But not sprinting. He is also concerned about Economic Uncertainty triggered from the conflict between israel and hamas as the death toll continues to rise. The bbc s economics editor Faisal Islam Sat down with him and asked if the Global Economy was heading in the right direction. In the right direction. Well, thins in the right direction. Well, things are in the right direction. Well, things are going in the right direction. Well, things are going in in the right direction. Well, things are going in the in the right direction. Well, | things are going in the right direction. What we are seeing is despite these large shocks that you describe, the World Economy is still standing. No global recession, you know, no massive slowdown that would put us into huge unemployment rates. We havent seen that. We have seen a surge in inflation, but inflation is sort of coming down now, both Headline Inflation and core inflation, so thats the good news, things are improving, the Global Economy has b
He is also concerned about Economic Uncertainty triggered from the conflict between israel and hamas as the death toll continues to rise. The bbc s economics editor Faisal Islam Sat down with him and asked if the Global Economy was heading in the right direction. Well, things are going in the right direction. What we are seeing is, despite these large shocks that you describe, the World Economy is still standing. No global recession, you know, no massive slowdown that would put us into huge unemployment rates. We havent seen that. We have seen a surge in inflation, but inflation is sort of coming down now, both Headline Inflation and core inflation, so thats the good news, things are improving, the Global Economy has been resilient. At the same time, the Growth Numbers we have, around 3 this year, 2. 9 for next year, this is way below historical average. So the Global Economy is limping along, its not sprinting but its been resilient. Right. Do you from this point see there are areas w
tx) outside the courthouse just shortly after the jury was selected, a man set himself on fire. police say the man threw conspiracy based pamphlets into the air before dousing himself in liquid, and setting himself alight. authorities say the man is alive in hospital but is in critical condition. officials do not believe that he was targeting any person or group. a key member of the us federal reserve, which sets american interest rates, says the us is in no hurry over cutting interest rates. rafael bostic, the president of the atlanta fed, said the much stronger than expected us economy and jobs market had kept inflation too high to cut rates for now. expectations of delays to us rate cuts have hit world markets in recent days. 0ur economics editor faisal islam sat down with mr bostic ahead of the international monetary fund s spring meeting here in washington i have been saying for a long time that i expect the us economy to be strong, to continue to be strong, but not quite