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BBCNEWS World July 6, 2024 - Vimarsana News

BBCNEWS World July 6, 2024

spending under control and get our economy back on track. and you have to do both. joining me now is ed price, principal analyst at ergo intelligence. both parties in full campaign mode on this legislation. do you foresee it being passed? ido i do foresee it being passed, i think that is also the conventional wisdom and i have no reason to doubt it. it would be spectacular if the us decided to default on its debt. but there was something about this merry—go—round this time that seems just this merry—go—round this time that seemsjust a this merry—go—round this time that se...

BBCNEWS World Business Report July 6, 2024 - Vimarsana News

BBCNEWS World Business Report July 6, 2024

let's update you on the fallout following the collapse of silicon valley bank. injapan today shares in its biggest banks have dropped sharply as global markets react to the banking sector sell off in the us. despite a promise from us president biden that his government would do everything needed to maintain stability. on monday americans were lining up outside their branches to access their funds. some venture capitalists in california were seen taking out their money in cashier cheques worth millions of dollars. the volatility sparked by the collapse of svb has led to speculation th...

BBCNEWS World Business Report July 7, 2024 - Vimarsana News

BBCNEWS World Business Report July 7, 2024

hello and welcome to audiences in the uk and around the world. we begin in the us where the central bank is expected to increase interest rates by another 75 basis points today which would be the fourth consecutive increase of this size. many are hoping for signs the federal reserve may soften its approach in the months ahead with markets anticipating a 0.5% rate rise in december. so what's different within the us economy that would lead the fed to change its current course? here's michelle fleury. since march the federal chair hiked the rate by three percentage points, in so doing c...