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Transcripts For BBCNEWS Business Today 20240805

Due to Consumer Prices edging up. In the us the Federal Reserve held steady but fed Chairjerome Powell hinted at a potential Rate Cut in september. Lets turn to financial analyst peter mcguire. Hes been speaking to me about what Policy Makers in the region are looking out for her. Many different facets they need to look at. The inflation numbers, job numbers, to look at. The inflation numbers, ob numbers, whats numbers, job numbers, whats happening with housing. I think the deal at the moment is the same pat. Probably a 25 Basis Point Cut is pretty much patent by sometime in december. That seems to be the mood across the fabric of it. Seems to be the mood across the fabric of It Fabric of it. Weve heard a lot about the fabric of it. Weve heard a lot about the Prices Fabric of it. Weve heard a lot about the prices of about the prices of supermarkets in australia, it seems wages are not keeping up with rising prices. What has it been like theyre on the ground . Been like theyre on the ro

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