officials at the united state s central bank think inflation is going to remain uncomfortably high in america for some time. that s according to the minutes of the last fed meeting where monetary policy is set. the bbc s north america business correspondent samira hussain reports. if anyone thought most recent price hike which showed no inflation injuly was the new normal the federal reserve is here to tell you otherwise. the latest minute shows that the committee that sets monetary policy in the us was unanimous that prices are going to keep going up for months to come. that means everyone should expect more interest rate rises as well. the committee height interest rates by three quarters of a percentage point last month, another rate hike in september seems almost certain. the only question is by how much? the minutes show at least some on the committee thank that their efforts to tame inflation may be starting to have some effect. based on the market response that has
Investigation into how panorama secured its interview with his mother is a step in the right direction. Covid in care homes scientists who advised the government admit they never checked how the virus could be spread by staff working in multiple homes. And, a £300 million rescue package for 11 sports, struggling without spectators because of coronavirus. And coming up we look ahead to tonights announcement of the booker prize winner for 2020. Ill speak to last years joint winner, bernadine evaristo, in just over half an hour. Good afternoon. Theres more encouraging news today about Coronavirus Vaccines. Researchers from Oxford University say the vaccine theyre working on shows a promising immune response so far in people in their 60s and 70s. Crucial further tests still need to be carried out and the vaccine isnt yet at the same stage as similar jabs being developed by pfizer and moderna. The uk has ordered 100 million doses of the oxford vaccine if it eventually receives regulatory a
And the careers being stopped before theyve even begun the number of apprentices made redundant during the pandemic was two thirds higher than in 2019. Hello and welcome to bbc news, im annita mcveigh. We begin today with further promising news this morning about a third vaccine. The oxford Coronavirus Vaccine shows a strong immune response in adults in their 60s and 70s, raising hopes that it can protect age groups most at risk of illness from the virus. Researchers say the phase two findings, based on 560 healthy adult volunteers, are encouraging. The outcome of trials into whether the vaccine actually stops people developing covid 19 in larger, phase three trials is expected in the coming weeks. The uk has already ordered 100 million doses of the oxford vaccine, a0 million doses of the Pfizer Biontech vaccine and five million of the moderna vaccine. If successful, the oxford vaccine is expected to be easier to manufacture on a worldwide scale than the other two, and oxford and astra
Now on bbc news, to celebrate bbc 100 women, click is profiling the most inspiring and influential women in technology. This week, a global click gathering. High tech ivf hopes. And a robot ballerina with no left feet. Hey, welcome to click. Hope youre doing 0k. Now, weve met some pretty incredible female tech pioneers in our time, but this weeks programme is going to be particularly inspiring. Were dedicating it to women in tech. And one female led tech company, benevolentai, has had a spot of good news this week. Yes, so this is the company that you visited earlier in the year, isnt it . Theyre using al to try and predict which medicines which are already on the market might be repurposed to treat coronavirus. Is that right . Yes, thats right just nine months ago, they spotted the initial indications that a drug usually used to treat Rheumatoid Arthritis could have potential. And it turns out they were right baricitinib has received fda emergency approval in the us for those who are