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BBCNEWS Asia Business Report June 4, 2024 00:32:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 00:32:00

Back on spending and hiring. the housing market is slowing both areas sensitive — to changes in interest rates. and more pain may be coming. america's central bank was tipped to raise rates again this week, in what was expected to be its last hike for a while. but after the collapse this week of first republic bank, some are speculating it may already be done, with the fed having to manage inflation growth and now financial stability concerns. slowing the economy too much could lead to a recession. and with inflation moderating and problems with us regional banks still unresolved, america's ...

BBCNEWS World Business Report June 4, 2024 04:32:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 04:32:00

Manufacturing business in new york is seeing firsthand. right now we are — york is seeing firsthand. right now we are expecting - york is seeing firsthand. right now we are expecting some i now we are expecting some softness in the marketplace for six months or so. we are seeing softness in terms of demand. the commitment for long—term blanket orders, we are not seeing either so we are having some challenges with that. american businesses are pulling back on spending and hiring. the housing market is slowing, both areas sensitive to changes in interest rates and more pain could be coming. ...

BBCNEWS Asia Business Report June 4, 2024 01:32:00 - Vimarsana News

BBCNEWS Asia Business Report June 4, 2024 01:32:00

Back on spending and hiring. the housing market is slowing — both areas sensitive to changes in interest rates. and more pain may be coming. america's central bank was tipped to raise rates again this week, in what was expected to be its last hike for a while. but after the collapse this week of first republic bank, some are speculating it may already be done, with the fed having to manage inflation growth and now financial stability concerns. slowing the economy too much could lead to a recession. and with inflation moderating and problems with us regional banks still unresolved, america's ...

BBCNEWS Politics Live June 4, 2024 10:36:00 - Vimarsana News

BBCNEWS Politics Live June 4, 2024 10:36:00

Financial stability concerns. slowing the economy too much could lead to a recession and with inflation moderating and problems with us regional banks still unresolved, america's central bank may feel that after this week it is time to hit pause to see if after nine rate hikes, they have done enough. one thing they will be watching, the cost of food. while products like eggs have come down in price, they remain historically high. one us economist said the inflation fight has yet to be won. i don't think the inflation battle is over but we are in a situation in which we are seeing gradual disin...

BBCNEWS World Business Report June 4, 2024 13:36:00 - Vimarsana News

BBCNEWS World Business Report June 4, 2024 13:36:00

Financial stability concerns. slowing the economy too much could lead to a recession and with many unresolved problems america's central bank might feel like after this week it is time to hit pause to see if they have done enough after nine rate hikes. one thing they will be watching, the cost of food. products like eggs have come down in price but remain historically high. one us economist says the inflation fight has yet to be won. i one us economist says the inflation fight has yet to be won.— fight has yet to be won. i don't think the inflation _ fight has yet to be won. i don't think th...