thank you very much, erin delmore there _ bitcoin.here for— bitcoin. thank you very much, erin delmore there for us _ bitcoin. thank you very much, erin delmore there for us in _ bitcoin. thank you very much, erin delmore there for us in new - bitcoin. thank you very much, erin delmore there for us in new york. i over in china, thousands of delegates are preparing to gather in beijing, as the annual parliamentary meeting begins on tuesday. china is facing a number of economic challenges and many are hoping the government will unveil some bold policies to help give the economy a much needed boost. here's our business reporter katie silver. when it comes to the economy, china's officials are in a difficult position. the country's post—pandemic economic recovery has been disappointing. youth unemployment is high. local governments are saddled with debt. oh, and people aren't having babies, raising questions about the future workforce. and let's not forget, that's all before that downturn in the real estate sector, which accounts for abou

in new york, erin delmore, bbc news.kman—fried told the bbc that he will be appealing the verdict. mr bankman—fried's parents said in a statement that they were "heartbroken" and will continue to fight for their son. justin d'anethan is a crypto expert from keyrock. he says the sentencing is welcome news for the industry. i think for the crypto community as whole, it feels like an appropriate sentence. i think many people would have rather have the prosecutors request of a0 years, just because of the number of projects, companies, and just retail investors that were impacted by his actions, but it is at least a lot better than what sbf�*s lawyer was asking, which was 6.5 years, which would have been ridiculous considering the seriousness of his crime. yes, and speaking of the retail investors, those that put a lot of money and faith into ftx and into bankman—fried himself, are they going to be getting their money back? there's something very important to understand. right now the claims for ftx assets that are locked in

our correspondent, erin delmore, is in new york. she is there for us live.k us through the announcement today. then, if you say the goal is 20% of us chip production to be the share of the world's chip production, think about where we are now, hovering around 12%, that was the last measure in 2020. when we hear about that 20% goal, that is something that has been articulated pointedly by the congo secretary, gino mondo, and this is the information we are getting from intel, her department, the chips act, representing a huge many billion—dollar investment in research of chips and development and manufacturing. what we're seeing today the announcement of a preliminary agreement with intel, the largest share of the chip act we have seen yet, up to $8.5 billion to go to new factories and expansion projects, specifically in four states, arizona, new mexico, oregon and ohio. the big goal is to reduce american chip—making and to make american chip—making and to make america the big global leader. yes. america the big global leader. yes, and that is the _ america th

in new york, erin delmore, bbc news.he north—east of the country. the bus was travelling from botswana to the limpopo province. the department for transport says the vehicle plunged off a bridge into a ravine after colliding with the crash barrier, and burst into flames when it hit the ground. an eight—year—old child was the sole survivor and has been taken to hospital with serious injuries. heidi giokos, a journalist based injohannesburg, has more now on what we know. it's unclear as to how the bus lost control, but what we know is that the bus was travelling from botswana to an area in limpopo known as moria. it's a easter church gathering that happens every single year and people from all over come through to this particular gathering. now, it seems as though, from what we saw on scene, is that the bus might have lost control. it hit the barrier and then it seems as though it crashed, hang onto the barrier and then crashed into the ravine. i think what's so tragic and horrific, having been on the scene, was the fact t

in new york, erin delmore, bbc news. legalise assisted dying if a bill introduced at holyrood is approved. under the proposals, a patient could only request medical assistance to end their life if they had an advanced, progressive, terminal illness, which had been diagnosed independently by two doctors. two doctors would also need to establish someone is mentally competent. the patient would have to be aged 16 or over and a resident of scotland for at least 12 months. they would also have to administer the life—ending medication themselves. our scotland editor, james cook, has been hearing arguments for and against the bill. august 2015, i was diagnosed with secondary breast cancer. and it was terminal, it had spread. mandy has been defying the odds for nearly a decade. she was just 26 when she was told she could be dead within two years. advances in cancer care have prolonged mandy's life, but concern about the end still keeps her awake at night. i spent a lot of time being anxious and worrying about dying a slow, horri

erin delmore, thank you from new york.e of those weeks where some of the world's most important central banks tell us their latest thinking on how much it should cost to borrow money. injust over three hours' time we're going to hear from the us federal reserve, the most influential of them all, as the impact will be felt notjust in the us, but by everyone else that borrows in us dollars. the cost of borrowing is set to stay at a range of 5.25%—5.5%, but what economists are watching is the signals that the chair, jerome powell, gives about the way ahead. that's where it is right now. inflation — the rate at which prices are rising — is at 3.2% after rising last month, and is proving rather stubborn to get back to the 2% target. and that's of course a challenge faced by other countries. in the uk we heard a few hours ago that inflation fell to 3.4%, the lowest in two and a half years, but also above a 2% target. and that comes ahead of the bank of england's interest rate decision on thursday. what could happen next? i've be

