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BBCNEWS Asia July 2, 2024



after aggressively raising interest rates for the last year and a half, the federal reserve believes it s in a place where it can leave rates, where they are to cool the economy and to slow inflation from its current 3.7% on a yearly basis to closer to 2%. but even though america s central bank opted not to hike right now, fed chairjerome powell suggested officials are prepared to do more if inflation flares again. the idea that you wouldn t would difficult to to raise again after stopping for a meeting or two is just not right. i mean, the committee will always do what what it thinks is appropriate at the time. right now, things look good, even though it s pricey for americans to get a mortgage or carry credit card debt. growth was stronger than expected over the summer. the world s largest economy is still adding jobs on a monthly basis. and the government s latestjobs report is due out this friday. fed staff also don t see a recession, so they don t want to rock the ....

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BBCNEWS World July 2, 2024



the highest it s been in 15 years. but last month, the bank s rate setting committee narrowly voted to keep it unchanged. and it s widely expected to do the same again today as evidence grows of the strain that high borrowing costs are putting on the economy and the housing market. here s our cost of living correspondent colletta smith. this is my monthly dining out, put that in as a reminder. ebony is doing all the right things. ebony is doing all the right thins. , ., , ., ., things. this month they have a savin: things. this month they have a saving goals things. this month they have a saving goals towards things. this month they have a saving goals towards my - things. this month they have a i saving goals towards my house buying savings. she saving goals towards my house buying savings- buying savings. she and her artner buying savings. she and her partner saving buying savings. she and her partner saving carefully - partner saving carefully putting cash int ....

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BBCNEWS The July 2, 2024

that is very important. yeah, i m grateful to this today. south africa have started a four day victory parade after their triumph at the rugby world cup. thousands of fans lined the streets in the capital city pretoria to get glimpse of the team and the webb ellis trophy. the springboks are the first nation to win the world cup four times they will also take the trophy to cape town, durban and nelson mandela bay over the next three days. we as a team, we chose to dedicate this world cup to you because you, honestly, you are the reason we are where we are today. the way that you don t give up, with how hard you work. the things that you went through to be what you are in life, your support really kept us going. the referee in the world cup final, wayne barnes, has retired from the sport. he took charge of his first match in 2006 and the paris final was his 111th test which is a record. he officiated in five world cups and numerous domestic and european finals. jannik sinner ....

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BBCNEWS BBC July 2, 2024



the court at the time. cot. extraordinary stories coming from the channel islands which are suffering the worst of the storm. all areas of the uk seem to be suffering and some way and 68 flood warnings in place at the moment and hundred 67 flood warnings across the uk. 68 flood warnings. we will bring you plenty more. rishi sunak spoke to reporters in the last few minutes about the ai summit. , ., ., , , ., ~ ., summit. great to speak from bletchley summit. great to speak from bletchley park summit. great to speak from bletchley park which - summit. great to speak from bletchley park which is - summit. great to speak from | bletchley park which is where summit. great to speak from - bletchley park which is where the great scientist alan turing broke the enigma code.. today it is focusing on al safety. ai has the potential to transform all their lives and thanks to the actions we have taken this week the uk has the chance to be the forefront of that change. d0 chan ....

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BBCNEWS Asia July 2, 2024



place it can leave rates where they are, to cool the economy and slow inflation from its current 3.7%, to closer to 2%. even though america s central bank opted not to hike right now, fed chairjerome powell suggests they are prepared to do more. , do more. the committee will alwa s do more. the committee will always do do more. the committee will always do what do more. the committee will always do what it do more. the committee will always do what it thinks - do more. the committee will always do what it thinks is i always do what it thinks is appropriate at the time. right now, appropriate at the time. right now. things appropriate at the time. right now, things look appropriate at the time. right now, things look good. - appropriate at the time. right now, things look good. even i now, things look good. even though it s pricey for americans to get a mortgage or carry credit card debt, growth was stronger than expected over the summer, the world s largest e ....

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