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BBCNEWS World Business Report June 4, 2024 05:31:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 05:31:00

Warns france's president macron — ahead of talks withjoe biden. and prices are soaring around the world — but what's the most expensive city to live in? we'll get the results of the economist's annual survey. we start in the us, where shares on wall street have surged after comments from the head of the federal reserve that the pace of interest rate rises could be about to ease. jerome powell told a conference at the brookings institution in washington that the fed was "slowing down" — after four steep rate hikes in a row. michelle fleury has more.

BBCNEWS World Business Report June 4, 2024 05:40:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 05:40:00

Subsidies for us firms — for electric vehicles, batteries and renewable energy projects — to the tune of $370 billion. on wednesday president macron described the policy as �*super aggressive' towards french business — and said the subsidies could �*split the west'. nick loris is vice president of public policy at c3 solutions — formerly known as the conservative coalition for climate solutions — which is a climate change lobby group in the us. good to have you on the programme. it is not president macron calling at the us as being protectionist, simple as that? , a, , that? he i...

BBCNEWS World Business Report June 4, 2024 05:39:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 05:39:00

Figure for last month it's quite clear that we are starting to see a move to the downside. we have another inflation event but that comes one day before the fed meeting so there will still be a small lack of clarity in the interim but the early signals are certainly good. we are seeing it across the survey data, supply chains much improved, that will have a deflationary impact. many people are now pointing to the us and saying there is a risk of deflation as much as high inflation if the federal reserve continues to be as aggressive as it has been. policymakers are very aware which is what mak...