hello, iam hello, i am erin delmore. un peacekeeping mission in lebanon — unifil — says three of its observers and a translator were injured in an explosion near the israeli border on saturday. it says the peacekeepers were on a foot patrol when the blast happened and were taken to hospital. the un says it's investigating the cause of the explosion, and warned that targeting observers is "unacceptable." israel denies involvement. tensions along the unofficial israel—lebanon border are rising. israel and the lebanese armed group hezbollah trade strikes across the frontier almost every day. andrea tenenti, a spokesperson for the united nations interim force in lebanon, explained more about the investigation. three ogl observers, military observers, unarmed, were in the area together with their language assistants and they were injured. luckily they are stable at the moment, so we have launched an investigation to look into this incident and into the explosions. i know there are a lot of speculations at the moment, but in r

let's speak to our new york business correspondent, erin delmore, erin delmore.n the courthouse talking about sam bankman—fried's actions into his behaviours. pointing not only to the crimes that a jury decided sam bankman—fried had committed during the trial which they did five months ago but also talking about bankman—fried's demeanour, his likelihood of re—committing crimes if you were released early or with a smaller prison sentence. in talking about his lack of contrition, showing that while bankman—fried would say something like, and mistakes were made, he would not take responsibility and the judge said that continued up until this day. in said that continued up until this da . , ., ., , said that continued up until this da . , ., . , ~' , day. in terms of what is likely to ha en, day. in terms of what is likely to happen. is _ day. in terms of what is likely to happen, is there _ day. in terms of what is likely to happen, is there any _ day. in terms of what is likely to happen, is there any sort - day. in terms of what is likely to happen, is there any s

the bbc�*s erin delmore has more from new york.oke in georgia on wednesday but she aimed her words at china. the us treasury secretary warned china against flooding the market with cheap clean energy exports. things like electric vehicles and lithium ion batteries. she said that we have seen this story before and likened this moment to the way china overproduced metals such as steel and alumina years ago. the department of administration does not only a question of price ability, they say it also hurts american companies and workers. us is working on pumping up its own clean energy sector offering tax breaks and subsidies to developers. meanwhile the us is taking steps to blunt the power of china �*s to making industry which it fears can be used to make advanced ai chips that strengthen china �*s military. it urges ally countries to keep from servicing some important making tools for china, much like rules already in place in the united states. the chinese president said that such policies will only lead to division and confrontati

our north american business correspondent erin delmore has the details. nvidia unveiled its new graphics processing unit at a developers conference in california on monday. it is meant to build on the success of the company �*s existing gpus which are in demand around the world. nvidia makes powerful chips that are used to develop ai technology and the blackwell is expected to allow more advanced ai models to be built. it is also expected to be a boon for the company which has ridden ai enthusiasm to the top of the market. at the developers conference in california on monday the ceo of the company called generative ai the defining technology of our time. some of the biggest names in tech are expected to use blackwell gpus and we expect to see the technology in action later this year. bob o'donnell from technalysis research was at the event in sanjose, california. with all the anticipation built up for nvidia's latest product, he says it wasn't your typical technology conference. the atmosphere was like a rock concert. i have not seen something like this i

the bbc�*s erin delmore has more from new york.o hear chairmanjerome powell tell it, the federal reserve is looking for its goldilocks path forward, making sure the bank doesn't reduce interest rates too much too soon or too little too late. officials decided wednesday to keep the benchmark interest rate at between 5.25% and 5.5%. it remains unchanged sincejuly. and while the suspense lies around when the fed will cut interest rates, powell didn't give any hints. he did say that the fed wants to see inflation falling sustainably toward the 2% goal before going ahead with any rate cuts. he made the case for a cautious path forward. inflation has eased substantially, while the labour market has remained strong. and that is very good news. but inflation is still too high. ongoing progress in bringing it down is not assured, and the path forward is uncertain. chairman powell said that if all goes as expected this year, rate cuts will be appropriate, and the fed will continue to make decisions meeting by meeting. what does this decision

