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BBCNEWS World July 4, 2024 - Vimarsana News

BBCNEWS World July 4, 2024

England decide what to do with Interest Rates. The current uk base rate 5. 25 . But after we found out that wages, on average, are rising at their fastest level now in 20 years, could we see another rise in september. Joining me now is kallum pickering, whos the Senior Economist at berenberg bank. With your predictions, what are you thinking you will see here today . I you thinking you will see here toda . ~ , today . I think we might be surprised today . I think we might be surprised a today . I think we might be surprised a little today . I think we might be surprised a little to today . I t...

BBCNEWS World July 4, 2024 - Vimarsana News

BBCNEWS World July 4, 2024

Increase wont come. Lets not forget that yesterday we heard that average uk wages were rising at their fastest pace in 20 years. Joining me now is Neil Shearing group Chief Economist at capital economics. Thanks very much for being with us today. Clearly it is pretty good news, but is it happening fast enough, oras news, but is it happening fast enough, or as fast as we had hoped . The fall in the Headline Rate of inflation, as you say, thats going to be welcomed by the Bank Of England. It takes a bit of pressure off them. But when you start to dig into the details of this report, i think perh...

BBCNEWS Asia July 4, 2024 - Vimarsana News

BBCNEWS Asia July 4, 2024

Things like volatile food and energy prices, so called Core Inflation was 4. 7 , the lowest since october 2021. The good news is that inflation has drifted down from last summers a0 year highs, but it is still well above what the Federal Reserve thinks of as normal prices and with the overall trend heading in the right direction, policy makers, well, they may feel that they dont need to raise Interest Rates further. The us central bank, you may recall, raised its benchmark Interest Rate to more than 5. 25 percent, the highest level in 22 years, all in a bid to cool the economy and ease the pre...

BBCNEWS Breakfast July 4, 2024 - Vimarsana News

BBCNEWS Breakfast July 4, 2024

Every time we file an indictment, we go way up in the polls. We need one more indictment to close out the election. Broken swings and unsafe Climbing Frames are childrens playgrounds falling into disrepair . The new Football League season begins across the uk, with southampton providing late drama in the first match, as they start life back in the championship, with a win. Its saturday, the fifth of august. The met office is warning of potential Road Closures, power cuts and flying debris as storm antoni batters wales and South West England. Amber alerts are in place for high winds and Norther...

BBCNEWS BBC July 4, 2024 - Vimarsana News

BBCNEWS BBC July 4, 2024

Rates have gone up again, for the 14th time in a row. The Bank Of England has put up its main rate from 5 to 5. 25 . That will mean higher mortgages for some people, but its also good news for savers. The Bank Of England is using Interest Rate rises to fight inflation, which has slowed recently, but which is still nearly 8 . Our economics correspondent andy verity reports the father of two, peter, keeping up the payments for his familys mortgages looking like anything but childs play. They bought their home under the governments help to buy scheme, but since then Interest Rates have risen 1a t...