That . I is not overheating, can it sustain that . 4. , that . I think it will. Right now the market is focused that . I think it will. Right now the market is focused on that . I think it will. Right now the market is focused on Recapturing L Market is focused on recapturing what it lost in the 5. 5 pull back we experienced since reaching the 22nd all time high on the 28th of march, and our expectation is we could continue to see us gdp growth in the 2 area but then also see inflation continue to come back down, allowing the fed to cut Interest Rates at least twice by the end of the year. Is Interest Rates at least twice by the end of the year. End of the year. Is there a risk that It Overshoots . End of the year. Is there a risk that It Overshoots . Americans| end of the year. Is there a risk that It Overshoots . Americans saved up that It Overshoots . Americans saved up a lot during the pandemic but now they seem to have exhausted that, so where does that leave us now . fiur where
And on newsnight at 10 30, well go deeper behind the headlines and speak live with some key players on todays big stories. Plus, a first look at tomorrows front pages. Good evening. There are warnings tonight of a generation of children, being permanently affected by past covid lockdowns, the last of which ended more than two years ago. Who can forget that overnight, schools shut their doors while thousands of children were kept at Home Learning online . But now its clear, growing numbers of youngsters are persistently missing school, with the childrens commissioner for england warning the crisis needs to be tackled as a matter of urgency. At least one in five pupils in england is now Persistently Absent meaning theyre missing 10 or more of their lessons thats double the rate, before the pandemic. A committee of mps is recommending a series of measures including a National Roll out of Attendance Mentors to work with families. New guidance on the standardisation of fines for parents acr
And coming up in the sport on bbc news. Former England Rugby League International rangi chase has been banned from all sports for two years after testing positive for cocaine injuly. Good afternoon and welcome to the bbc news at one. Britain is in danger of losing two decades of Earnings Growth thats the warning from the economic think tank, the institute for fiscal studies. The chancellor, philip hammond, says he hopes to prove wrong the bleak economic forecasts released in yesterdays budget. He said the next couple of years will bring clarity over brexit and that would increase Consumer Confidence and help the economy to grow faster. Conservative mps have rallied behind the chancellor, calling his budget solid and common sense. But labour have accused mr hammond of being cut off from the real lives of people. Our Political Correspondent eleanor garner reports. The governments on fortunes might not have been completely rebuilt but the chancellors difficult day passed off better than m
After he dies at the age of 59. And coming up in the sport on bbc news. Ryan giggs is set to be named the new wales manager later. Hell replace Chris Coleman, who stepped down after failing to qualify for this years world cup. Good afternoon and welcome to the bbc news at one. The construction giant carillion has gone into liquidation, putting 20,000 jobs at risk in the uk. The company has huge debts and has failed to secure a Financial Rescue from either the banks or the government. Carillion is involved in Major Projects such as the h52 high speed rail line. Its responsible for many Public Services including hospitals, prisons and schools. Now the government is facing questions about why it handed Public Sector contracts to the firm after it had issued profit warnings. Heres our business correspondent, simon gompertz. The bigger they are, be harderfor eve ryo ne the bigger they are, be harderfor everyone when they fall. Carillion was the new name for a huge business taking in age old
And london, youre watching bbc world news. Its newsday. Good morning. Its 8am in singapore, midnight in london, and 6am in the biggest refugee camp in the world, kutupalong, near the port city of coxs bazar in bangladesh. Its where around 570,000 Rohingya Muslims are forced to call home, having fled a violent military crackdown against them, across the border in myanmar. Officials from both countries have been holding talks about repatriating hundreds of thousands of the refugees, but the United Nations has expressed concern about the conditions theyd face if they went back. Mishal husain is at the kutupalong refugee camp for newsday. It was a Mass Movement unmatched in recent yea rs it was a Mass Movement unmatched in recent years which created this refugee camp and the others in this area in the space ofjust five months. They are dotted across the entire landscape in south east bangladesh, right up to the border with myanmar, only a couple of miles away from where we are now. When yo