erin delmore has the details in new york.rely in the spotlight on capitol hill wednesday, previewing what's to come in the year ahead as fed officials contemplate when to cut interest rates and by how much. we believe that our policy rate is likely at its peak for this tightening cycle. if the economy evolves broadly as expected, it will likely be appropriate to begin dialing back policy restraint at some point this year. powell appeared before the house financial services committee, the first stop in his two day tour of capitol hill. and he pointed to considerable progress on the economy and said that while inflation remains above the fed's 2% target, it has been easing without significantly increasing unemployment. but while rate cuts are likely this year, he said that the fed is looking for more evidence that inflation is falling sustainably back down to the fed's target. and he reiterated that members are being careful not to misstep in either direction, whether that's cutting interest rates too soon or too little too lat

i'm erin delmore.

our north america business correspondent erin delmore is at the court in new york with the latest.because this is essentially going to be a president in the world of crypto currency. what has happened so far this morning? == currency. what has happened so far this morning?— this morning? -- president. this is a big moment _ this morning? -- president. this is a big moment not _ this morning? -- president. this is a big moment notjust _ this morning? -- president. this is a big moment notjust for- this morning? -- president. this is a big moment not just for the - this morning? -- president. this is. a big moment notjust for the crypto industry but the final note in sam bankman—fried's. he personally is in court this morning, a prison outfit with two uniformed guards behind him. at stake here today is the judge decides what punishment fits the crime. what is being debated in that courtroom behind me right now is the size and scale of the crime. thejudge made clear that is the size and scale of the crime. the judge made clear that the prosecution argues there was a lot totalling grea

our north america business correspondent erin delmore has more from new york.nistration chief michael whitaker says that boeing needs to focus more on production and safety and quality and he said that their priorities have not been there. he was visiting their facilities recently at boeing and spoke about impressions and findings. specifically, he called out issues around the safety culture at boeing. his comments come as boeing remained under the microscope forfederal remained under the microscope for federal aviation officials, lawmakers, business leaders and travellers. that is on the heels of a january incident involving a door blowing off on airlines jet involving a door blowing off on airlinesjet in involving a door blowing off on airlines jet in alaska airlinesjet in alaska midflight spurring an emergency landing. a report by the safety board found the bolts intended to hold the door in place were not where they needed to be when the plane left the facility. since then, boeing safety practices have remained in the spotlight. boeing said in a statement t

our north america business correspondent erin delmore has the details in new york.icials contemplate when to cut interest rates and by how much. we believe our policy rate is likely— we believe our policy rate is likely at _ we believe our policy rate is likely at its peak for this tightening cycle. if the economy evolves broadly as expected, it will likely be appropriate to begin dialling back— appropriate to begin dialling back policy restraint at some point — back policy restraint at some point this— back policy restraint at some point this year.— point this year. powell appeared _ point this year. powell appeared before - point this year. powell appeared before the i point this year. powell - appeared before the house financial services committee, the first up in his two—day tour of capitol hill and pointed to considerable progress on the economy, and said while inflation remains above the feds 2% target, it has been easing without significantly increasing unemployment. but while rate cuts are likely this year he said that the fed is looking for more evidence th

our north america business correspondent erin delmore filed this report from new york.e maker rivian gave shareholders to bits of good news on wednesday. new ev models and $2.25 billion in cost savings. the news said democrats that share prices up 13% on the day, and offers rivian�*s answer to two issues dogging the company. its cash flow and the consumer demand for the consumer company's dvds. the new models are the are two and/or three. the art to is being offered as a smaller, more affordable suv with a price that'll start around $45,000. that's actually around $45,000. that's actually a few thousand dollars less than the average new car in the us, and weigh less than the $75,000 suv that rivian rivian currently offers. part of the cost savings comes from stopping a plan to build a new factory in georgia, despite billions in government incentives. and just last month, we sawjob cuts which the company chalked up to sinking demand due to high interest rates and economic uncertainty. the new models are rivian�*s effort to roll in budget conscious customers and win a foo

our north america business correspondent erin delmore has more from new york.resident biden is taking a stand against a deal in the making. us steel, an american company, is set to be bought by nippon steel, a japanese company. but president biden says us steel should stay in the us. the president praised the us. the president praised the iconic 123—year—old american steel company and said it is vital that the company remain owned and operated in the us. this is a big deal and notjust politically. nippon steel is set to pay $14.9 billion to acquire the us giant. but politically, this is territory president biden knows well. he has cast himself as the champion of the working class and has called himself the most pro—union president in history. he made headlines for walking the picket line with striking auto union workers last fall. unionised steelworkers could land the president supporting his election bid. the four north america's largest industrial union. for his part, former president donald trump pledged to block the deal if he retakes the white house. the p

