Placeholder Image

Subtitles section Play video

  • JUDY WOODRUFF: The Federal Reserve board has voted to cut short-term interest rates

  • for the second time in three months.

  • But the Central Bank held back today from promising any further money moves this year.

  • Fed Chairman Jerome Powell said it all depends on where the economy seems to be headed.

  • JEROME POWELL, Federal Reserve Chairman: What we think we're facing here is a situation

  • which can be addressed and should be addressed with moderate adjustments to the Federal Funds

  • Rate.

  • As I mentioned, we are watching carefully to see whether that is the case.

  • If in fact the economy weakens more, then we're prepared to be aggressive, and we will

  • do so if it turns out to be appropriate.

  • JUDY WOODRUFF: President Trump took to Twitter to criticize the Fed and Powell for not approving

  • a larger rate cut.

  • He said -- quote -- "No guts, no sense, no vision."

  • We will take a closer look at the Fed's moves right after the news summary.

  • The president today tapped Robert O'Brien to be his new national security adviser, his

  • fourth in that post to date.

  • O'Brien had been special envoy for hostage negotiations.

  • Mr. Trump removed John Bolton as national security adviser just last week over policy

  • disputes.

  • Saudi Arabia says it has mounting evidence that Iran was behind weekend attacks on its

  • key oil facilities.

  • Saudi officials today displayed remnants of drones and a cruise missile.

  • They said the weapons were Iranian-made, but Iran again denied any role.

  • U.S. Secretary of State Pompeo arrived in Saudi Arabia today.

  • He said the attacks were -- quote -- "an act of war."

  • We will talk about all of this, and the naming of the new national security adviser, later

  • in the program.

  • The government of Israel was in political limbo today, after two main parties deadlocked

  • in Tuesday's elections.

  • Neither Likud nor the Blue and White Party won enough seats for a majority in Parliament.

  • Former Defense Minister Avigdor Lieberman leads a smaller party that could become the

  • kingmaker.

  • He underscored his position today.

  • AVIGDOR LIEBERMAN, Leader, Yisrael Beiteinu Party (through translator): The conclusion

  • is clear.

  • All that we have said during the election campaign is coming true.

  • There is only one option, a national unity government, a liberal broad government.

  • And we will indeed say again we will not join any other option.

  • JUDY WOODRUFF: Prime Minister Benjamin Netanyahu of Likud insisted today that he will still

  • try to form a ruling coalition anyway.

  • The European Parliament has approved another extension to the Brexit deadline, but with

  • conditions.

  • It would have to be used to prevent a no-deal British departure from the European Union,

  • or to allow for new elections or even a new referendum on Brexit.

  • Britain's Prime Minister Boris Johnson has insisted on leaving the E.U. by the current

  • deadline, October 31, with or without a deal.

  • The president of the Philippines, Rodrigo Duterte, is offering bounties of nearly $20,000

  • each for hundreds of convicted criminals.

  • They include killers and rapists mistakenly freed under a good-behavior program.

  • Duterte said today they are wanted dead or alive, but that he prefers them dead.

  • The justice minister for the Philippines said later that he shouldn't be taken literally.

  • In Bermuda, schools, transportation and government offices closed today with Hurricane Humberto

  • bearing down.

  • The storm is on track to pass north of the island tonight, with sustained winds of 120

  • miles an hour.

  • Meanwhile, the remnants of Tropical Storm Imelda were dumping up to 18 inches of rain

  • in Southeastern Texas and parts of Louisiana.

  • President Trump has confirmed that his administration is revoking California's power to set its

  • own car mileage standards.

  • He argued today that the move will lead to cheaper and safer cars.

  • But California's attorney general, Xavier Becerra, said that it will actually mean more

  • pollution, and he vowed to file suit.

  • XAVIER BECERRA (D), California Attorney General: Our communities are screaming for help to

  • address the climate crisis.

  • Unlike the Trump administration, we don't run scared.

  • And so whether it is climate change or an administration recalcitrant in taking on its

  • responsibilities, we're prepared to lead.

  • We will prepare to fight.

  • We will do what we must.

  • JUDY WOODRUFF: We will hear from California's Governor Gavin Newsom a little later in the

  • program.

  • Abortions in the United States have reached the lowest level since 1973, when the procedure

  • was legalized nationwide.

  • A research group, the Guttmacher Institute, says that there were 862,000 abortions in

  • 2017, down from at 1.6 million back in 1990.

  • The institute says the decline is due mainly to fewer pregnancies and greater access to

  • birth control under the Affordable Care Act.

  • And on Wall Street, stocks plunged and then rebounded as the Federal Reserve gave mixed

  • signals about future interest rate cuts.

  • The Dow Jones industrial average gained 36 points to close at 27147.

  • The Nasdaq fell eight points, and the S&P 500 added one.

  • Still to come on the "NewsHour": what the Federal Reserve cutting interest rates says

  • about the economy; Secretary of State Pompeo calling attacks on Saudi Arabia an act of

  • war; the governor of California takes on climate change and the gig economy; plus much more.

JUDY WOODRUFF: The Federal Reserve board has voted to cut short-term interest rates

Subtitles and vocabulary

Click the word to look it up Click the word to find further inforamtion about it