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Transcripts For BBCNEWS Asia 20240705

as inflation cools. from new york, our north america business correspondent michelle fleury sent this report. the december notes from the us central banks last meeting showed policymakers are feeling better about inflation. they agreed with investors that interest rates are at or near the peak for this cycle. they also agree it will come down this year. but they offered no clues as to how or when that will happen. to remind viewers, the federal reserve started raising rates in march 2022 to tame inflation. it did so 11 times, taking the benchmark rate to 5.5%. inflation, by the time of the last meeting, had dropped to 3.2% from a peak of 9.1%. meanwhile, new data out on wednesday showed the number ofjob openings in the united states fell to 8.79 million in november. this points to weaker demand for labour but is still well above pre covid levels. that is consistent with the fed s goal. to slow the economy without triggering a nasty recession. the feds first rate setting meeti

Transcripts For BBCNEWS Asia 20240705

fleury sent this report. the december notes from the us central bank s last meeting showed policymakers are feeling better about inflation. they agreed with investors that interest rates are at or near the peak for this cycle. they also agree it will come down this year. but they offered no clues as to how or when that will happen. to remind viewers, the federal reserve started raising rates in march 2022 to tame inflation. it did so 11 times, taking the benchmark rate to 5.5%. inflation, by the time of the last meeting, had dropped to 3.2% from a peak of 9.1%. meanwhile, new data out on wednesday showed the number ofjob openings in the united states fell to 8.79 million in november. this points to weaker demand for labour but is still well above pre covid levels. that is consistent with the fed s goal. to slow the economy without triggering a nasty recession. the feds first rate setting meeting this year starting january 30. investors are holding their breath is beneficial t

Transcripts For BBCNEWS Asia 20240705

correspondence sent this report. the december note on the us central banks asked meeting showed policymakers are feeling better about inflation. they agreed with investors that interest rates are at or near the peak of the cycle. they also agree it will come down this year. they offered no clues as to how or when that will happen. to remind viewers come at the federal reserve started raising rates in march 2022 to tame inflation. it is so 11 times, taking the benchmark rate to 5.5%. inflation by the time of the last meeting had dropped to 3.2% from a peak of 9.1%. meanwhile, new data out on wednesday showed the number of job openings in the united states fell to 8.79 million in november. this points to weaker demand for labour but is still well above pre covid levels. that is consistent with the fed s goal. to slow the economy without triggering a nasty recession. the feds first ratesetting meeting this year starting january 30. that disappointment is reflected in how us stoc

Transcripts For MSNBC Katy Tur Reports 20240706

i spoke with members of the business round table, of the big business guys, asked why i m so pro labor, you save them money. what you do lasts and through the american rescue plan, we re funding work force development programs, including 128 million here in wisconsin, so american workers prepared to compete in the economy we re building. this is a blue collar, blueprint to rebuild america. and we re also doing something that for years, people just talked about. we re going to buy american for everything we build. last night, i announced we re proposing new standards to require all construction materials be made in america. american lumber, american glass, american dry wall, american fiberoptics. american roads, bridges, highways, made with american products. my first two years in office, we ve created 800,000 manufacturing jobs. where? i mean, it sincerely. jobs you can live on. where is it written american can t lead the world of manufacturing? i didn t see it written anywhe

Transcripts For FOXNEWS The Story With Martha MacCallum 20240707

new york and california now under pressure. michigan. we ll take a look at the governor s race. we ll take a look at those. these are the headlines, this is what is being talked about today. politco, big republican gains. the washington post, democrats fear that the mid-term map is slipping away from them. and axios is showing a red tsunami. president biden moments ago said this. so far we re running against the tide and we re beating the tide. we just have 15 days until one of the most important elections in our lifetime. it s going to shape the way this country looks like for the coming decade. he did zero campaigning over the weekend. let s bring in fox news contributor josh kraushaar. these are the senate toss-up races as you see them and as we see them. nevada, arizona, georgia, pennsylvania. let s take a quick look at arizona. this is a race that at one point the senate leadership committee said, blake masters is on his own. right? now this thing is tightening up.

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