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BBCNEWS World July 5, 2024

badly. the data however paints a different picture. the us economy grew 2% in the first three months of this year. that is almost double initial estimates. consumers spend more, exports held up and prospect for the second quarter also look better with the housing market focused on recovery and subsidies for semiconductor and electric car parts beginning to kick in. the challenge for america s central bank is to keep inflation trending down. data due out later this friday from the us commerce department is likely to confirm prices are cooling. but with inflation still stubbornly hire, policymakers here as in many other developed economies are not done raising interest rates. susannah streeter is senior investment analyst at hargreaves la nsdown. susannah, biden is obviously on a re election campaign. but if we look at his economic track record as president, how successful have his policies been? well, the problem that the us has faced, as have other economies around the ....

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BBCNEWS World Business Report June 4, 2024 04:36:00

Billion in extending funding facility for the imf. what has happened now is that it will instead move to a standby facility under which it is going to get this $3 billion over a period of nine months as i understand, and this kind of a facility generally has a smaller time period, as well as relatively more flexible terms, which i think is going to be of course easier, a little bit easierfor course easier, a little bit easier for pakistan. course easier, a little bit easierfor pakistan. an easier for pakistan. an immediate easierfor pakistan. an immediate disbursement of course pending imf board level approval, which possibly will come sometime by mid july, is going to release a little over $1 billion for pakistan immediate time period, which of course is critical and important, notjust because of the money that they get, but also because the imf acts as a very important guarantee, it is more often credibility arrangement if you will for other lenders to actually be ....

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