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.