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BBCNEWS World July 1, 2024

chairjerome powell suggested as much. as we approach the end of the year, it s natural to look back on the progress that has been made toward our dual mandate objectives. inflation has eased from its highs, and this has come without a significant increase in unemployment. these are things we want to see. why might the rate hiking cycle has included 11 increases. government data showed inflation dropped from 9.1% in mid-2022 to 3.1% in november. that is above the target of 2% and jerome powell cautioned the committee had not ruled out raising rates again in the future. for wall street the dowjones international average jumped to record close. this is the third time in a row of the central bank decided against another rate hike. for investors satisfied with what the fed has done is when it will start cutting rates? there is a lot to digests in america big questions about whether a cut is likely. we will talk about that than i want to come onto the uk and europe. what is y ....

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BBCNEWS World July 1, 2024

earl to it s coming. wait for it. it is to early to spectate it s coming. wait for it. it is to early to spectate by it s coming. wait for it. it is to early to spectate by cutting - early to spectate by cutting interest rates, we have to see more progress, i m encouraged by the progress, i m encouraged by the progress that we have seen but it is too early to start speculating that we will be cutting soon. weight it was worth waiting for. victoria scholar, head of investment, interactive investor we heard from the bank of england, let s talk about the ecb and the bank of england, no great surprise rates didn t move. what everyone is pouring over is any indication about when rates might come down, as we heard there we shouldn t get our hopes up, should be? heard there we shouldn t get our hopes up, should be? know, for uk money markets. hopes up, should be? know, for uk money markets, they hopes up, should be? know, for uk money markets, they are hopes up, sho ....

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BBCNEWS World July 1, 2024

federal reserve believe interest rates are at or near their peak, even going as so far to signal of three possible because next year as us inflation continues to receive from its ao year high. during his frescoes, jerome powell suggested as much. we his frescoes, jerome powell suggested as much.- suggested as much. we are seeinu suggested as much. we are seeing strong suggested as much. we are seeing strong growth - suggested as much. we are seeing strong growth that l seeing strong growth that appears to be moderated, a labour appears to be moderated, a labour market that is coming back labour market that is coming back in labour market that is coming back in the balance by so many measures back in the balance by so many measures and we are seeing inflationary progress. this is what inflationary progress. this is what we inflationary progress. this is what we have been wanting to see what we have been wanting to see. y . ., what we have been wanting to see. .., . ....

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BBCNEWS Asia July 1, 2024

mid-2022 from its peak of 1.9% in mid 2022 tojust 3.1% from its peak of 1.9% in mid 2022 to just 3.1% in november. that is above the beds target of 2% and jerome bed s target of 2% and jerome powell cautioned the committee had not ruled out raising rates again in the future. still, wall street, all three markets finished higher and the dow jones industrial average jumped more than 500 points to a record close. this is the third time in a row after all that central bank decided against another rate hike. for investors are satisfied that the fed is done, the only question on their minds is when will the fed start cutting them? what happened in the us overnight? i talked to someone from t rowe price earlier and asked her what the fed s decision means the rest of the world. j decision means the rest of the world. ~ , , ., , world. i think this is a very aood world. i think this is a very good question world. i think this is a very good question on - world. i think this is ....

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BBCNEWS Breakfast July 2, 2024

a hero s welcome for kevin sinfield as he finishes day two of seven ultra marathons in seven days to raise awareness for mnd. we know that the rugby community care about people that need them in this event, this community really needs you. what we have seen today is some unbelievable support. it s sunday december 3. good morning. our main story today: a major incident has been declared by police in cumbria after heavy snowfall caused huge disruption and challenging conditions on the roads. people are being urged to stay away from the county and only travel unless it is necessary. meanwhile, a yellow weather warning has been issued across the midlands, northern england and wales. with the latest, here s louisa pilbeam. north west of england has seen up to 15 centimetres of snow in the 2a hours. kendall, cars came to a standstill. on the motorway, drivers were stuck for hours. in grasmere, more people were stranded in their vehicles. and in ambleside, these scenes when dr ....

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