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Transcripts For BBCNEWS Newscast 20240706

decisions on interest rates and they put up interest rates again by 0.25%. the last time they were there was middle of they were there was middle of the financial crisis in 2008. they also say they will stay for that level for quite some time so this idea of high interest rates to say is here to stay. interest rates to say is here to sta . f , interest rates to say is here to sta . j , , . to stay. they re big picture message to stay. they re big picture message is to stay. they re big picture message is not to stay. they re big picture message is not great, - to stay. they re big picture message is not great, it i to stay. they re big picture message is not great, it is| message is not great, it is pretty bleak. they are saying things may not be as bad as had been predicted. been predicted. that s where the graphs been predicted. that s where the graphs come been predicted. that s where the graphs come in been predicted. that s where the graphs come in and - bee

Transcripts for BBCNEWS Newscast 20240604 01:32:00

will be, as there was only announced the promise, slight scepticism on the extent to which he is responsible for thatis which he is responsible for that is questionable, but jeremy hunt the counsellor set in context of the strikes, maintaining and ensuring wages aren t committing too much inflation is important. you could move a bit from a government perspective on the payment on those who are striking without it being inflation busting. and the other graph from the bank of england today is about the coming recession, which they say will be shallower and shorter than they were hoping for, and again, that means rishi sunak will probably meet his second pledge, that the economy will be growing again by the end of the year. though i dojust wonder, the economy still looks pretty stagnant and flat in the next year, and that has its own problems. slightly different from the economy shrinking, but still doesn t mean you can then do loads? quite, and you look at the predictions ahead, as far a

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