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BBCNEWS Asia July 5, 2024

as inflation cools. from new york, our north america business correspondent michelle fleury sent this report. the december notes from the us central banks last meeting showed policymakers are feeling better about inflation. they agreed with investors that interest rates are at or near the peak for this cycle. they also agree it will come down this year. but they offered no clues as to how or when that will happen. to remind viewers, the federal reserve started raising rates in march 2022 to tame inflation. it did so 11 times, taking the benchmark rate to 5.5%. inflation, by the time of the last meeting, had dropped to 3.2% from a peak of 9.1%. meanwhile, new data out on wednesday showed the number ofjob openings in the united states fell to 8.79 million in november. this points to weaker demand for labour but is still well above pre covid levels. that is consistent with the fed s goal. to slow the economy without triggering a nasty recession. the feds first rate setting ....

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FOXNEWSW FOX July 5, 2024

ainsley: miami governor running for the white house. it would be disastrous for us to decouple from china. antony blinken the travel to china as his counterparts criticize the u.s. no reason to talk with china right now. work across the country to place service dogs with veterans. raise awareness, get volunteers, we re new york-based. steve: 8:01. straight to fox news alert. marine vet daniel penny indicted on second-degree manslaughter charges in the death of jordan neely last month. ainsley: penny says he acted in self-defense after jordan neely said he was going to kill him. brian: todd piro will break it down. todd: the indictment is under seal, the da is expected to announce his indictment this morning. new york mayor eric adams saying, i appreciate da alvin bragg conducting a thorough investigation, i have the utmost faith in the judicial process and the grand jury has indicted grand jury, a trial and justice can move forward. penny has been out ....

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BBCNEWS Asia July 5, 2024

fleury sent this report. the december notes from the us central bank s last meeting showed policymakers are feeling better about inflation. they agreed with investors that interest rates are at or near the peak for this cycle. they also agree it will come down this year. but they offered no clues as to how or when that will happen. to remind viewers, the federal reserve started raising rates in march 2022 to tame inflation. it did so 11 times, taking the benchmark rate to 5.5%. inflation, by the time of the last meeting, had dropped to 3.2% from a peak of 9.1%. meanwhile, new data out on wednesday showed the number ofjob openings in the united states fell to 8.79 million in november. this points to weaker demand for labour but is still well above pre covid levels. that is consistent with the fed s goal. to slow the economy without triggering a nasty recession. the feds first rate setting meeting this year starting january 30. investors are holding their breath is benefi ....

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BBCNEWS Asia July 5, 2024

correspondence sent this report. the december note on the us central banks asked meeting showed policymakers are feeling better about inflation. they agreed with investors that interest rates are at or near the peak of the cycle. they also agree it will come down this year. they offered no clues as to how or when that will happen. to remind viewers come at the federal reserve started raising rates in march 2022 to tame inflation. it is so 11 times, taking the benchmark rate to 5.5%. inflation by the time of the last meeting had dropped to 3.2% from a peak of 9.1%. meanwhile, new data out on wednesday showed the number of job openings in the united states fell to 8.79 million in november. this points to weaker demand for labour but is still well above pre covid levels. that is consistent with the fed s goal. to slow the economy without triggering a nasty recession. the feds first ratesetting meeting this year starting january 30. that disappointment is reflected in how u ....

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FOXNEWSW America July 5, 2024

an end to the conflict as soon as possible and focus on confronting china. john: self-proclaimed political outsider has announced radical policy ideas, as he tries to make inroads with republican voters. will it make him stand out, we will ask him coming up. sandra: as we await that, begin with the leaders of the house oversight committee about to speak in front of those microphones moments from now after finally getting their hands on the infamous fbi whistleblower complaint that allegedly describes a criminal scheme involving then vice president joe biden. hello, welcome, everyone, sandra smith as we kick off a new week here in new york. john: busy already, john roberts in washington. this is america reports. james comer subpoenaed the document in question over a month ago that christopher wray has pushed to keep congress from getting the actual document, arguing it could jeopardize the safety of the source. sandra: republicans have countered they are not in ....

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