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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 Newsday July 5, 2024

welcome to bbc news, broadcasting to viewers in the uk and around the world. we start with the us secretary of state, antony blinken, who is headed to the middle east to visit israel, the west bank, and seven countries over the next week. the us state department says during mr blinken s trip, he will seek immediate increase in aid to gaza as the strip continues to deal with a humaniatarian crisis. the trip comes as the uk foreign secretary, david cameron, warns israel must allow more aid into gaza in order to avoid starvation and large outbreaks of disease. and there are reports of dozens more deaths from air strikes in southern gaza, as israel continues its military operation there. and in lebanon, people gathered for the funeral of deputy hamas leader saleh al arouri. he was killed earlier this week in an explosion. hezbollah a powerful iranian backed group in lebanon has blamed that attack on what it says was flagrant israeli aggression . israel has not commente ....

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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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BBCNEWS World July 5, 2024

if you have joined if you havejoined us, you are welcome and we are looking at the top business stories. we start here in the uk, where there is some relief for millions of people facing soaring housing costs. lenders have started the new year by slashing the cost of mortgages as financial markets bet the bank of england will soon begin to cut interest rates from their 15 year high. from today banking giant hsbc becomes the first major lender to bring back mortgages below 4% since last march. it comes as rival halifax slashed almost a percentage point off some of its mortgage rates this week. and it s raised hopes of a price war between banks. hsbc is offering a five year fixed rate mortgage at 3.94%. it s only available to people remortgaging their home not to first time buyers. but it s far below rates of almost 6.5% that borrowers were facing just a few months ago. and it will be a welcome development for many uk households as our cost of living correspondent kevin ....

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FOXNEWSW Americas July 5, 2024

race this week. welcome to a new hour of america s newsroom, i m dana perino. bill hemmer is off today. great to have you with me. bill: i m bill melugin. at this time president biden set to start actively holding campaign events. voters who put him in office will have resumed paying their student loans, which he promised to eliminate. but for now there is little sign of biden out on the campaign trail following a series of stumbles, trips and falls in public and that has some democrats defending the president s health and his age. i think that joe biden rightly says that he has grown very wise in his many decades in public office and i respect that. so i think that he deserves to be judged by the results of his administration and what he has gotten done in terms of a bipartisan infrastructure law, the inflation reduction act. lowering prescription drug prices. that s what should matter. jack dorsey who started twitter now says on twitter open the democrat prima ....

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