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Transcripts for BBCNEWS BBC News 20240604 10:02:00

even as it warned that the sector s troubles could drag down economic growth. america s central bank raised its federal funds rate, which affects many consumer and business loans, to a range 4.5 and 5%. jay powell said policymakers did consider a pause in the interest rate hiking campaign, in light of the banking turmoil, but the consensus for an increase was stronger. before the recent events, we were clearly before the recent events, we were clearly on before the recent events, we were clearly on track to continue with ongoing clearly on track to continue with ongoing rate hikes. in fact, as of a couple ongoing rate hikes. in fact, as of a couple of ongoing rate hikes. in fact, as of a couple of weeks ago, it looks like we would couple of weeks ago, it looks like we would need to raise rates over the course we would need to raise rates over the course of the year more than we had expected at the time in december, at the time of the december, at the time of the december m

Transcripts for BBCNEWS BBC News 20240604 10:10:00

wealth that the workers produce better, meaning that we give less money for high profits to big companies and more money to finance our pension system, we can totally afford to have a pension system where we can retire at 62 and we can even retire at 60. because that is what we want. if we improve salaries, we raise salaries, we pay womenjust as much salaries, we raise salaries, we pay women just as much as men and we will have the funds to finance everything we want. but will have the funds to finance everything we want.- will have the funds to finance everything we want. but of course, around the everything we want. but of course, around the world, everything we want. but of course, around the world, that everything we want. but of course, around the world, that is everything we want. but of course, around the world, that is not - everything we want. but of course, around the world, that is not the l around the world, that is not the view of many governments and president mac

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