from new york — erin delmore reports.in the making. us steel, an american company, is set to be bought by nippon steel, a japanese company. but president biden says that us steel should stay in the us. us steel, the stronger america is made here. the president praised the iconic 123 —year—old american steel company and said it's vital that the company remain owned and operated in the states. this is a big deal and notjust politically. nippon steel is set to pay $14.9 billion to acquire the us giant. but politically, this is territory president biden knows well. he's cast himself as a champion of the working class and called himself the most pro—union president in history. he made headlines for walking the picket line with striking auto union workers last fall. unionized steelworkers could lend the president support in his election bid. they form north america's largest industrial union. and for his part, former president donald trump pledged to block the deal if he retakes the white house. the president of the united stee

this week, though, he's on the other side of a lawsuit. 0ur north america business correspondent erin delmoreiving four top twitter executives out of their severance. the former execs say mr musk owes them more than $128 million collectively, and they're suing. here's the discrepancy. mr musk said at the time that he fired them for cause and therefore he didn't need to pay them severance. but the former executives say that's not true. they've been on the forefront of efforts to make mr musk follow through on his acquisition of twitter after he offered and then backed away. the group includes twitter�*s former chief executive, the company's former chief financial officer, the former chief legal officer and the former general counsel. the lawsuit was filed in federal court in california on monday. health care now... there are more than 25 safe and effective vaccines to prevent disease. but millions still die every year because the doses don't get to the people that need them. 0ne company has been looking at ways to streamline the process, and in doing so, save lives. my colleague lara lewington

for more on that, let's cross live to erin delmore in new york. just remind us what went on here.nal trialfor one—time tech mogul once referred to as britain's bill gates. mike lynch sold his company to hewlett—packard and now he is standing trial for fraud. this is more than a decade in the making. that sale occurred in 2011 and the trial has been insightful about a year. he was extradited from britain in may and put in house arrest in san francisco and that is where the trial is taking place. he is facing 16 counts of fraud and conspiracy and hewlett—packa rd of fraud and conspiracy and hewlett—packard is seeking around $4 billion in damages. the stakes are high and mr lynch could face decades behind bars. it is the latest in what has been a series of legal battles for mr lynch and another member of the former leadership. there were found liable for defrauding hewlett—packard in a similar trial that took place in london. mr lynch intends to appeal that ruling and his lawyers are summing up hewlett—packard's argument as, quote, case study in bio's remorse. irate argument as, quot

the bbc�*s erin delmore has more from new york.hear chairman jerome to hear chairmanjerome powell tell at the federal reserve is looking for its goldilocks path forward making sure the bank doesn't reduce interest rate too much too soon or too little too much too soon or too little too late. officials decided wednesday to keep the benchmark interest rate at between five and a quarter and five and a half percent it remains unchanged sincejuly. and while the suspense lies around when the suspense lies around when the fed will cut interest rates powell didn't give any hints. he did say the following sustainably 2% goal before going ahead with any rate cuts. he made the case for a cautious path forward. he made the case for a cautious path forward-— path forward. inflation has eased substantially - path forward. inflation has eased substantially while i path forward. inflation has i eased substantially while the labour market has remained strong. that is very good news. but inflation is still too high, all grown progress in bringing it

erin delmore is in new york for us. what do we know about this aid from washington? we what do we know about this aid from washington?— washington? we know it came seedil . washington? we know it came speedily. usually _ washington? we know it came speedily. usually it _ washington? we know it came speedily. usually it takes - washington? we know it came speedily. usually it takes a - washington? we know it came| speedily. usually it takes a few days— speedily. usually it takes a few days like — speedily. usually it takes a few days like aid like this to be disbursed from the federal government but in this case it has been _ government but in this case it has been three — government but in this case it has been three days since we saw the bridge _ been three days since we saw the bridge collapse. we know it is in the amount of $60 million that will allow_ the amount of $60 million that will allow recovery and rebuilding efforts — allow recovery and rebuilding efforts to begin to get under way but this— efforts to begin to get under way but this is— efforts to begin t

erin delmore filed this report. squarely in the spotlight previewing what is to come in the year ahead as fed officials contemplate when to cut interest rates and by how much. we believe our policy rate is likely at its peak this tightening cycle. if the economy evolves broadly as expected it will likely be appropriate to begin dialling back policy restraint at some point this year.— point this year. powell appeared _ point this year. powell appeared before - point this year. powell appeared before the i point this year. powell - appeared before the house financial services committee, the first step in his two—day tour of capitol hill and pointed to considerable progress on the economy and said that while inflation remains above the feds 2% target, it has been evening without significantly increasing unemployment. but while rate cuts are likely this year he said that the fed is looking for more evidence that inflation is falling sustainably back down to the feds target, and he reiterated fed's target, and he reitera

