here s where the bank s base rate stands at the moment at 5.25% it is the highest in 15 years. the bank has raised the cost of borrowing fourteen times to try and tame soaring prices but inflation has eased sharply in recent months and the expectation now is that rates may soon start to come down. however, for those in the uk hoping for cheaper mortgages and loans there was something of a bad omen in the us, where the chair of the federal reserve seemed to dash expectations of a rate cut next month. as michelle fleury reports. the fourth meeting in a row, the federal reserve did not raise interest rates. this is the longest pause since policymakers began their aggressive rate campaign to tame inflation back in march of 2022. but for rate weary americans, well, they will likely have to wait a few more months to see any relief, given these comments by the federal chair. based on the meeting today, i would tell you that i don t think it s likely that the committee will reach a
Factories in china to shut down, well discuss the impact on Global Industrial supply chains. And india has released its latest budget. But despite a big injection of state funding for its Agriculture Sector, well find out why the stimulus fell short of expectations for many. And making a great impression with employers well be getting the inside track on how to stand out from the crowd in a competitivejob market. And its the 3rd of february National Sickie day in the uk. Apparently. So we want to know would you ever pull a sickie and if so, for what reason . Let us know just use the hashtag bbcworklife. Hello and welcome to worklife. A warm welcome to the programme. A lot of you getting in touch with tweets on that national six day story, some taking issue with the very notion of it and we will come to that later in the programme. We start in china where stocks and commodities have dropped sharply as trading resumed after a longer than usual Lunar New Year break. The slump comes despit
New Delhi: NSE chief Ashishkumar Chauhan on Friday cautioned retail investors against trading in derivatives and suggested them to invest in equities .
India Business News: Finance minister Nirmala Sitharaman said the Modi govt intends to move on the reforms path to boost macroeconomic stability and growth, amid indicatio