BBCNEWS World July 6, 2024
hello i'm sally bundock with the top business stories. let's start with the us central bank, because everybody is asking will the federal reserve raise rates one more time? or will it take a break? as the fed wraps up its may meeting inflation isn't the only worry, the turbulence at first republic has revived fears about credit conditions. another area of concern is the labour market, which is showing signs of cooling. interest rates currently stand at li—point 75%, so what will america's central bank do and say? michelle fleury reports from westchester, new york. losing momentum, ...