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Transcripts for BBCNEWS World Business Report 20240604 04:32:00

Decision ushers in a new phase in the feds battle to lower prices and follows a path carved out by central banks in countries such as australia and canada which recently announced rate hikes following a break. alpesh patel is ceo of praefinium partners here in london. there s a strange new reality here that the sooner the fed feels it can stop raising rates, the less likely it is that it will need to cut them in the future. is this the new normal for interest rates? victoria, good to see you as well. it has been way too long. i will tell you something else, with interest rates are commonly people are talking about cuts. why would they cut it? why were they even cut it next year unless we had an economic crisis or a recession. now, a recession is, by the bond market, being priced in in ....

Rate Hikes , Kalpesh Patel , Decision Ushers , Raising Rates , In London , Federal Reserve , Interest Rates , Bond Market , Something Else ,

Transcripts for BBCNEWS Asia Business Report 20240604 00:31:00

Chair to powell made clear during his press conference with us inflation running still well above the bank? 2% target, and itsjob is not yet done. figs and its job is not yet done. as an one and itsjob is not yet done. sis anyone can and itsjob is not yet done. is anyone can see, not a single person wrote down a rate cut this year, not i think it is at all likely to be appropriate if you think about it. inflation has not really down, it has not so far reacted much to our existing rate hikes, and so we re going to have to keep at it. ~ .,, we re going to have to keep at it. most officials think two rate heights it. most officials think two rate heights are it. most officials think two rate heights are needed . it. most officials think two l rate heights are needed this year, perhaps starting as early as this month. wednesday s decision ushers in a new phase to battle prices and follows a path carved out by central banks in countries such as australia and canada which recently annou ....

Press Conference , Rate Cut , Sis Anyone , Rate Hikes , Rate Heights , Decision Ushers , Central Bank ,

Transcripts for BBCNEWS Asia Business Report 20240604 23:31:00

There was not a rate cut this year there was not a rate cut this year nor there was not a rate cut this year nor is there was not a rate cut this year nor is it likely to be appropriate if you think about it. inflation has not moved down it. inflation has not moved down and it is not reacted much to our down and it is not reacted much to our interview existing rate hikes to our interview existing rate hikes so to our interview existing rate hikes so we have to keep at it. most officials think two more rate hikes are needed this year, starting perhaps as early as next month. wednesday s decision ushers in a new phase in the fed s battle to lower prices and follows a path carved out by central banks in countries such as australia and canada, which recently announced rate hikes following a break. the latest decision by america s central bank comes at a time when inflation is slowing but not as quickly as the federal reserve wants. earlier, i spoke with blerina uruci of t. rowe ....

Rate Cut , Rate Hikes , Decision Ushers , Central Bank , North America , Interest Rate Hikes , T Rowe Price , Blerina Uruci ,