Harris plans a livestream with Oprah Winfrey while Trump is set to address an Israeli-American group

WASHINGTON (AP) — Both major presidential candidates are making appearances Thursday meant to fire up their core supporters, with Vice President Kamala Harris participating in a livestream with Oprah Winfrey and Donald Trump attending an event with prominent Jewish donors before addressing a gathering of the Israeli-American Council.

Winfrey, who has endorsed Harris and spoke at the Democratic convention in August, is set to host a two-hour “Unite for America” nighttime streaming session in Michigan with Harris that organizers say aims to highlight dozens of grassroots groups backing the vice president.

Trump will be in Washington to address a “Fighting Anti-Semitism in America” evening event with Miriam Adelson, a co-owner of the NBA's Dallas Mavericks and widow of billionaire casino magnate Sheldon Adelson, who founded the Las Vegas Sands casino and was one of the Republican Party's largest donors.

Trump will also speak before the Israeli-American Council, a nonprofit long backed by Sheldon Adelson as well as Haim Saban, a major donor to President Joe Biden and Democratic causes. The council is holding its national convention in the weeks before the first anniversary of Hamas' Oct. 7 attacks on Israel, which sparked the war in Gaza.

On Friday, Harris has campaign stops planned in swing states Wisconsin and Georgia as she calls attention to the case of a young mother who died after waiting 20 hours for a hospital to treat her complications from an abortion pill. Harris contends that outcome shows the consequences of Trump's actions.

Amber Thurman’s death, first reported Monday by ProPublica, came two weeks after Georgia’s strict abortion ban was enacted in 2022 after the Supreme Court’s decision to overturn nationwide abortion rights. Trump nominated three of the justices who made that decision.

Trump has a Saturday rally set in battleground North Carolina.

Thursday's campaign stops follow the Federal Reserve cutting its benchmark interest rate by an unusually large half-point. That marked a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfully expensive for American consumers.

With the presidential election less than seven weeks away, the move has the potential to scramble the economic landscape just as Americans prepare to vote. Campaigning in New York on Wednesday, Trump said, “I guess it shows the economy is very bad to cut it by that much, assuming they’re not just playing politics."

Asked about potential political influence of a rate cut so close to Election Day, White House press secretary Karine Jean-Pierre said the Biden administration has been “very clear about this and very respectful of the independence of the Federal Reserve.”

“Unlike other administrations, we’ve been, I think, pretty steadfast about that, and have been continuous in making that clear,” she added, without naming Trump and his past public criticism of the Fed or his suggestions during the campaign that presidents should have more authority over the central bank.

Democratic presidential nominee Vice President Kamala Harris speaks at the Congressional Hispanic Caucus Institute (CHCI) leadership conference, Wednesday, Sept. 18, 2024, in Washington. (AP Photo/Jacquelyn Martin)

Republican presidential nominee former President Donald Trump pumps his fist as he arrives to speak at a campaign event at Nassau Coliseum, Wednesday, Sept.18, 2024, in Uniondale, N.Y. (AP Photo/Alex Brandon)

LONDON (AP) — The Bank of England kept its main interest rate unchanged at 5% Thursday despite a big cut from the U.S. Federal Reserve, its first since the onset of the coronavirus pandemic more than four years ago.

The decision was widely expected amid ongoing concerns about inflation within the bank’s monetary policy committee, particularly the elevated levels in the crucial services sector, which accounts for around 80% of the British economy. Figures on Wednesday showed that inflation overall in the U.K. held steady at an annual rate of 2.2% in August, still above the bank’s goal.

Minutes to the meeting showed that eight of the nine members of the panel voted to keep rates unchanged, while one backed a quarter-point reduction.

“The economy has been evolving broadly as we expected. If that continues, we should be able to reduce rates gradually over time,” said Bank Gov. Andrew Bailey. "But it’s vital that inflation stays low, so we need to be careful not to cut too fast or by too much.”

The bank, which last month cut interest rates for the first time since the pandemic, is widely expected to reduce borrowing costs again at its next meeting in November, especially as it will have details of the government’s budget on Oct. 30.

On Wednesday, the Fed cut its main interest by half of a percentage point to roughly 4.8% from a two-decade high of 5.3%, where it had stood for 14 months. It also signaled that there will be more cuts to come in the next few months.

Central banks around the world dramatically increased borrowing costs from near zero during the coronavirus pandemic when prices started to shoot up, first as a result of supply chain issues built up and then because of Russia’s full-scale invasion of Ukraine which pushed up energy costs. As inflation rates have fallen from multi-decade highs recently, they have started cutting interest rates.

On Wednesday, the Fed became the latest major central bank to reduce borrowing costs, cutting its main interest by half of a percentage point to roughly 4.8% from a two-decade high of 5.3%, where it had stood for 14 months. It also signaled that there will be more cuts to come in the next few months.

The Bank of England is widely expected to reduce borrowing costs again at its next meeting in November, especially as it will have details of the government's budget on Oct. 30.

The new Labour government has said that it needs to plug a 22 billion pound ($29 billion) hole in the public finances and has indicated that it may have to raise taxes and lower spending, which would likely weigh on the near-term outlook for the British economy and put downward pressure on inflation.

Luke Bartholomew, deputy chief economist at abrdn, formerly Aberdeen Asset Management, said the Bank of England "will need to incorporate any fiscal changes in its next forecasts, which could provide the foundation for more rapid cuts in due course.”

Bank of England widely expected to hold interest rates despite big US Fed cut

FILE - The Bank of England is pictured in London, on Aug. 1, 2024. (AP Photo/Alberto Pezzali, File)

Bank of England widely expected to hold interest rates despite big US Fed cut