A surge in the cost of fuel pushed up us Consumer Prices by 0. 6 , but if you strip out the volatile cost of food and fuel, the underlying rate was half that, coming in at 0. 3 . It could give Americas Central Bank some breathing room, encouraging the Federal Reserve to keep Interest Rates on hold next wednesday. Lets speak live to our north America Business correspondent, erin delmore. What do these figures tell us about the state of the us economy . Weill. The state of the us economy . Well, we are seeing the state of the us economy . Well, we are seeing the the state of the us economy . Well, we are seeing the second the state of the us economy . Vii we are seeing the second straight monthly rise in the Consumer Price index here, and that matters because the fed is meeting next week. This is in fact the last day dump they are going to get before they get together and everybody is holding their breath to see whether the fed will continue its campaign of Interest Rate rises or whether
Situation in libya. More than Five Thousand people are now known to have died, in devastating floods in the east of the country. These are the pictures from derna with people describing a tsunami of water hitting the city, after two dams collapsed. More than ten thousand people are still missing the authorities fear the death toll will double. All the details are disturbing more than 3a thousand people are now homeless witnesses talk of the sea constantly Depositing Bodies on the shoreline. Before i show you more of the aftermath have a look at the moments the floodwater actually hit this city, the power, the speed, the force, sweeping everything away. People describe the land, just disappearing in an instant. Aid agencies on the ground talk of an overwhelming need for everything from water, shelter, medicine, rescue teams with clinic and hospitals in the east of the country overwhelmed by the injured. The Rescue Operation has been made more difficult by the complicated political situa