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Transcripts For BBCNEWS BBC 20240706

the latest. hello. leeds are set to sack managerjavi gracia. they are in talks to bring in former england boss sam allardyce. director of football victor orta has also left the club. leeds are only the above the drop zone on goal difference. alla rdyce allardyce worked with the leeds chief executive at west ham and would become the fourth manager this season. gracia wonjust three of his 12 games in charge. they have four games to go this season. arsenal can go back to the top of the premier league later with a win over london rivals chelsea. the blues have lost five out of five, under interim boss frank lampard, and arsenal will hope that extends to six. but arteta says the club must be pleased with qualifying for the top four and having a chance at the title at this stage in the season. because we have achieved what was difficult to achieve, and we can still achieve the premier league, because there are five games to go, and lots of things will happen. we have to forget what

Transcripts for BBCNEWS BBC News 20240604 15:38:00

inflation is dependent on the supply chain and is also improving but the real problem is services because labour markets remain resilient, wage growth is high, and that forces the european central bank to maintain restrictive monetary policy, to force the slowdown in the european economy. that policy, to force the slowdown in the european economy. european economy. that seems so counterintuitive european economy. that seems so counterintuitive but european economy. that seems so counterintuitive but it european economy. that seems so counterintuitive but it is european economy. that seems so counterintuitive but it is a - european economy. that seems so counterintuitive but it is a very - counterintuitive but it is a very blunt tool to try to tackle this problem. central banks are saying we will make you poorer to stop you going out and spending and therefore pushing up inflation even more. there must be a better solution? unfortunately there isn t, if your economic engine ove

Transcripts for BBCNEWS BBC News 20240604 15:39:00

to slow the speed. then you will have more long term damage. better accept a cooling of the economic engine, a slowdown of the economy, hopefully down the road we can get back to more normal economic conditions. we back to more normal economic conditiona back to more normal economic conditions. ~ ~ ., ,, , conditions. we know the issue is central banks conditions. we know the issue is central banks are conditions. we know the issue is central banks are looking - conditions. we know the issue is central banks are looking at - conditions. we know the issue is| central banks are looking at what happens next, they will make the decision now that will take time to be felt, yet the inflation figures we are talking about have already happened so it is a calculated gamble? happened so it is a calculated ramble? , , . ., gamble? yes, these central banks are robabl gamble? yes, these central banks are probably happy gamble? yes, these central banks are probably happy to gamble? yes, the

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