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BBCNEWS Asia July 5, 2024 - Vimarsana News

BBCNEWS Asia July 5, 2024

it's a sign that the federal reserve�*s moves to raise interest rates to slow down inflation seems to be working, but analysts still think america's central bank will raise interest rates one more time at their next meeting. now, the cooler inflation is good news for consumers, but it's also good news for us presidentjoe biden, who touted the administration's efforts to bring prices down. now, he is facing re—election next year and being able to control inflation without pushing the economy into a recession will be key if he wants another four years in the white house. samira hus...

BBCNEWS Asia Business Report June 4, 2024 23:32:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 23:32:00

Supply chains have been restored around the world and consumers are able to get the stuff they want to buy. one of the things the fed is concerned with is that even though the headline numbers are down to 3%, way down from 9%, the court rate of inflation which is excluding the food and energy components is still high. nowhere near the 2% target. we have a good down payment but i think we have yet to see convincing evidence that the turn has actually arrived in a convincing way.— turn has actually arrived in a convincing way. what does that mean for the _ convincing way. what does that mean f...