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MSNBC Andrea Mitchell Reports June 4, 2024 17:55:00

Dont think smooth. it is probably going to be bumpy and so we think that were going to need to do further rate increases, as we said and we think well need to hold policy at a restrictive level for a period of time. >> yeah. >> there you go. so, not subtle, hes letting everybody know what is going to happen. and that creates the whole issue of how do we get through this next political year, of course. >> well -- >> how does the president get through this? >> i think it is going to be bumpy. that...
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KNTV NBC Nightly News With Lester Holt June 4, 2024 02:41:00

Catie beck, thank you. the fed raised interest rates for the eighth time since march and chairman jerome powells comments that inflation is easing helped send markets higher brian cheung is here lay out the landscape for us >> reporter: lester, three takeaways from today. one, chairman powell was quite clear that rate increases will continue in order to get inflation down and does not foresee cutting rates this year two, he said unemployment will likely need to rise from the 50-year low where ...
Interest Rates U S Jerome Powell Catie Beck Brian Cheung Police Reform Lester Priscilla Thompson

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BBCNEWS BBC News June 4, 2024 09:11:00

To try and tackle inflation without of course increasing the cost of living for the people you were hearing speaking to ben boulos. there are some early signs that inflation may have peaked. i think the bank of england will want to see that at a sustained level before they stop these rate increases. so what we expect at midday, the consensus forecast at least is that there will be another 0.5 percentage point rise in the bank of england base rate taking it from 3.5% up to 4%, that would be the t...
Bank Of England Ben Boulos Rate Increases Base Rate 3 5 0 5

BBCNEWS World Business Report June 4, 2024 05:33:00

A warm welcome to you. there is a huge debate now about how father fed will go, a huge debate now about how fatherfed will go, how father fed will go, how aggressive fatherfed will go, how aggressive it will be, whether it will tip the us economy into recession, what are your thoughts?— recession, what are your thou~hts? , ., ., ., ~ thoughts? first of all thank ou for thoughts? first of all thank you for inviting _ thoughts? first of all thank you for inviting me. - thoughts? first of all tha...
Fed Will Go Fatherfed Will Go Thank Ou Rate Increases Interest Rate Path

CNN CNN Newsroom June 4, 2024 15:33:00

Widely expected to hike interest rates again. but this time by just a quarter of a point. this would be the smallest hike since the central bank began its cycle last march. >> joining us now is the federal reserve and economy reporter for the "new york times." jenna, they are still happening, but its coming down. are we coming to the entd of the fed tightening rates? >> that is the question everybody would like to know the answer to. we should get some hints a about that today. the chair gives t...
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