Its high Interest Rates. North America Business correspondent Erin Delmorejoins Me now. Good to see you. Put a bit of contact around the numbers for us. Sure, so this is not the Inflation Report a lot of people were looking for because remember, we saw hotter than expected Inflation Injanuary and february today we see that data again in march. And not only is it higher than expected, but we are seeing this trend upwards. And thats not what the fed wants to see when they talk about Cutting Confederates Interest Rates this year. The expectation when wrapping up year. The expectation when wrapping up 2023 was we could see as many as three Interest Rates cuts this year, as soon asjune. But when you see inflation is sticky and persistent as we see in the data, that becomes harder to envision, and indeed when this came out at 8 30am est today, you saw the expectations for that june Interest Rates cut drop. find june Interest Rates cut drop. And how does that june Interest Rates cut drop. An
Hello, im matthew amroliwala. Welcome to verified live. We start with flooding described as the worst in nearly 100 years in russia and kazakstan. Thousands have been forced from their homes cities under threat, evacuations ongoing. The flooding in the urals and Western Siberia has been caused by unseasonably warm temperatures, which has melted snow. In the russian city of 0renburg home to half a Million People the authorities said water levels had reached dangerous levels. Thousands of people have left the city. 0renburg is downstream from the city of 0rsk, which was inundated when a dam burst last week. Live now to moscow and our Russia Editor steve rosenberg. Steve, editor steve rosenberg. Give me a sense of the sc of steve, give me a sense of the scale of this . ,. , , of this . The first thing to say is that spring of this . The first thing to say is that Spring Flooding of this . The first thing to say is that Spring Flooding is of this . The first thing to say is that Spring Flo
And world athletics announces it will become the First International federation, to award prize money at the olympic games. Hello, im matthew amroliwala, welcome to verified live. We start with the breaking news from gaza about three sons of the hamas leader Ismail Haniyeh and three of his grandchildren have been killed in an israeli air strike in gaza. That information is coming from the Hamas Affiliated news agency. We had brought you the breaking line about the three sons a little earlier but the three sons a little earlier but the same News Agency Tweeting in the last little while about the death of three grandchildren too, so six people in total. The hamas leader not based in gaza, he is based in Qatar Markussen 2023. That information coming in to us all the while. Lets go live tojerusalem and speak to our middle east editor sebastian usher. These are early reports, but what are you hearing where you are . We reports, but what are you hearing where you are . Where you are . We hav
And with just over 100 days to go until the paris olympics, the river seine water could be unsafe for athletes. Let mejust bring let me just bring you some breaking news that has come in in the last few seconds, Imported News Being reported by reuters. They report that three sons of the hamas leader have been killed in israeli air strikes in gaza. That has come from a Hamas Affiliated news agency. The leader has been based in qatar, but they are quoting the Hamas Affiliated news agency on the ground, saying that three sons of the hamas leader have been killed in an israeli air strike in gaza. So thatis an israeli air strike in gaza. So that is significant. We will try to find out more details on that in the coming minutes. Sport, and for a full round up from the bbc sport centre, heres chetan. Good afternoon. We start with news that athletics will become the first sport to introduce prize money at the olympics in paris this summer. The governing body, World Athletics, is breaking 128 y
This is bbc news. The headlines the hamas leader, ismail haniyeh, says three of his sons have been killed in an israeli air strike in gaza. He says it will not affect the groups demands in the ceasefire negotiations. Muslims in gaza mark the end of ramadan omits the destruction caused by the war and the fears of an assault on ten throw. President biden says Minister Netanyahu is making a mistake. More than 100,000 people have been full from their homes due to flooding in russia and kazakhstan. And just over 100 days to the paris 0lympics, and just over 100 days to the paris olympics, the river sent water could be unsafe water. Could be unsafe for athletes. Time for a look at the Business News now with ben thompson, and Consumer Prices in the us are rising more than expected . Yes, weve just had the latest indication of the rate at which prices are rising. Indication of the rate the Consumer Price index for march rose higher than analysts were expecting. The core figure, which strips ou