The economy too much. To dicsuss this further im nowjoined by the Bank Of England 5 former head of international surveillance, katharine neiss. She is now the chief european economist for pgim fixed income. Good to have no surprise that Interest Rates are still rising. Do you think that this is it . ~ ,. ,. , is it . The banker very clear today that if inflation is it . The banker very clear today that if Inflation Remains is it . The banker very clear today that if Inflation Remains resilientl that if Inflation Remains resilient at higher levels, then they could see Interest Rates are going higher from here. That said, to me, the really big message coming out of the Bank Of England today was, even in the absence of further rises in Interest Rates, they really see these higher Interest Rates that we have seen more recently as he had to say for quite some time. Yes. Have seen more recently as he had to say for quite some time. Say for quite some time. Yes, and this is taming say for qui
state of emergency as intense storms hammer the golden state. we can t live like this. atmospheric rivers washing out roads and bridges leaving people trapped in their mee joi management director from one of the hardest hit counties. the economy still red hot notching another strong jobs report. we ll tell you where the job gains are and why this complicates the fight to tame inflation. all the money is in the bank. i don t know what we re going to do now. reporter: a capital crisis, a stunning free fall leading to the second largest collapse of a financial institution in u.s. history. could there be a domino effect and what does this mean for those with accounts at svb? i think it was an overreaction to the destruction of property. large rocks, your only intent is to harm. police and protesters clashing over a controversial police training facility near atlanta. how things turned violent and why tensions remain high this weekend. can you feel that? it s the
this is the scene in one of those cities in central ukraine after a building was apparently hit by a missile. and this is the same scene we can show you, it is daytime now obviously, rescue workers are desperately looking for survivors who may be trapped in the rubble. president zelensky has been speaking and has described scenes like this is another night of russian terror across ukraine. let s take a look at the scope and scale of the attacks last night. most of the fighting in recent months has been confined to the east of the country, centred mainly on the dom region. but that changed in the early hours of the morning, the capital kyiv was attacked, the first time it s been a target for more than 50 days. looking further south, in the city of uman, an apartment building collapsed, at least six people were killed. others are feared missing beneath the rubble. and heading further east to the city of dnipro and another deadly attack. the local mayor said a mother and her thr
we start in the us, where the rate of inflation has slowed to its lowest level in nearly 2 years. figures released in the last hour, show the consumer prices index came in at 5% last month, lower than expected. but what does it mean for central banks that have been agressively raising interest rates around the world, to keep a lid on prices? well the deputy director of the imf has been speaking to our north america correspondent, samira hussain, about what could happen next. let s speak to her now. she s in washington. it isa it is a really interesting interview. if the idea that banks need to hold firm on the idea of raising rates until we are clear of the peak of inflation? we raising rates until we are clear of the peak of inflation? raising rates until we are clear of the peak of inflation? we spend such a lona time the peak of inflation? we spend such a long time in the peak of inflation? we spend such a long time in an the peak of inflation? we spend such a long ti
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