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BBCNEWS World July 6, 2024



in the united states where the central bank, the us federal reserve, has raised the cost of borrowing for the tenth time. the quarter percent rise puts the fed s main interest rate at between 5 and 5. 25% the highest it s been in 16 years. but has it done enough to tame inflation? or with banks struggling and recession looming, has the fed gone too far? our north america business correspondent samira hussain reports from new york. inflation remained stubbornly high, to try to get the cost of living back down to more normal levels the federal reserve has raised interest rates ten times in a little over a year, now it seems it may be ready to perhaps take a pause. the committee perhaps take a pause. the committee will perhaps take a pause. the committee will take - perhaps take a pause. the committee will take into account the cumulative tightening of monetary policy, le-s tightening of monetary policy, legs with which policy affects economic activity and inflation ....

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BBCNEWS World Business Report June 4, 2024 04:37:00

.5%, are we expecting them to go .5%, are we expecting them to 9° up .5%, are we expecting them to go up again today? .5%, are we expecting them to go up again today? yes, that is the simple go up again today? yes, that is the simple answer, go up again today? yes, that is the simple answer, we - go up again today? yes, that is the simple answer, we have . go up again today? yes, that is| the simple answer, we have had some data from the eurozone regarding patient this week, inflation in the euro so remains very sticky, it went higher to 7%, and core inflation, which is one of the eurozone follows closely which strips out volatile items such as viewed in full, went slightly lower to 5.6 off the record hi. still it is well above the ecb target 2% rate, the big question will be will it be a 25 basis point rate hike for a 50 basis point rate hike, we think with the growth of 0.1%, really that is stalled, and we have seen credit loan demand in lending his ready tightened, there is pr ....

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