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Indian Morning Briefing: Asian Markets Broadly Higher; PBOC Maintains Key Rates

Indian Morning Briefing: Asian Markets Broadly Higher; PBOC Maintains Key Rates
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Transcripts for CNN CNN Newsroom Live 20240604 08:14:00

incomes. some signs of easing inflation, lower fuel costs, legislative wins, we asked the communications director is it time for the biden administration to celebrate. we re continuing to see things move in the right direction. i don t think that anybody is declaring victory, certainly not president biden. he is relentlessly focused on doing everything he can to bring down costs for families. it is why he is pushing for the passage of the inflation reduction act that will allow medicare to negotiate for the lowest prescription drug prices, it will bring down utility bill costs for americans across the country. i mean, these are things that at the end of the day are a big piece of family budgets. so, yes, rents are too high and president biden is focused on working on pushing for a bigger supply of affordable housing. he has taken steps to ensure for example that builders can have easier access to government financing to create greater supply of housing in the market. so of course

Food and drug administrationEasing inflationFuel costsCommunications directorPrescription drug pricesInflation reduction actFamily budgetsUtility bill costsGovernment financing

Inflation eases to 7 48% in July as global commodity prices decline

Inflation eases to 7 48% in July as global commodity prices decline
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PH economy seen growing 6-7% in 2022

MANILA - The Philippine economy is expected to return to its 6 to 7-percent growth trajectory in 2022 after nearly two years of grappling with the pandemic despite the threat of the Omicron variant, according to the investment banking arm of the Metrobank Group. First Metro Investment Corporation (FMIC) said this year's economic growth will be driven by sustained domestic demand, easing inflation, election expenditures, and accelerated government spending on infrastructure projects. "Notwithstanding the ongoing pandemic, and Omicron sparking the third wave of infections, we are still optimistic that Philippine growth will further accelerate and get back on its trajectory of 6-7 percent in 2022," FMIC president Jose Patricio Dumlao said in a virtual briefing Tuesday. Dumlao said the economy registered a 4.9-percent growth in the first three quarters of 2021 and the growth momentum likely spilled over in the fourth quarter given further economic reopening and easing mobilit

Jose patricio dumlaoVictor abolaFrancisco sebastianFirst metro investment corporationUniversity of asiaMetrobank groupMetro investment corporationManila the philippine economy is expected to return its 6 7 percent growth trajectory in 2022 after nearly two years of grappling with pandemic despite threat omicron variantCcording to the investment banking arm of metrobank group first metro corporation fmic said this year 39s economic growth will be driven by sustained domestic demandEasing inflationElection expendituresNd accelerated government spending on infrastructure projects quot notwithstanding the ongoing pandemicNd omicron sparking the third wave of infectionsE are still optimistic that philippine growth will further accelerate and get back on its trajectory of 6 7 percent in 2022Uot fmic president jose patricio dumlao said ina virtual briefing tuesday the economy registereda 4 9 percent growth in first three quarters of 2021 and momentum likely spilled over fourth quarter given further economic reopening easing mobility restrictions he added business consumer confidence are also cautiously positive wider availability vaccines relaxation lockdownsQuarantine measures

Transcripts for CNN The Lead With Jake Tapper 20211208 21:18:00

program designed to upgrade transportation and water systems, build roads and bridges and far more. here i m talking about rebuilding america, investing in america, building a better america. reporter: it comes as the white house is eyeing optimistic news on falling oil and gas prices. and early signs of easing inflation. in congress, a bipartisan agreement is also at hand to raise the debt ceiling to avoid default. the president also signing an executive order today aimed at cutting the government s carbon emissions 65% by the end of the decade. on a path of net zero emissions by 2050. now even as president biden talked about what he called an infrastructure decade ahead, he did pause at the beginning of this speech to pay tribute to bob dole. longtime republican senator from neighboring kansas. he called him an american giant with moral and physical courage. jeff zeleny, thanks so much. let s turn to our world lead and the growing conflict between

White houseInvesting in americaBuildinga better americaWater systemsBuild roadsRebuilding americaJoe bidenBritish governmentCarbon emissionsEasing inflationDebt ceilingExecutive orderNet zero emissionsJeff zelenyNeighboring kansasBob dole