The UK's energy partner.

Learn more at equinore.

Good morning from the newsroom of the Financial Times.

Today is Thursday, September 19th.

And this is your FT news briefing.

Canadian Prime Minister Justin Trudeau

apologizes for wearing brown face makeup at a private school party in 2001.

The head of Cisco tells the F.T. that global supply chains will be okay and that the U.S. and China

will reach a trade deal.

KPMG UK plans to cut hundreds of staff

and shares in FedEx tumbled on Wednesday,

a day after the company reported its weakest sales growth

in a decade. But first, the Federal Reserve

made another quarter point cut to U.S. interest rates on Wednesday. Our U.S. economics

editor Brendan Greeley tells us why it looks like the central bank will stop there.

I'm Mark Filipino and here's the news you need to start your day.

U.S. interest rates are now sitting at a range of 1.75 to 2%. And the Fed indicated that there

aren't any more cuts on the way. Of course, the outcome of the FOMC meeting drew criticism from U.S. President Donald Trump on

Twitter.

He's been pushing the Fed for more aggressive cuts for a while now.

The FT's U.S. economics editor Brendan Greeley has more on the Fed's move.

Last time Chairman Powell spoke before this decision, he said it's murky out there.

...