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the annual rate at which prices have been going up. inflation peaked at more than 10% last year, forcing the bank to raise interest rates aggressively to try and bring it under control. but it has since fallen sharply. and on wednesday, official figures showed it was down to 3.9% in november, the lowest rate in 2 years, and far lower than expected. that s raised hopes the bank of england will be soon able to start cutting the cost of borrowing, easing pressure on businesses and households. here s our economics editor, faisal islam. arp and now sharply down. over the past year, inflation in britain seemed like a runaway train. but it s now coming into land faster than expected. here and beyond. it has been a hard year or two for her with hundreds closing and some say prices are now stabilising. inflation is definitely killing us. the rise has gone up 15%. and behind you? us. the rise has gone up 1596. and behind you? up-and-down, i remember and behind you? up-and-down, i re
ParamountStage-merger-talksWarnerScooter-crashBirdBankruptcyWheelsNew-york-stock-exchangeTwoLookInflationUkDelivering the profit much earlier than expected . Delivering the profit much earlier than expected . Yes, it was a huge surrise, than expected . Yes, it was a huge surprise. Disney than expected . Yes, it was a huge surprise, disney has than expected . Yes, it was a huge surprise, disney has been than expected . Yes, it was a huge surprise, disney has been trying i than expected . Yes, it was a huge i surprise, disney has been trying to adapt as people ditch cable tv and switch to streaming services and they promised wall street that its Streaming Business would become profitable by september and here we are, ahead of schedule, because since disney plus launched in 2019 to compete with netflix it had been losing money, but now for the first time disney plus and hulu have turned a profit and executives say the full rate streaming portfolio is on track to become profitable later this year, so you think that would become great news, but if you look at the share price, it is down nearly 1
DisneyNewsInvestorsMessageEntertainment-giantBob-igerCornerProfit-forecastsBossProfitMoneyDisney-plusThat . I is not overheating, can it sustain that . 4. , that . I think it will. Right now the market is focused that . I think it will. Right now the market is focused on that . I think it will. Right now the market is focused on Recapturing L Market is focused on recapturing what it lost in the 5. 5 pull back we experienced since reaching the 22nd all time high on the 28th of march, and our expectation is we could continue to see us gdp growth in the 2 area but then also see inflation continue to come back down, allowing the fed to cut Interest Rates at least twice by the end of the year. Is Interest Rates at least twice by the end of the year. End of the year. Is there a risk that It Overshoots . End of the year. Is there a risk that It Overshoots . Americans| end of the year. Is there a risk that It Overshoots . Americans saved up that It Overshoots . Americans saved up a lot during the pandemic but now they seem to have exhausted that, so where does that leave us now . fiur where
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