Its high Interest Rates. North America Business correspondent Erin Delmorejoins Me now. Good to see you. Put a bit of contact around the numbers for us. Sure, so this is not the Inflation Report a lot of people were looking for because remember, we saw hotter than expected Inflation Injanuary and february today we see that data again in march. And not only is it higher than expected, but we are seeing this trend upwards. And thats not what the fed wants to see when they talk about Cutting Confederates Interest Rates this year. The expectation when wrapping up year. The expectation when wrapping up 2023 was we could see as many as three Interest Rates cuts this year, as soon asjune. But when you see inflation is sticky and persistent as we see in the data, that becomes harder to envision, and indeed when this came out at 8 30am est today, you saw the expectations for that june Interest Rates cut drop. find june Interest Rates cut drop. And how does that june Interest Rates cut drop. An
anthony albanese and li qiang met in a ceremonial welcome on the forecourt of parliament house. just on the outskirts, though, protesters gathered during the 19 gun salute, some holding chinese flags, while human rights advocates protested against the visit. the two leaders have agreed across a range of non binding agreements to stabilise their relationship, from climate change to trade and even panda diplomacy. here s what albanese had to say after their round table talks. he also exchanged views today on our region and the world, building our understanding of our respective positions and perspectives. australia advocates that we should all work together to promote original valance when a country dominates and the country is dominated original balance. i ve made it as nations with different histories, political systems and values, we will co operate with china where we can, disagree where we must and engage in the national interest. let s speak to ryan neelam, director of
jean noel barrot, welcome to hardtalk. thank you. how surprised were you by emmanuel macron s pretty extraordinary decision to call a snap election? well, obviously i was surprised, because it s a very unique way to take a democratic decision, when the political situation in a given country is so severe that it basically limits the ability of the country to act for itself. there are very few leaders in this world that would take such a democratic decision in the face of such important choices. such a democratic decision, you say. many french people, including people very close to emmanuel macron, would call it an almost crazy gamble. no, a majority of french people support this decision. and the reason is simple you re never wrong when you hand the power to the people. and with a situation where the majority was too thin to be able to reform in a political situation where, after the european elections or during the european elections, french citizens expressed some anger,