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as inflation cools. from new york, our north america business correspondent michelle fleury sent this report. the december notes from the us central banks last meeting showed policymakers are feeling better about inflation. they agreed with investors that interest rates are at or near the peak for this cycle. they also agree it will come down this year. but they offered no clues as to how or when that will happen. to remind viewers, the federal reserve started raising rates in march 2022 to tame inflation. it did so 11 times, taking the benchmark rate to 5.5%. inflation, by the time ...

fleury sent this report. the december notes from the us central bank's last meeting showed policymakers are feeling better about inflation. they agreed with investors that interest rates are at or near the peak for this cycle. they also agree it will come down this year. but they offered no clues as to how or when that will happen. to remind viewers, the federal reserve started raising rates in march 2022 to tame inflation. it did so 11 times, taking the benchmark rate to 5.5%. inflation, by the time of the last meeting, had dropped to 3.2% from a peak of 9.1%. meanwhile, new data ou...

line—up and the weight that most are pledging to tax cuts if they win. —— and the way. also on the programme... a week of very high temperatures ahead for much of the uk, as the met office issues an extreme weather warning for the weekend. train drivers at eight rail companies have voted overwhelmingly to go on strike in a dispute over pay. and england's women are the first team through to the euro quarterfinals after a stunning victory against norway. and coming up in the sport on the bbc news channel, a five—star performance from england. it's a five—wicket win as they do...

Wild campers are ruining the environment with a letter and anti social behaviour. Critics say it undermines the right to roam. And a premature baby becomes the youngest patient ever to undergo and survive major Abdominal Surgery anywhere in the world. Good morning. We will have coverage of the Francois Fillon News Conference as soon as it begins. It is due any time. Stay with us for that. First, news of Donald Trumps first speech to congress. He said he was there to deliver a message of unity and strength and that a new year of strength was beginning. He condemned recent threats aimed jewish c...

Shipped through this neck of water but also oil and raw materials, and things like that, that is definitely going to have inflation pressure. manufacturing activity felt to an 18 month low and december in india according to a business survey released yesterday by hsbc. we have more from them by. what has led to this? fix, by. what has led to this? couple of factors. including slower demand for new orders as well as factory output which caused lower numbers down to about 54.6 as opposed to 56 in november, so we are still about an expansionary territory, but going ahead it does appear that the ...