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Transcripts For BBCNEWS Business Today 20241009

After the chinese government chose not to announce any additional measures today. Chinas chief economic planning official, zheng shanjie, told a Press Conference earlier hes fully confident the country can hit its 5 Growth Target for the year and had no further policies to reveal to boost chinas struggling economy. For more im joined by Alicia Garcia Herrero chief asia pacific economist at the bank natixis. Has that disappointed investors . Did they expect more . Yes they did because there was already a softening of the market overseas. Of course the chinese market was already closed. But already by friday you could see overseas markets waiting for more on the fiscal side. This Press Conference was announced in china and there was a big expectation that it would go beyond the 2 trillion. That they had an officially announced. The reality is they didnt even fully confirmed that and the markets remained a little bit surprised that they would call a Press Conference for such little infor

Transcripts For BBCNEWS Business Today 20240918

Pandemic may not fix america s housir the interest rates come to see the interest rates come back down. To see the interest rates come back down to see the interest rates come back down. ~ g. ,. , back down. When jerome powell visited this back down. When jerome powell visited this market, back down. When jerome powell visited this market, the visited this market, the federal reserve was watching closely to see if it s big interest rate hikes really were calling information, even though it was tough and small businesses. That s about to mr powell and his change. Mr powell and his change. Mr powell and his colleagues are set to interest colleagues are set to interest rates. In york, the arrival of rates. In york, the arrival of autumn marks a change. After autumn marks a change. After raising interest rates 11 raising interest rates 11 times, america s central bank times, america s central bank is all but certain to unwind is all but certain to unwind fat, but how quickly they go f

Transcripts For BBCNEWS Business Today 20240918

That s about to change. Mr powell and his colleagues are set to interest rates. In york, the arrival of autumn marks a change. After raising interest rates 11 times, america s central bank is all but certain to unwind that, but how quickly they go down from here is still up for grabs. Perfectly like this on your porch, and then we price it less than picking up the pumpkins themselves. At this farm shop, the rebirth of the economy, as inflation falls closer to the fed s official target of 2%, is yet another moment of change. We want stability. Isn t that what everyone wants? that means security. Stability means you can t predict what your business will do, how your community will grow, all those things, and that means you are secure. Still, on the outskirts of town, the first rate cut since the pandemic may not fix america s housing market. Ben rutt is director of marketing at keystone custom homes. He tells me, despite the mortgage squeeze, house prices here have remained high. Economi

Transcripts For BBCNEWS Business Today 20240918

Interest rate hikes are in Cooling Inflations even if it were those type of small Businesses. It is about to change. Mr powell and his colleagues are said to cut Interest Rates. In New York the arrival of ogden marks a change. After raising Interest Rates 11 times, The American Central Bank is all but certain to unwind to that. But how quickly they go down from here is still up for grabs. Perfectly, like this on your porch and we price it less than picking up the pumpkins themselves. At picking up the pumpkins themselves. Picking up the pumpkins themselves. ,. , themselves. At this Farm Shop themselves. At this Farm Shop the rebirth themselves. At this Farm Shop the rebirth of themselves. At this Farm Shop the rebirth of economy themselves. At this Farm Shop the rebirth of economy as the rebirth of economy as follicles or to the official target of 2 is yet another moment of change. We target of 296 is yet another moment of change. We want Stability Moment of change. We want stability

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