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Transcripts For BBCNEWS Asia 20240705

it s a sign that the federal reserve s moves to raise interest rates to slow down inflation seems to be working, but analysts still think america s central bank will raise interest rates one more time at their next meeting. now, the cooler inflation is good news for consumers, but it s also good news for us presidentjoe biden, who touted the administration s efforts to bring prices down. now, he is facing re election next year and being able to control inflation without pushing the economy into a recession will be key if he wants another four years in the white house. samira hussain there. let s bring in the milken institute s chief economist, william lee, whojoins us now from nevada. that s the ultimate question that all the central banks around the world are asking them selves. has the us peaked? lots of prices and inflation decreases have come out because supply chains have been restored around the world and consumers are able to get the stuff they want to buy. one of the

Transcripts for BBCNEWS Asia Business Report 20240604 23:37:00

one year later he still struggling. one year later he still stru~lin~. ., struggling. most of the skilled labour has struggling. most of the skilled labour has left struggling. most of the skilled labour has left the struggling. most of the skilled labour has left the country. i labour has left the country. during the crisis, i had ia shifts inside my kitchen, right now i only have two. i am running daily advertisement so i m recruiting weekly. as a businessman i don t see a real future right now. in businessman i don t see a real future right now. businessman i don t see a real future right now. in 2022, more than 300,000 future right now. in 2022, more than 300,000 left future right now. in 2022, more than 300,000 left the - future right now. in 2022, more than 300,000 left the country | than 300,000 left the country inward search of a better future, the highest migration in sri lankan history. the brain drain of the most skilled like doctors, staff, chef and it professors

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