BBCNEWS World Business Report June 4, 2024 13:31:00
The united states where inflation remains stubbornly high. it still a problem for the world's biggest economy and that's because in the last hour or so we've had the latest number of key measure of the central banks follows closely which is the personal consumption expenditures. it excludes volatile food and energy prices. as you can see, pc came in at an annualised rate of 4.6% in march which will maintain the pressure on the fed to increase interest rates when it meets next week. let's pick up with our correspondent in new york. just give us a bit more, what does it tell us about the health ...