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BBCNEWS Asia July 5, 2024 - Vimarsana News

BBCNEWS Asia July 5, 2024

and it has fallen pretty sharply from its peak of more than 9% injune of last year. it is 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 is also good news for us presidentjoe biden, who touted the administration's efforts to bring prices down. now, he's facing re—rlection next year and being able to control inflation without pushing the economy into a...

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

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

That is the ultimate question at the fomc and all the central banks around about asking themselves, has it peaked? a lot of the inflation decreases have come about because supply chain to become restored around the world and consumers are able to get the kind of stuff they want to buy but one of the things defence is concerned with, even though the headlines numbers are down to 3%, way down from nine, the core rate of inflation, excluding the bulk of it energy component is still pretty high, nowhere near the 2% target. we have a good downpayment but i think we have yet to see convincing eviden...