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BBCNEWS BBC News September 20, 2024

Whether to cut Interest Rates from five percent. Hello, im martine croxall. We begin with the latest in the Middle East, following two days of explosions in lebanon. The united states says its involved in intensive diplomatic efforts to prevent the conflict between Israel And Hezbollah escalating further. The comments come after explosions triggered in pagers and Walkie Talkies used by hezbollah killed at least 32 people and injured thousands. The leader of hezbollah, which some western states have designated a terrorist organisation, is expected to address the events in a speech later today. Israel hasnt confirmed it was behind the blasts, yet the Defence Minister Yoav gallant has said its opening a new phase in the war, with the centre of gravity shifting to ....

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BBCNEWS Business Today September 20, 2024

Bumper cut the Federal Reserve slashes the cost of borrowing by half a Percentage Point. We take a look at what this says about the us economy. And the Bank Of England are minutes away from telling us whether theyre cutting rates or not. Markets think theyre staying where they are. Welcome to business today. We start in the us, and a big move by the Central Bank 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 the ....

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BBCNEWS BBC News September 20, 2024

In four years. The bbc has been told that Sir Keir Starmer s Chief Of Staff received a Pay Rise after the election which means she is now paid more than the Prime Minister. Sue gray asked for and was given a salary of 170,000 3,000 more than the pm and more than any cabinet minister. 0ur political correspondent, henry zeffman, has more. I knew that there were tensions at the top of government and this Storys Existence in some way from Chris Mason and me attests to those, but my phone has practically blown up in the hours since we published this story yesterday, with people across Whitehall And Westminster who are furious at Sue Gray, keir starmer s Chief Of Staff. And let me explain why. It is not nece ....

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BBCNEWS Business Today - NYSE Opening Bell September 20, 2024

I m ritika gupta. Welcome to business today, live from New York, us shares have made a strong start this thursday as investors wrap their heads around Thatjumbo Half Percent cut in Interest Rates from the Federal Reserve and later comments from chairjerome powell. Was it a Panic Measure in response to a sharp slowdown in the economy . Traders remember similar moves just before the Dotcom Crash the Global Financial Crisis and the pandemic. Well, in his Press Conference Mr powell was keen to dispel any such negative thoughts. The us economy is in a good place and our Decision Today is designed to keep it there. More specifically the economy is growing at a solid pace. Inflation is coming down closer to our 2 objective over time and the Labour Market is still in solid shape. Our intention is really to maintain the strength that we currently see in the us economy. Lets bring ....

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BBCNEWS Breakfast September 20, 2024

The cost of Borrowing TodAy And follow the us CentrAl BAnk . Most economists think not ill explAin why. Its chAmpAgne, ChAmpions LeAgue FootbAll from celtic, As they score five goAls for their biggest win in the competition to stArt their cAmpAign. The mAnAger declAres it AbSolutely sensAtionAl. We Are live this morning At Knowsley SAfAri we Are live this morning At Knowsley SAfAri with we Are live this morning At Knowsley SAfAri with the world best exclusive. Meet sleeping AmArA. We Are going exclusive. Meet sleeping AmArA. We Are going to tell you About your teAm Are going to tell you About your teAm of Are going to tell you About your teAm of surgeons, he mAnAged to fix A broken teAm of surgeons, he mAnAged to fix A broken leg on this rhino. It mAy be on the grey side this morning for lots of you this morning thAt more sunshine to come. Will the fine September WeAther lAst . I will hAve the bAll becAuse here on its thursdAy, the 19th of september. The bbc hAs reveAled thAt the lAte ....

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