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Transcripts For BBCNEWS World 20240705

lower but to put that into context it was at zero in europe this time last year. and in the world s largest economy the us, the cost of borrowing is at 5% to 5.25%. but critics point out rising interest rates is a blunt tool that comes with its own set of dangers that can pose further risks to the economy. so what else can be done? well, central bankers are getting together today in portugal to chew over this challenge. joining me now isjennifer mckeown chief global economist at capital economics. good morning to you, jennifer. so it s a lovely location, portugal, you got christine lagarde there, andrew bailey, jerome powell among others, what do you think they will chew on? of course they re all increasing the cost of borrowering and in some places like the uk, so far it s having little effect. little effect. yeah, you re ri . ht. little effect. yeah, you re right. beautiful little effect. yeah, you re right. beautiful location, | little effect. yeah, you rel rig ....

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WATCH: KOA's O'Rourke at RV Ind. Power Breakfast – Woodall's Campground Magazine

WATCH: KOA's O'Rourke at RV Ind. Power Breakfast – Woodall's Campground Magazine
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Morgan Stanley On Japan In Rome

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero ....

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Insights and optimism abound at 3rd Saudi Capital Market Forum

Insights and optimism abound at 3rd Saudi Capital Market Forum
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US Fed meet outcome today: Can Powell soothe nerves of D-Street? Here's what experts feel

The US Federal Reserve is expected to maintain the federal funds rate unchanged at the conclusion of its monetary policy meeting. Investors are focused on the Fed s stance on quantitative tightening and its guidance on rate cuts in 2024. Recent economic data showed strength in the US economy, but the battle against inflation continues. ....

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