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BBCNEWS Business Today September 20, 2024

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 ov ....

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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 BBC News September 20, 2024

In four years. Hello. In the last hour, lebanon has banned Walkie Talkies and pagers from all flights out of the countrys only commercial airport in operation. The move comes after explosions were triggered in pagers and Walkie Talkies used by hezbollah. The attacks killed at least 32 people and injured thousands. Israel hasnt confirmed it was behind the blasts, but its Defence Minister Yoav gallant has said its opening a new phase in the war. The us says its involved in intensive diplomatic efforts to prevent the conflict escalating further. The leader of hezbollah, which some western states have designated a terrorist organisation, is expected to address the events in a speech later today. Simonjones reports. A funeral in Southern Lebanon is about to be in ....

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BBCNEWS BBC News Now September 20, 2024

Moment, we have that figure from the Bank Of England, some Breaking News here and Bbc News which is that the Bank Of England has held Uk Interest rates at 5 . So this is the figure from the Bank Of England holding Interest Rates at 5 . That was the expectation from analysts and economists. This followed on from the latest Inflation Figures, uk wide Inflation Figures, uk wide Inflation Figures, uk wide Inflation Figures which show that inflation had held at 2. 2 . But bringing our Cost Of Living corresponded. What is your reaction to these latest figures . It your reaction to these latest fi. Ures . your reaction to these latest fiaures .. i, figures . It is analysts exnected figures . It is analysts expected that figures . It is analysts expected that the figures . It is analysts i expected that the Bank Figures . It is analysts expected that the Bank Of England has held that rate at 5 . So not followed what we saw in august and e ....

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BBCNEWS Verified Live September 20, 2024

Using sabotaged pagers and Walkie Talkies a campaign widely believed to have been carried about by israels spy agency, mossad. 12 people were killed and nearly 3,000 injured On Tuesday. Yesterday, 25 people were killed and 600 people injured in a second wave of blasts. Hezbollah, which is backed by iran and is proscribed as a terrorist group, by the us and uk and western governments, has promised to retaliate. Fears of an all out warare mounting, israel announced yesterday that they have moved to a new phase in the war, the stakes could not be much higher. 0n todays programme, well hear exactly how the Hezbollah Leader responds. 0ur Teams in the Bbc Newsroom are monitoring that. 0ur Speciali ....

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