00:00The U.S. Federal Reserve has cut interest rates by 0.25 percentage points, the first reduction since last December.
00:08In support of our goals and in light of the shift in the balance of risks,
00:12today the Federal Open Market Committee decided to lower our policy interest rate by a quarter percentage point.
00:19The cut brings the main lending rate down to between 4 and 4.25 percent.
00:24Official signal they'll continue lowering borrowing costs through the rest of this year.
00:28Analysts say the challenge has been finding a balance.
00:31Lowering rates too quickly could drive prices up, but keeping them to high risks driving unemployment.
00:38It is a risk management cut, but at the same time, because the Fed is likely to be cutting rates again in October and December,
00:47it's an effort to put a floor underneath a cooling job market and thereby reduce the risk of recession.
00:59Taiwan's stock market surged after the Fed decision.
01:02The central bank is scheduled to hold a meeting on Thursday to determine its latest monetary policy.
01:07Thank you, to the north.
01:12Thank you for having me on Thursday with the Fair facility.
01:14We will walk right out to Wednesday.
01:14We will move right back to Wednesday.
01:16Thank you for waiting.
01:17We will see.
01:18We will see.
01:20We will see.
01:22Welcome.
01:22A couple of notes,
01:23We will see.
01:24We will see.
01:25We will see.
01:25We will see.
01:26Welcome.
01:27Today.
01:27Welcome.
01:28Welcome.
01:28Welcome.
01:28To come to Ministry.
01:29Answers.
01:30Welcome.
01:30Welcome.
01:30To the Daytona and Urbanıyoruz.
01:32to prepare.
01:34Welcome.
01:34This is great.
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