BBCNEWS Asia Business Report June 4, 2024 01:30:00
Taking a toll. hello and welcome to asia business report. i'm mariko oi. the big week for us economic news continues, as the us federal reserve�*s preferred measure of inflation will be released later today. this and more evidence of slowing inflation would boost hopes that the world's biggest economy could be headed for a soft landing. this is as the latest data showed the american economy growing 2.4% in q2, topping expecations. michelle fleury with more. personal consumer expenditures measures how people spend their money. the inflation update is one of the pieces of data watched closely ...