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Transcripts For BBCNEWS Asia 20240705



the notes from the us central bank s last meetings show policy makers are feeling better about inflation. they a . ree better about inflation. they agree with better about inflation. they agree with investors - better about inflation. they agree with investors that i better about inflation. tie: agree with investors that rates are at or near the peak for this cycle. they also agree that that will come down this year. but they offer no clues as to how or when that will happen. just to remind viewers it started raising rates in march 2022. it did so 11 times, taking the benchmark weight to a range of five and a quarter to five and a half percent. inflation had dropped to 3.2% from a peak of 9.1%. new data out on wednesday showed the number of job out on wednesday showed the number ofjob openings in the united states fell to a .70 9 million in november. this points to weaker demand for labour, but it is still way above pre labels. that is consistent with the goal to slo ....

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Transcripts for BBCNEWS Asia Business Report 20240604 00:34:00

And adding to that cost is the higher prices shipping companies are paying for insurance because of the increased danger, according to blake evans pritchard from re in asia, an insurance insights platform. i spoke to him a little earlier and asked him how likely this will drive up inflationary will drive up inflationary pressure. i ve spoken to a number of brokers i ve spoken to a number of brokers about i ve spoken to a number of brokers about the - i ve spoken to a number of| brokers about the situation there. brokers about the situation there. the brokers about the situation there, the people - brokers about the situation there, the people that- brokers about the situation there, the people that sorti brokers about the situation i there, the people that sort of quote there, the people that sort of quote the there, the people that sort of quote the prices. there, the people that sort of quote the prices. they- there, the people that sort of quote the prices. they are . q ....

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