Here is chair, jerome powell, during his press conference. The economy has made considerable progress toward our dual mandate objectives. Inflation has eased substantially over the past year, while the Labour Market has remained strong. And that is very good news. But inflation is still too high, further progress in bringing it down is not assured and the path forward is uncertain. We are fully committed to returning inflation to our 2 goal. While the prices of many goods have fallen, from cars to furniture, an increase in housing and Petrol Prices have contributed to a recent rise in consumer inflation. With progress on inflation taking longer than expected, hopes for lower rates have dimmed. One scenario that could change that calculation . Chair powell said if the Labour Market unexpectedly weakened, that could spur rate cuts. And sweetening the mood on wall street, the Dowjones Industrial Average closed higher, after the fed chair implied that the Central Banks next move was unlike
Mandate objectives. Inflation has eased substantially over the past year, while the Labour Market has remained strong. And that is very good news. But inflation is still too high, further progress in bringing it down is not assured and the path forward is uncertain. We are fully committed to returning inflation to our 2 goal. While the prices of many goods have fallen, from cars to furniture, an increase in housing and Petrol Prices have contributed to a recent rise in consumer inflation. With progress on inflation taking longer than expected, hopes for lower rates have dimmed. One scenario that could change that calculation . Chair powell said if the Labour Market unexpectedly weakened, that could spur rate cuts. And sweetening the mood on wall street, the Dowjones Industrial Average closed higher, after the fed chair implied that the Central Banks next move was unlikely to be a rate hike. As youve heard from the Us Federal Reserve, Interest Rates in america will remain high for some
After having his 2020 rape conviction overturned on appeal last week. Weinstein s conviction was seen as a historic milestone for the me too movement, which saw hundreds of men accused of sexual misconduct. Floridas six week abortion ban has come into force, closing the door for now on the last major Abortion Access point in the us south. The new legislation replaces an existing 15 week law. Pro choice campaigners say the ban will push an overstretched system to the brink. Parliament in georgia has provisionally approved controversial new legislation, despite violent protests and clashes with police. The foreign agents law requires organisations to state whether theyre funded from abroad. Welcome to the programme. The Student Protests in america are not the anti apartheid protests of the 80s this isnt 1968, either. Yes, the university of columbia, has an honoured place in the history of american protest but in previous protests, the students were in it together, this is something diff
Side. The persecutor set our thoughts remained firmly with the family of daniel in all those impacted by this horrific incident we do remind everyone that criminal proceedings against the defendant are now active and that he has arrived to a fair trial. Obviously, our reporting will be limited while those proceedings are active. Marcus Aurelio Arduini Monzo charged tonight with two counts of Attempted Murder and two counts of grievous bodily harm. As well as that charge of murderfor bodily harm. As well as that charge of murder for that he has bodily harm. As well as that charge of murderfor that he has been charged with murder in the murder of 14 year old daniel. Lets get a check on the sport for the mark edwards, hello. Were going to start in germany where Borussia Dortmund host Paris Saint Germain in the first leg of their Uefa Champions League semi final. Dortmund winning the competition dortmund winning dortmund won the competition in 1997 while star studded psg are still hunting
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