as inflation cools. from new york, our north america business correspondent michelle fleury sent this report. the december notes from the us central banks last meeting showed policymakers are feeling better about inflation. they agreed with investors that interest rates are at or near the peak for this cycle. they also agree it will come down this year. but they offered no clues as to how or when that will happen. to remind viewers, the federal reserve started raising rates in march 2022 to tame inflation. it did so 11 times, taking the benchmark rate to 5.5%. inflation, by the time of the last meeting, had dropped to 3.2% from a peak of 9.1%. meanwhile, new data out on wednesday showed the number ofjob openings in the united states fell to 8.79 million in november. this points to weaker demand for labour but is still well above pre covid levels. that is consistent with the fed s goal. to slow the economy without triggering a nasty recession. the feds first rate setting meeti
a huge response to the tv drama about the post office scandal that saw hundreds of innocent branch managers wrongfully prosecuted for theft. we ll hear from one who s fought forjustice for 20 years. whilst there are some brighter skies ahead for us all there is still some rain in the forecast today particularly across the south, i will have your full forecast here on breakfast. it s thursday 4th january. our main story. a row about emergency cover has broken out between nhs bosses and union leaders, as a strike byjunior doctors in england enters its second day. yesterday nhs leaders made 20 requests for striking doctors to return to the wards and help overstretched services but the british medical association accused them of misusing the system, which is known as derogation. a number of nhs trusts have reported long waiting times in a&e, with some declaring critical incidents. here s more from our health editor hugh pym. # hey, vicky, ooh, ahh # i wanna know when you ll pay u
including pensions according to the think tank, the high pay centre. that s equivalent to wait for it £1,170 an hour 109 times the average worker whose median annual salary isjust under £35,000. chris roebuck is a global leadership expert who has worked in major organisations assessing senior leaders performance. i asked him if these huge payouts are justified. we will come back to that in a moment. but essentially he told me a little bit more about the talent poaching that the city had to be careful of unless they paid the ceos competitive salaries. this is what he told me. well, i think you need to ask the question. lobbyists are saying, yes, they are justified because we need to attract the best ceos to the uk or to keep them here. but, actually, this is not consistent across the world. if you look at some of the data on that ratio. if you say, if we re at 200, the us is at 270, but funnily enough german is only at 136, so the ratio of germany ceo play to empl
introducing storm-ready wifi. now you can stay reliably connected through power outages with unlimited cellular data and up to 4 hours of battery back-up to keep you online. only from xfinity. home of the xfinity 10g network. right now on early start, donald trump asks the supreme court to decide, should he be disqualified from colorado s ballot over january 6. plus the long sealed list of jeffrey epstein s associates was just released. what it means and more importantly what it doesn t mean. and just hours from now, ron desantis and nikki haley will be live on cnn for back to back down halls. is it too late to catch the far and away frontrunner, donald trump. good morning. i m kasie hunt. it is thursday, january 4, just after 5:00 a.m. in washington where of course we are all looking just down the road from where i sit at the u.s. supreme court. donald trump is asking the justices to overturn a historic colorado ruling. two weeks ago the state supreme court ordered t
fleury sent this report. the december notes from the us central bank s last meeting showed policymakers are feeling better about inflation. they agreed with investors that interest rates are at or near the peak for this cycle. they also agree it will come down this year. but they offered no clues as to how or when that will happen. to remind viewers, the federal reserve started raising rates in march 2022 to tame inflation. it did so 11 times, taking the benchmark rate to 5.5%. inflation, by the time of the last meeting, had dropped to 3.2% from a peak of 9.1%. meanwhile, new data out on wednesday showed the number ofjob openings in the united states fell to 8.79 million in november. this points to weaker demand for labour but is still well above pre covid levels. that is consistent with the fed s goal. to slow the economy without triggering a nasty recession. the feds first rate setting meeting this year starting january 30. investors are holding their breath is beneficial t