. _ let's get more on this with erin delmore who's been following this in new york.re we seeing at the moment? figs what sort of disruption are we seeing at the moment? as the mayor of baltimore — seeing at the moment? as the mayor of baltimore said _ seeing at the moment? as the mayor of baltimore said it's _ seeing at the moment? as the mayor of baltimore said it's not _ seeing at the moment? as the mayor of baltimore said it's notjust - seeing at the moment? as the mayor of baltimore said it's notjust a - of baltimore said it's notjust a disruption to baltimore it is for the us in the world. calling out a few big industries and commodities and products that come through the port of baltimore, it's the number one import for cars. specifically, when you dig into that you can see that there are a lot of foreign cars coming in. short term, we know that a lot of these foreign car—makers have models on us lot already. that will help blunt the impact of immediate disruptions, but things in —— coming on like soy and other things, we are yet to see the impact. some other po

let's cross to new york and speak to our north america business correspondent, erin delmore.gh this meteoric rise? i remember back in february reporting that nvidia beat out apple to become the third most valuable company in the us and that was just after it beat out amazon. there is one thing going on here and that is the interest in this company right now, its stock price is growing faster than others in this ai race. nvidia's controls around 80% of the ai chip market, that's the components and processes that are used to capitalise and build on this ai technology. it is coming from a strong base, its stock price more than tripled in 2023 and this is great for nvidia but the enthusiasm around ai is great for all tech companies. we have seen microsoft and meta's share price go up. why mac lets bitcoin. i guess if you bought it a few years ago, it has been a tough few years. it is back, but the big — been a tough few years. it is back, but the big question _ been a tough few years. it is back, but the big question is, _ been a tough few years. it is back, but the big question

for more, erin delmore filed this report in new york.being accused of unfairly depriving for top twitter executives out of their severance. the former execs say mr muscat owes them more than $128 million collectively, and they are suing —— elon musk. here's the discrepancy. elon musk set at the time that you fired them for cause, and therefore he didn't need to pay them severance. but the former executives say that's not true. they've been on the forefront of efforts to make elon musk follow through on his acquisition of twitter after he offered, then backed away. the group includes twitter�*s former chief executive, the former chief executive, the former chief financial executive officer, the former chief legal officer, the former chief legal officer and general counsel. the lawsuit was filed in federal court in california on monday. there are more than 25 safe and effective vaccines to prevent disease. but millions still die every year because the vaccines don't get to the people that need them. one company has been looking at ways to

joining me now is erin delmore, our north america business correspondent.ting him to say to the senators? the what are we expecting him to say to the senators?— the senators? the federal reserve chairman is — the senators? the federal reserve chairman is a _ the senators? the federal reserve chairman is a veteran _ the senators? the federal reserve chairman is a veteran of— the senators? the federal reserve chairman is a veteran of scenes - the senators? the federal reserve| chairman is a veteran of scenes like this, testifying on capitol hill, and had a run at it yesterday in front of the house. he stuck to the script, saying while we can expect interest rates are at their peak, if things continue as they have been, we in to sedate rate cuts ahead but did not give clues on time. he was cautious, walking a tightrope, saying the federal have to see inflation going down sustainably to its 2% target before cutting interest rates. he warned more evidence is necessary and they are having a wait and see approach. we can expect the same today, but he will face tou

hello, i am erin delmore.three of its observers and a translator were injured in an explosion near the israeli border on saturday. it says the peacekeepers were on a foot patrol when the blast happened, and were taken to hospital. the un says it's investigating the cause of the explosion, and warned that targeting observers is "unacceptable". israel denies involvement.

