shareholders are in favour. welcome to business today. i m sally bundock. we start in the us where the cost of borrowing will be staying higher for a while longer. the us federal reserve left its key interest rate unchanged on wednesday at its highest in more than two decades and signalled it only expects to make one cut this year. the fed though is predicting four more cuts in 2025. the decision came just hours after some encouraging news on its battle to control inflation. america s official consumer price index showed prices rising at an annual rate of 3.3% in may. that was down 0.1% on april s rate and was lower than expected. but it s still way above the fed s inflation target of 2%. erin delmore in new york has all the details. economic datasets can feel abundant, these are two big deal events. we ve only seen them happen on the same day seven times in the last decade. to start, the consumer price index. that s the key inflation gauge that held good news wednesday morni
won t be roaming far on their new island in the midlands. the rain s disrupting rail services and all sorts ofjourneys. but the focus now is on water levels in nottinghamshire. dan johnson, bbc news. let s get more on the situation in nottinghamshire, where a major incident has been declared. navteonhal in in east bridgford for us. navtej. yes, nottinghamshire county council declared a major incident, and it is advising residents along the trent valley to prepare for flooding. there are currently 36 flooding. there are currently 36 flood warnings in place across the country, around 50 60 properties, we understand, have already flooded, with more expected over the next 2a hours, and the focus of everybody s attention appears to be the river trent. we are told that it could reach its highest ever recorded level. its highest recorded level at the moment was back in november
there are about 1200 republican supporters in this ballroom, listening to all the different republican candidates, trying to decide who they should report for the republican nomination. of course the note was dominated by one man, and of course that one man was donald trump. this is the first speech he has given since the new criminal charges were unveiled against him. he s a man whose legal problems just keep piling up and up and never seem to stop but he won t let that deter him, and he didn t tonight. this was not the best speech he has ever given, he was rushing through his script trying to stick to the time limit but nonetheless he still grabbed everybody s attention and did what he always does best, made it all about him. that s what all these other candidates are up against, what they are trying to compete with, one of the lesser known candidates, former congressmen well heard, he dared to say the only reason donald trump is running for president is to try and stay out of prison
for the republican nomination next year. our north america editor sarah smith filed this report. there are about 1200 republican supporters in this ballroom, listening to all the different republican candidates, trying to decide who they should support for the republican nomination. of course the night was dominated by one man, and of course that one man was donald trump. this is the first speech he has given since the new criminal charges were unveiled against him. he s a man whose legal problems just keep piling up and up and never seem to stop but he won t let that deter him, and he didn t tonight. this was not the best speech he has ever given, he was rushing through his script trying to stick to the time limit but nonetheless he still grabbed everybody s attention and did what he always does best, made it all about him. that s what all these other candidates are up against, what they are trying to compete with. one of the lesser known
to support his claim, which he made at an event in iowa, attended by other republican hopefuls. he was speaking after prosecuters widened a criminal probe into claims he mishandled secret documents. 0ur north american editor sarah smith was at the event. there are about 1,200 republican supporters in this ballroom this evening, listening to all the different republican candidates, trying to decide who they should support for the republican nomination. but of course, the night was dominated by one man. and, of course, that one man was donald trump. this is the first speech he s given since the new criminal charges were unveiled against him. he s a man whose legal problems just keep piling up and up, and never seem to stop. but he won t let that deter him, and he didn t tonight. i mean, this was not the best speech he s ever given. he was rushing through his script, trying to stick to the ten minute time limit. but nonetheless, he still grabbed everybody s attention and did what he alway