Yeah. Yeah. Yeah, i only had one. Yeah, i only had one. Yeah. I think you could mix it with something else. Yeah, yeah. That snakebite and black or is that something else. Something like something else. Yeah. Well wed love to hear what you think. As ever, send your views and post your comments using gbnews. Com yoursay say, but first, heres your latest news with tatiana sanchez. Nana, thank you very much. Good to see you. And good morning. These are the top stories from the gb newsroom. The bank of england is expected to leave its base Interest Rate unchanged at 5. 25 for a sixth time, as economists wait for inflation to come under control. The decision to be announced today comes as inflation remains at 3. 2 above the banks 2 target. It would mean a longer penod target. It would mean a longer period of higher borrowing costs, which have squeezed households since Interest Rates started rising at the end of 2021. Both Major Political parties have made Economic Growth a key part of their
Voted, last time just one of them voted, last time just one of them voted for a cut in Interest Rates. If we start to see other members of that committee moving towards a cut, a cut later in the year becomes increasingly likely. We will also get detail from the Bank Of England about what they think they is happening to economy right now to stop your running at the detail there that the main concern for them is inflation. It has been sky high over recent months and it is now starting to come down. 3. 2 is where it currently is but it is still above the Bank Of England a target of 2 . What they will be looking out at what point will be inflation, thats a measure of how quickly prices are rising, at what point will that come in line with their forecast and therefore they can start to afford to cut Interest Rates. Because english Interest Rates, m are rather blunt tool that the Bank Of England has to try and encourage us to save rather than to spend. Cool the economy, Stop It Overheating a
Looking a lot drier, and we remain in the warm conditions. I will have all the details later in the programme. Its monday the 9th of october. Good morning. More than 1,000 people have now been killed in israel and gaza after a Massive Attack by hamas militants that began at dawn on saturday. There are reports that israel has struck more than 500 targets in gaza overnight, my more than 125,000 palestinians i displace. President biden has ordered extra military assistance for the israelis, promising them rock solid and unwavering support. Israeli troops are still hunting down insurgents after one of the bloodiest attacks. 0ne down insurgents after one of the bloodiest attacks. One of the worlds most advanced military is taken by surprise by hamas, a military group kept behind barriers that were supposed to stop this happening. Their attack as brutal as it was brazen. Hundreds killed. For israel that has included scores of unarmed civilians as well as soldiers. Already the largest loss of
Photography group can come to as well. Without objection, chairs authorized to clear recessed committee at any time. This hearing is titled the Federal Reserves semiannual Monetary Policy report. Not the most inventive title, but traditional. We call Humphrey Hawkins up. Without objection, all members will have five legislative days within which to submit extreme material to the chair for inclusion in the record. I will note the outset of this hearing has a hard stop at 1 00 p. M. , which we will strictly observe. The chair would further announce to Committee Members that the chairs intention is in the second week we return in july, well have a markup, and that markup will include two important bills. One is giving Digital Assets a Market Structure, and federal regulatory we met, and the second is a federal stable coin regime. It is the intention of the chair to have that as a, two pieces of our Committee Markup in the second week we return in july. I now recognize myself for four minu