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Transcripts For BBCNEWS Asia 20240705

during his press conference. with us inflation running still well above the bank s 2% target, it sjob is not yet done. i think, as anyone can see, not a single person on the committee wrote down a rate cut this year, nor do i think it is at all likely to be appropriate if you think about it. inflation has not really moved down. it has not so far reacted much to our existing rate hikes, and so we re going to have to keep at it. most officials think two more rate hikes are needed this year, starting perhaps as early as next month. wednesday s decision ushers in a new phase in the fed s battle to lower prices follows a path carved out by central banks in countries such as australia and canada, which recently announced rate hikes following a break. michelle fleury there in washington, dc. the latest decision by america s central bank comes at a time when inflation is slowing but not as quickly as the federal reserve wants it to be. earlier, i spoke to blerina uruci of t.rowe pric

Overzealous fan vents the football passion of a nation, sparks security questions

Overzealous fan vents the football passion of a nation, sparks security questions
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Transcripts for BBCNEWS Asia Business Report 20240604 01:37:00

tickets but also for hotel bookings. i spoke to tom byer earlier and he is a football development advisor and explained why skyhigh prices won t deter fans from attending. i don t think so because they are playing the game in the new beijing workers stadium, which is renovated, and so there is a lot of interest around going to that stadium as well, but again when you have the world cup champions and one of the greatest players of all time, messi, playing, i think people are willing to pay just about anything and that s what it s turning out to be. president xi has an ambitious goalforfootball, he wants to make it a powerhouse. how ambitious is this goal and how is he going about it? i know you played a part in this. in 2015, the central government created a policy that made football mandatory in schools so i worked on what is called the 50,000 school project where i actually personally helped to devise the technical curriculum and the whole concept was to put up a football programme in

New Workers Stadium Reopening This Saturday, Apr 15!

After three years of reconstruction, Workers' Stadium is reopening to welcome Beijing Guoan and the China Super League's (CSL) 2023 season.

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