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BBCNEWS Asia July 5, 2024 - Vimarsana News

BBCNEWS Asia July 5, 2024

hovering around 2%. right now, it sits somewhere around 4%. that's certainly better than where it was last year. somewhere above 8.5%. but it is still not good enough. and it's why the fed chair jerome powell has said more interest rate hikes seem pretty likely. in may, the 12 month change in the cpi came in at 4.0% and the change in the core cpi was 5.3%. inflation has moderated somewhat since the middle of last year. nonetheless, inflation pressures continue to run high and the process of getting inflation back down to 2% has a long way to go. the theory is by making it more expens...

BBCNEWS Asia Business Report June 4, 2024 01:37:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 01:37:00

Both will be looking to build on that by ironing out existing differences over tariffs on some commodities. to round up the trip prime minister modi will also be meeting members of the 4.4 million strong indian american community. twitter is facing a lawsuit that it failed to pay workers millions in bonuses. it was filed by a former director of compensation who alleged that after elon marsh bought twitter, the company promised employs 50% of their target bonuses for 2022 but the payments never materialised. 0nto the paris airshow, where european aerospace giant airbus has had plenty to celebra...