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the notes from the us central bank's last meetings show policy makers are feeling better about inflation. they a . ree better about inflation. they agree with _ better about inflation. they agree with investors - better about inflation. they agree with investors that i better about inflation. tie: agree with investors that rates are at or near the peak for this cycle. they also agree that that will come down this year. but they offer no clues as to how or when that will happen. just to remind viewers— it started raising rates in march 2022. it did so 11 times, taking the benchmark ...

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...

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...

in tel aviv, demanding that israel's government restart negotiations. prime minister benjamin netanyahu says israel's military campaign in gaza will continue, but that it is working with qatar and egypt for a possible deal. the israel defense forces on saturday admitted three men were mistakenly killed in gaza while holding a white cloth on a stick, indicating surrender. an idf official says a soldier felt threatened and opened fire after misidentifying them as "terrorists". prime minister benjamin netanyahu said the hostage deaths "broke his heart". translation: we will draw i the l...

to respond to local government debt and real estate troubles. another priority is to get financial regulators to work more closely together so they can co—ordinate the event of an economic shock. janet yellen is slowly emerging as a key player in the biden administration's handling of this challenging relationship between the world's two superpowers and she said she plans to visit china again and she said she plans to visit china again next year, her second visit since july. china industrial output grew 6%, faster than the 4.6% gain in october. retail sales also grew but missed for...