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a move that was expected. the cost of borrowing is now at its highest in 16 years, but is the fed finally done with rate hikes? the bbc�*s samir hussein reports from new york. inflation remain steadily high. to try and get the cost of living back down to more normal levels the federal reserve, america's central bank, has raised interest rates ten times in a little over a year, and now it seems it may be ready to perhaps take a pause. the committee will take into account the cumulative tightening of monetary policy, the legs with which it lacks inflation and economic and financial d...

a move that was expected. the current cost of borrowing now sits at five to 5.25%, the highest in 16 years. but is the fed finally done with rate hikes? the bbc�*s samira hussain reports from new york. inflation remains stubbornly high to try and get the cost of living back down to more normal levels. the federal reserve, america's central bank, has raised interest rates ten times in a little over a year. and now it seems it may be ready to perhaps take a pause. the committee will take into account the cumulative tightening of monetary policy, the lags with which monetary policy af...

just ahead, a days' long manhunt is finally over. authorities in texas capture the man accused of gunning down five of his neighbors, including a child. readying the troops, the u.s. prepares to send hundreds of service members to its southern boarder in anticipation of a massive surge of migrants. and later, tackling loneliness. the u.s. surgeon general lays out a plan to address what he calls an epidemic of isolation in an effort to improve social connections. >> live from cnn center, this is "cnn newsroom" with rosemary church. >> and thanks for joining us. well, after a four-...

the uk has struck a deal to join a trans—pacific trade pact consisting of 11 countries. together — australia, brunei, canada, chile, japan, malaysia, mexico, new zealand, peru, singapore and vietnam — account for 13% of global gdp. the pact — called the comprehensive progressive agreement for trans—pacific partnership — aims to cut or reduce 95% of import charges or tariffs. but some will be retained to protect sensitive domestic areas. the initial gains for britain will only be marginal, as it already has free trade deals with 9 of the 11 countries involved, and the gove...

together, these pacific—rim countries, which doesn't include the usa, account for 13% of global gdp. the pact, it's called the comprehensive progressive agreement for trans—pacific partnership, aims to cut 95% of import tariffs. the initial gains for the uk economy may be only marginal, that's according to the government's own estimates. here's the bbc�*s global trade correspondent, dharshini david, explinaing what that pact, is all about. cptpp is more thanjust cptpp is more than just a cptpp is more thanjust a mouthful. it is a packed between 11 nations and they are reducing ...