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Transcripts For BBCNEWS World 20240705

historical rate hiking campaign hours the time to take a break and give the time to adjust to its actions that have pushed up the cost of borrowing for things like mortgages, business loans, and credit cards. the decision left the fed s benchmark at between 5% and 525%. for companies and consumers alike the pain may not be over. as fed chair jerome powell meekly during his press conference, with us inflation running above the bank s 2% target its job is not yet done. i bank s 2% target its “ob is not et done. ~ . , bank s 296 target its “ob is not yet amt yet done. i think, as anyone can see. yet done. i think, as anyone can see. not yet done. i think, as anyone can see, not a yet done. i think, as anyone can see, not a single - yet done. i think, as anyone j can see, not a single person yet done. i think, as anyone i can see, not a single person on the committee wrote down a rate cut this year. nor is it likely to be appropriate, if you think about it, inflation ha

Transcripts for BBCNEWS World Business Report 20240604 04:51:00

this year that clarence birdseye set up a business preserving fish fillets by freezing them. after a rocky start, birdseye began mass producing frozen vegetables that were sold throughout the united states and frozen tv dinners became a staple of american homes in the 1950s and 60s. today, the cost of living crisis is driving more of us to the frozen aisles as sales have overtaken fresh food in uk supermarkets rupert ashby is chief executive of the british frozen food federation, which also marks its 75th anniversary this week. is it just prices is itjust prices that were frozen as outperforming fresh food these days? food these days? price is definitely food these days? price is definitely one food these days? price is definitely one thing - food these days? price is definitely one thing the l food these days? price is i definitely one thing the cost per kilo of a frozen product is generally quite a bit cheaper than a fresh product. however, there are a lot of other

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