BBCNEWS World Business Report July 7, 2024
let's get down to business now. in just a few hours, the federal reserve — america's central bank — will make a decision on interest rates. it's pretty clear the cost of borrowing will go up but the question is, byjust how much. our north america business correspondent samira hussain reports from new york in the united states the cost of living has hit the highest level in more than a0 years. everything is more expensive. in the last year, the cost of food and vegetables is of more than 8%. today, £1 of beef is $5. last year it was $a.a0. the price of petrol has skyrocketed by 6...