erin delmore is following the story in new york. story in new york. does it mean for their customers what does it mean for their customers and this was originally a uk lifestyle brand, so what does it mean for the employees in the uk? figs mean for the employees in the uk? sis you mean for the employees in the uk? is you say it is a turn for a company that started specialising in menswear in the 19805 and now has grown nearly 50 stores and nearly a thousand employees. they sell online and operate within department stores. under conditions like this it would be reasonable to expect that a sale could result in job losses even into the hundreds and they did not indicate what that could look like but we heard from the chief strategy and transition officer for authentic and he said hopefully some consolidation at the brand and it will still be available online and in—store spot for employees and stakeholders, he said we wish there could have been a better outcome —— but for employees. authentic brands group is the owner of ted baker, sinc

lawmakers eagle—eyed for clues about interest rates. 0ur north america business correspondent erin delmore believe that our policy rate is likely at its peak for this cycle. if the economy evolves broadly as expected, it will likely be appropriate to begin dialling back policy restraint at some point this year. powell appeared before the house financial services committee, the first stop on his two day tour of capitol hill and he pointed to considerable progress on the economy and said that while inflation remains above the fed�*s 2% target, it has been easing without significantly increasing unemployment. but while rate cuts are likely this year, he said that the fed is looking for more evidence that inflation is falling sustainably back down to the fed�*s target and he reiterated

the company's dominance in the chipmaking industry. 0ur north american business correspondent erin delmoreant to build on the success of the company �*s existing gpus which are in demand around the world. nvidia makes powerful chips that are used to develop ai technology and this new one is expected to allow more advanced ai models to be built. it is also expected to be a boon for the company which has written ai enthusiasm to the top of the market. at the developers conference in california on monday the ceo of the company called generative ai the defining technology of our time. ai the defining technology of ourtime. some ai the defining technology of our time. some of the biggest

i'm erin delmore. the head of the main un relief agency for palestinians says israel is stopping the organisation from delivering lifesaving aid to people in northern gaza. philippe lazzarini said in a post on x that israeli authorities informed the un that they will no longer approve any unrwa food convoys to the north. he added: "this is outrageous and makes it intentional "to obstruct lifesaving assistance during a man—made "famine. "by preventing unrwa to fulfil its mandate in gaza, "the clock will tick faster towards famine and many more "will die of hunger, dehydration and lack "of shelter. "this cannot happen, it would only stain our collective "humanity." mark lowen has more from jerusalem. without unrwa getting the food out on the ground, there are few alternatives. i mean, another body, the world food programme, which is another un agency, has managed to get a few trucks in to northern gaza in the last couple of weeks. but this appears to be a very direct attack on unrwa itself. i mean, the h

the bbc�*s erin delmore has more from new york. its goldilocks path forward, making sure the bank doesn't reduce interest rates too much too soon or too little too late. officials decided wednesday to keep the benchmark interest rate at between 5.25% 5.5%. interest rate at between 5.25% and 5.5%. it remains unchanged sincejuly. and while the suspense lie5 around when the fed will cut interest rates, powell didn't give any hints. he did say that the fed wants to see inflation falling sustainably toward the 2% goal before going ahead with any rate cuts. he made the case for a cautious path forward. inflation has eased substantially, while the labour market has remained strong. and that is very good news. but inflation is still too high. ongoing progress in bringing it down is not assured,

our north american business correspondent erin delmore has the details.u �*s which are in demand all over the world. nvidia makes powerful chips that are used to develop a high technology and the blackwell is expected to allow more advanced ai models to be built. it's also expected to be built. it's also expected to be built. it's also expected to be a boon for the tech company which has written ai enthusiasm to the top of the markets. at nvidia's develop conference and monday, the ceo called generative ai the defining technology of our time. some of the biggest names in tech

the bbc�*s erin delmore has more from new york.its goldilocks path forward making sure the bank doesn't reduce interest rate too much too soon or too little too much too soon or too little too late. officials decided wednesday to keep the benchmark interest rate at between five and a quarter and five and a half percent it remains unchanged sincejuly. and while the suspense lies around when the suspense lies around when the fed will cut interest rates powell didn't give any hints. he did say the following sustainably 2% goal before going ahead with any rate cuts. he made the case for a cautious path forward. he made the case for a cautious path forward-— path forward. inflation has eased substantially - path forward. inflation has eased substantially while i path forward. inflation has i eased substantially while the labour market has remained strong. that is very good news. but inflation is still too high, all

hello, iam hello, i am erin delmore.vers and a translator were injured in an explosion near the israeli border on saturday. it says the peacekeepers were on a foot patrol when the blast happened and were taken to hospital. the un says it's investigating the cause of the explosion, and warned that targeting observers is "unacceptable." israel denies involvement. tensions along the unofficial israel—lebanon border are rising.