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Transcripts for BBCNEWS World Business Report 20240604 04:33:00

they going to go and how are we going to know? going to know? so i think toda s going to know? so i think today s cpi going to know? so i think today s cpi number - going to know? so i think today s cpi number was l going to know? so i think - today s cpi number was mostly good news from the federal reserve s perspective, as the video before mentioned this was the 11th straight month where we have seen the price decline. this number is good for a skip not a pause. i think the fed will likely not take any action today but is more likely to at their meeting injuly. they will be looking for a continuing decline in the price level and an increase in unemployment, but there will also look at consumers, the stability of the banking system, and how raising rates will affect the market for us treasuries. will affect the market for us treasuries. they have a little bit of wiggle treasuries. they have a little bit of wiggle room. - bit of wiggle room. potentially, as you say, pausing this

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