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Inflation has been much better behaved in the second half of the year. Headline inflation is down to 3. 1 . For prices rose last month of 0. 3 from october, a 3. 5 annualized rate. Is inflation to vanquish . It meaningfully coming down, and i see no reason on the path we are current me on why inflation should not gradually declined to levels that are consistent with the feds mandate and target, so supply chain issues that resulted from the pandemic and mismatches in disruption and labor markets both seem to be healing. As that happens, inflation moves down. The labor market, well it remains st...

Order. Without objection, share off the rise to the clearer recess at anytime. This hearing is entirely on youll test when it secretary the treasury of the state of the International Financial system. Without objection, all members of five minutes within which to submit extraneous into aerials to the chair for inclusion in the record. I will note of the outset of this hearing we have a hard stop as a crew to see the secretary at one pm this afternoon. We will strictly observe it. Now i recognize myself for four minutes to get an opening statement. Welcome, secretary yellen. I appreciate you be...

Of the Television Providers give you a front row seat to democr up next United Nations secretary general Antonio Guterres talks about Artificial Intelligence technology, Climate Change and the russiaukraine and israelhamas wars. He speaks of the World Economic forum in davos, switzerland. [applause] excellencies, ladies and gentlemen, thank you very much for your warm welcome. Its good to be back, to be back and to see davos highlighting the Global Crisis in trust. I believe this crisis is the direct result of a paradox facing our world. In the face of the serious, even existential threats pos...

Bank spring meetings, which could lead that kicked off on monday in washington. Our North America correspondent is there and has a preview of those meetings. High inflation continues to plague countries around the world. Central bankers are raising Interest Rates to try and slow down those price increases. As a result however, we have some of the weakest Growth Projections by the International Monetary fund since the 1990s. With the Worlds Finance Ministers and central bankers all meeting in washington this week the increasingly fragile Global Economy will certainly be the focus along with way...

john kerry speaks exclusively to the bbc to outline what the us is doing to help save brazil's amazon rain forest. it will cost all of us much more money not to respond and make this transition now. it's seven in the morning in singapore, and 6pm in washington where a powerful house committee is debating wether to allow president biden to completely ban the chinese—owned app, tiktok, which is used by more than 100 million americans. the white house has already ordered government agencies to wipe tiktok off federal devices within 30 days. and it's notjust the us. the european parlia...