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BBCNEWS World Business Report July 7, 2024

officials at the united state s central bank think inflation is going to remain uncomfortably high in america for some time. that s according to the minutes of the last fed meeting where monetary policy is set. the bbc s north america business correspondent samira hussain reports. if anyone thought most recent price hike which showed no inflation injuly was the new normal the federal reserve is here to tell you otherwise. the latest minute shows that the committee that sets monetary policy in the us was unanimous that prices are going to keep going up for months to come. that means everyone should expect more interest rate rises as well. the committee height interest rates by three quarters of a percentage point last month, another rate hike in september seems almost certain. the only question is by how much? the minutes show at least some on the committee thank that their efforts to tame inflation may be starting to have some effect. based on the market response that has

EMEA Morning Briefing : Shares Seen Higher as Investors Await Economic Data for Cues

EMEA Morning Briefing : Shares Set to Rise; Market Waits for U S CPI Report

MARKET WRAPS Watch For: EU industrial production, GDP; trading updates from Commerzbank, ABN Amro, Allianz, Merck, Hapag-Lloyd, Thyssenkrupp, Burberry, E.ON, RWE, Imperial Brands, Britvic,.

EMEA Morning Briefing: Shares Set to Rise; Market Waits for U S CPI Report

EMEA Morning Briefing: Shares Set to Rise; Market Waits for U S CPI Report
morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.

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