pennsylvania, the state that could determine the election. A new Cnn Poll of polls shows the two candidates in a dead Heat Race with no clear leader lets turn now to cnn senior Data Reporter Harry enten for a deeper dive on all of this. Harry, ....
Dogs, all because of due to these unfounded threats and hoaxes that have marred our existence really for going on a week now and later, the fight for ivf escalates. Gop senators, again blocking a bill to guarantee access to the treatment nationwide coming up, be joined by a republican congressman who says ivf is critically gordon good morning. You are live in the cnn newsroom. Im Jim Acosta in washington the 2024 race for the White House today, Vice President Kamala Harris is appealing to both latino and younger voters with two events today, later for residents Donald Trump is heading to New York to rally his base. Meanwhile, a staunch Trump Ally is sharpening her attacks against Kamala Harris. This time, it is very personal. Here is arkansas governor and former white House Press Secretary, Sarah Huckabee Sanders, just last night my kids keep me humble unfortunately, Kamala Harris doesnt have anything keeping her humble. You would think after four years of straight failure, she would k ....
You a free book to answer questions you may have call now and well come to you 800 a31, 37 Hundred go . One hour from now, it is expected to announce its first Rate Cut in four years. Its a move that could seriously helped the economy and jobs just weeks before election they and behind bars and fighting to be released on bail. Sean Diddy Combs will be back in court today, appealing a Judges Decision to hold him in custody as jail where he could await trial is known for poor conditions and new explosions across lebanon. This time the target is Walkie Talkies as we learn more about israels complex operation to detonate pagers, Injuring Thousands of people. Were following these major developing stories and many more all coming in right here. The Cnn News central federal reserve is on the brink of doing something that it hasnt done for years, and that is cutting Interest Rates. Thats an announcement that were expecting here. Just in now about an hour from now. The Big Question is how low a ....