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Transcripts For BBCNEWS Asia 20240701

mid-2022 from its peak of 1.9% in mid 2022 tojust 3.1% from its peak of 1.9% in mid 2022 to just 3.1% in november. that is above the beds target of 2% and jerome bed s target of 2% and jerome powell cautioned the committee had not ruled out raising rates again in the future. still, wall street, all three markets finished higher and the dow jones industrial average jumped more than 500 points to a record close. this is the third time in a row after all that central bank decided against another rate hike. for investors are satisfied that the fed is done, the only question on their minds is when will the fed start cutting them? what happened in the us overnight? i talked to someone from t rowe price earlier and asked her what the fed s decision means the rest of the world. j decision means the rest of the world. ~ , , ., , world. i think this is a very aood world. i think this is a very good question world. i think this is a very good question on - world. i think this is a ver

Transcripts For BBCNEWS Asia 20240701

from its peak of 9.1% in mid 2022 tojust 3.1% in november. that is above the fed s target of 2% and jerome powell cautioned the committee had not ruled out raising rates again in the future. still, for wall street, all three major markets finished higher and the dow jones industrial average jumped more than 500 points to a record close. this is the third time in a row after all that central bank decided against another rate hike. for investors satisfied that the fed is done, the only question on their minds is when will the fed start cutting them? that s happened in the us overnight. i talked to someone from t rowe price earlier and asked her what the fed s decision means the rest of the world. i think this is a very good question on what we have seen during this business cycle is that the fed and the us rates tend to lead other markets so that is one way we can take signal from what s happening here. there has been enough progress on inflation that makes the fed feel comfort

Transcripts For BBCNEWS Asia 20240701

to ease rising prices. data you may recall this week showed a drop from its peak of 1.9% in mid 2022 tojust 3.1% in november. that is above the beds target of 2% and jerome powell cautioned the committee had not ruled out raising rates again in the future. still, wall street, all three major markets finished higher and the dow jones industrial average jumped more than 500 points to a record close. this is the third time in a row after all that central bank decided against another rate hike. for investors satisfied that the fed is done, the only question on their minds is when will the fed start cutting them? investment firm t row what happened in the us overnight? i talked to someone from t rowe price earlier and asked her what the fed s decision means the rest of the world. i think this is a very good question on what we have seen during this business cycle is that the fed and the us rates tend to lead other markets so that is one way we can take signal from what s happeni

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