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Transcripts For BBCNEWS The 20240703

Minister Fumio Kishida and a range of other topics in boston, democratic strategist mary anne marsh. And from london, former conservative mpjustine greening. First the latest headlines. Israel has confirmed its killed three adult sons of the hamas leader, ismail haniyeh, with an air strike in gaza. It described them as military operatives on their way to carry out terrorist activities. Mr haniyeh, whos based in qatar, said his Family Gathering for the final day of ramadan. Israel has confirmed its killed three adult sons the European Parliament has approved a contentious reform of its migration and asylum rules. It will speed up requests from irregular migrants, and repatriation if their deemed inadmissible. Poland says it wontjoin the mechanism to share hosting of migrants. The worst flooding in almost a hundred years has hit russia and kaza kstan. More than 100,000 people have been evacuated. In the russian city of 0renburg home to half a Million People the water has reached dangerou

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Transcripts For BBCNEWS The 20240703

Its high Interest Rates. North America Business correspondent Erin Delmorejoins Me now. Good to see you. Put a bit of contact around the numbers for us. Sure, so this is not the Inflation Report a lot of people were looking for because remember, we saw hotter than expected Inflation Injanuary and february today we see that data again in march. And not only is it higher than expected, but we are seeing this trend upwards. And thats not what the fed wants to see when they talk about Cutting Confederates Interest Rates this year. The expectation when wrapping up year. The expectation when wrapping up 2023 was we could see as many as three Interest Rates cuts this year, as soon asjune. But when you see inflation is sticky and persistent as we see in the data, that becomes harder to envision, and indeed when this came out at 8 30am est today, you saw the expectations for that june Interest Rates cut drop. find june Interest Rates cut drop. And how does that june Interest Rates cut drop. An

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