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Transcripts for BBCNEWS Asia Business Report 20240604 23:30:00

giant come. british banking giant continues to remain under pressure over an inaccurate bbc story about the closure of nigel s account. our top story for you this morning as the us federal reserve is moved to hike the cost of borrowing once again. the central bank raised interest rates by quarter perspective each point and 22 years. as my colleague explains, they have left the door open for more. the federal reserve is door open for more. the federal reserve is moved door open for more. the federal reserve is moved with reserve is moved with unprecedented speed to get inflation under control and it has raised its benchmark rate by 5.25 present in the latest move is likely to push up american businesses and consumers, even further. with inflation showing prices

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