Page 2 - Consumer Perspective News Today : Breaking News, Live Updates & Top Stories | Vimarsana

in the united states where the central bank, the us federal reserve, has raised the cost of borrowing for the tenth time. the quarter—percent rise puts the fed's main interest rate at between 5 and 5. 25% — the highest it's been in 16 years. but has it done enough to tame inflation? or with banks struggling and recession looming, has the fed gone too far? our north america business correspondent samira hussain reports from new york. inflation remained stubbornly high, to try to get the cost of living back down to more normal levels the federal reserve has raised interest rates te...

attended the inauguration of the new bank in shanghai on thursday. the new development bank is set up by the brics group, and president lawler said the new financial institute freeze developing countries from establishment. a business reporterjoao da silva has more on the significance of this trip. the goal, in his own words, is to strengthen the relationship and at least when it comes to business ties already significant, china's brazil's biggest export market, each year buying tens of billions of dollars worth of natural resources and agricultural products, including soybeans, iron...

flanders and claire barrett. we have got stephanie flanders from bloomberg economics on the podcast. hello. hello, hello. and another friend of the podcast, claer barrett, from the financial times. thank you for having me. i'm glad you're here, so, interest rates at 3%, stephanie. gives a sense of how that feeds into real lives. in gives a sense of how that feeds into real lives.— into real lives. in terms of money that _ into real lives. in terms of money that is _ into real lives. in terms of money that is about - into real lives. in terms of money that is about 2 - into real liv...

2 million people in this country who are on a variable rate mortgage who will immediately see the impact of that 0.75% rise we have had today. the biggest since the '80s or '90s depending on who you believe. and for somebody with the average size mortgage, just from today's rise, but of course, that's the eighth rise we have had in succession from the bank of england. there's more pain to come for around 2 million people you roll off their mortgage fixed rates next year. they might see an even bigger rise because they're on a really low rate now and it'll probably be higher than it i...

and grief i feel every day? and we meet the british woman who, after 30 years in hollywood, is one of the most powerful figures in the world of entertainment. within the past few hours, japan's coast guard and the south korean news agency yonhap have both said that north korea has fired two ballistic missiles off its east coast, which appear to have landed in the sea outside japan's exclusive economic zone. this comes just after the united nations security council held an emergency meeting to discuss north korea's test firing of another ballistic missile overjapan on tuesday. that mi...