BBCNEWS World July 2, 2024
welcome to our look at the top business stories. i'm lukwesa burak. today, global markets will be watching the latest us inflation data for clues as to whether the federal reserve might move again on interest rates. inflation was 3.7% over the 12 months to september — which is the same rate recorded for august. while inflation has cooled significantly from last year, it remains higher than the 2% target. this month, the us central bank held its key interest rate at its current 22—year high as it seeks to stabilise price rises, which had recently reached near—record levels. join...