as inflation cools. from new york, our north america business correspondent michelle fleury sent this report. the december notes from the us central banks last meeting showed policymakers are feeling better about inflation. they agreed with investors that interest rates are at or near the peak for this cycle. they also agree it will come down this year. but they offered no clues as to how or when that will happen. to remind viewers, the federal reserve started raising rates in march 2022 to tame inflation. it did so 11 times, taking the benchmark rate to 5.5%. inflation, by the time of the last meeting, had dropped to 3.2% from a peak of 9.1%. meanwhile, new data out on wednesday showed the number ofjob openings in the united states fell to 8.79 million in november. this points to weaker demand for labour but is still well above pre covid levels. that is consistent with the fed s goal. to slow the economy without triggering a nasty recession. the feds first rate setting meeti
is among several injured in a stabbing in italy which left one person dead. and in sweden, resesarchers say they re close to completing the first crash test dummy based on an average woman. and in sport, england s progress at the men s t20 world cup match looks precarious as rain delays their match against australia in melbourne. the world s richest man, elon musk, has completed his long running £38 billion takeover of the social media company, twitter. the entrepreuner tweeted the bird is freed, in an apparent reference to the deal closing. mr musk also posted a longer statement on twitter, saying he didn t buy the firm to make more money. i did it to try to help humanity, whom i love . there are reports that a number of senior executives have been sacked and escorted out of the company s san francisco headquarters by security. elon musk has previously been critical of twitter s moderation policy. twitter has not yet confirmed the takeover, but an early investor in
the vatican says at least 65 thousand people have filed past the body of the former pope, benedict the sixteenth, on the first day of his lying in state. you are watching bbc news. coming up, addiction a mental health crisis. hurry. tony has invited me over to look around his flat. he s busy and have been roped to help. just lengthwise- have been roped to help. just lengthwise. something - have been roped to help. just lengthwise. something needs have been roped to help. just - lengthwise. something needs fixing. i want to find lengthwise. something needs fixing. i want to find out lengthwise. something needs fixing. i want to find out what lengthwise. something needs fixing. i want to find out what is lengthwise. something needs fixing. i want to find out what is at - lengthwise. something needs fixing. i want to find out what is at the - i want to find out what is at the root of 20 s problems. he is 58 now. but it all started he was a teenager. and his mum and dad
says his party hasn t got complacent, and repeats calls for a general election. these people are so fed up. they are entitled, they want a say in this. there is a choice to be made. we need a general election. let the public in to decide. do they want to continue with this utter chaos? elsewhere, headteachers in england say 9 in 10 schools will have run out of money by the next school year due to the cost of living crisis. good afternoon. rishi sunak has formally entered the contest to become the next conservative leader and prime minister. the former chancellor says he wants to lead the country with integrity, professionalism and accountability . he already has the required backing of more than 100 fellow tory mps. this afternoon suella braverman, the former home secretary became the latest high profile mp to endorse him. writing in the telegraph ms braverman says the tories all need to compromise but that rishi is the only candidate that fits the bill to deliver unit