Page 27 - 2 25 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> the world's largest active volcano continues spewing gas over hawaii. molten rock is at a crawl but could cut off a major highway on the big island. we're near the highway this morning with max. >> the lava is spreading out and slowing down as it hits flat terrain. it is only moving at 40 feet per hour. it is still creeping its way toward the main east/west highway. it is 2.25 miles away and slowly inching closer by the minute. scientists say they don't know when exactly the lava will hit the highway or even if it will. a lot of questions right now. while no evacuation orders are

Compared to other economies. it is still very low, and i think they will continue hiking interest rates. the only question would be if they continue with jumbo rate question would be if they continue withjumbo rate hikes likely did in october, and in the summer, 75 basis points, slowing down the pace of it, so the ecb has to balance between on the one hand between fighting inflation but on the other hand, we are looking at doing too much on the interest rate side which could actually increase or enhance this recession in the eurozone, so this means the ec will go for 50 basis points at the dec...

Which means we've got to sell somewhere between 150,000, £200,000 worth more beerjust to cover the additional wages costs. but some global inflationary pressures have recently been easing. shipping goods like beer across the world now costs less than a third of what it did in 2021. that's one reason why the bank of england expects double digit inflation to drop back to single digits in the spring. for now, though, it's all about those price shocks. milk, butter, dairy foods, bread. last year, filling up the car. strangely, fruit teas, they seem to have gone from £1 to £2.25. and you think, ...

That is one reason the bank of england expects double digit inflation to drop back to single digits in the spring. for now, though, it's all about those price hikes. milk, butter, dairy foods, bread. filling up the car. strangely, fruit teas. they have gone from £1 to £2.25, and you think how can that be? . until recently, most of the inflationary pressure was global. the price of food, the price of fuel — there is not much the bank of england can do about those global prices, but what they are now worried about is that inflation is becoming embedded domestically in the price of service, l...

Yes. the bank of england sets interest rates for the uk. at the moment they are 2.25%, but are expected to increase later today, possibly up to 3%, in an attempt to deal with rising inflation, which is the rate at which prices are going up. this will affect savers and borrowers, including people with existing mortgages and first—time buyers. becky was hoping to buy her first house in derby with her partner. we were working it out and thinking, yeah, we can do this. with the rates now, we're a lot more hesitant. you're just banging your head up against a brick wall, like, where do i go from h...