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BBCNEWS World Business Report June 4, 2024 05:38:00

We will have more on this later in the programme. we will be looking at the hospitality sector in particular that is calling out for specific help from the government today, so more on the budget later. the ratings giant, moodys, has warned of more pain ahead for the us banking system, after a run on deposits led to the collapse of silicon valley bank. moodys cut its outlook for the sector to "negative" from stable, warning of "a rapid deterioration in the operating environment". the downgrade c...
Uk Budget Hospitality Sector Banking System Deposits Led Ratings Giant Moody S

BBCNEWS World Business Report June 4, 2024 05:39:00

Thoughts?โ€” thoughts? yes, thanks for havinu thoughts? yes, thanks for having me- _ thoughts? yes, thanks for having me. absolutely. i thoughts? yes, thanks for i having me. absolutely. this week and the following weeks are going to be very, very important, especially on the back of the inflation data, and of course as you correctly pointed out, this turmoil that we have seen in the back of the fallout of s vb. central banks are in a tough spot what to do, because they are bringing up their fir...
Inflation Data Of S Vb Fire Hoses Liquidity Trap

CNN CNN Newsroom June 4, 2024 13:02:00

We do want to begin with your money. banking concerns across the nation, we have priscilla alvarez, lauren fox and christine romans. christine, there is new inflation data out this morning, basically in line with expectations. for once thats a good thing. >> yeah, look, 6% inflation is hot, its uncomfortable, but it is eight months in a row of slightly less than the month before. so youre paying more for just about everything, but those price increases are cooling and i think thats important her...
Christine Mahon Inflation Data Lauren Fox Banking Concerns Priscilla Alvarez Christine Romans

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FOXNEWS Americas Newsroom June 4, 2024 13:02:00

Money. that will make the inflation problem worse. >> dana: we have analysis, lets begin with grady. >> last week a rate hike was almost a given, now things are more complicated, the fed has to weigh bank collapse with inflation data, which came in at 6% from a year ago, where economists expected. category by category, food, americans are getting hit hard at restaurants and at the grocery store. food up 9.5%. eggs are slightly down from last month, but still paying 55% more than from a year ago....
Big Money For Mexico Dana Perino Inflation Problem Bank Collapse Inflation Data U S

CNN CNN Newsroom June 4, 2024 13:01:00

Good tuesday morning, im erica hill. >> and im jim sciutto. some major news just in on your money. new key inflation data finds that americans overall are paying less for items. still, however, some sticker shock out there. will the fed now pause its ongoing rate hikes? were also closely watching bank crisis fears following the sudden collapse of two regional banks. markets open soon. we will look at where things stand today. plus, loyalty loss. former president trump taking his first stage in...
Inflation Data Tuesday Morning Jim Sciutto Erica Hill Sticker Shock Rate Hikes

CNN CNN Newsroom June 4, 2024 14:04:00

Repo rep reporter phil mattingly said that it is maybe more important than the stock pricing, because it shows calming there, but we have to keep a close eye on the banks and that people stay calm here, and remember, there are $250,000fdic insurance and the federal government has made it clear that they want to protect depositors. and joining us is our federal reserve reporter, and now, they have gotten quite a bit of interest and now they have cpi data showing a cooling, and does this now giv...
Phil Mattingly Stock Pricing U S Inflation Data Interest Rate Hikes

BBCNEWS Outside Source June 4, 2024 19:08:00

Back their expectations for further us interest rates hikes after the latest inflation data showed signs of easing. consumer prices rose 6% in the 12 months to february, in line with expectations. that was down from 6.a% for the year to january. inflation, thats the rise in the price of goods and services, generally puts pressure on the us central bank, the federal reserve, to consider further rate hikes to cool prices. but the collapse of silicon valley bank, the biggest banking failure since t...
Giving Us Interest Rates Inflation Data Consumer Prices Silicon Valley Bank Rate Hikes

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