Policy Pivot News Today : Breaking News, Live Updates & Top Stories | Vimarsana

hovering around 2%. right now, it sits somewhere around 4%. that's certainly better than where it was last year. somewhere above 8.5%. but it is still not good enough. and it's why the fed chair jerome powell has said more interest rate hikes seem pretty likely. in may, the 12 month change in the cpi came in at 4.0% and the change in the core cpi was 5.3%. inflation has moderated somewhat since the middle of last year. nonetheless, inflation pressures continue to run high and the process of getting inflation back down to 2% has a long way to go. the theory is by making it more expens...

right now, it sits somewhere around 4%. that's certainly better than where it was last year. somewhere above 8.5% but it is still not good enough. and it's why the fed chair jerome powell has said more interest rate hikes seem pretty likely. in may the 12 month change in the cpi came in at 4.0% and the change in the core cpi was 5.3%. inflation has moderated somewhat since the middle of last year. nonetheless, inflation pressures continue to run high and the process of getting inflation back down to 2% has a long way to go. the theory is by making it more expensive to borrow money it...

hello and welcome to "inside politics." i'm john king in washington. thank you for sharing another very busy news day with us. on notice, six more lenders get put on a watch list following the bank intervengs. new inflation numbers today make the challenge even more complicated. the inflation playbook says raise them again. plus the anterior of reagan no more. gop presidential hopeful ron desantis says russia's assault on ukraine and its democracy is not a vital u.s. interest. it's a flip tlop for the governor that puts him in sync with today's gop. and blame mike pence. donald tru...

have a series of reports looking at life in afghanistan. also on the programme: more than 80,000 tourists are stranded in a chinese resort, after a coronavirus outbreak sparks a lockdown. and the icelandic volcano spewing out lava and molten rock, that's become a hit with tourists. live from our studio in singapore, this is bbc news — it's newsday. hello and welcome to the programme. there were tears ofjoy amongst democrats in the us senate as a landmark bill to tackle climate change was passed. after more than a year of intense wrangling, the sweeping reforms are being seen as a m...

China’s emphasis on technology and stability over short-term growth provides investors with a chance to put their capital to work in industries positioned to benefit from the policy pivot, Saxo Markets’ Redmond Wong says.