of economic advisors. thank you for being with us on bbc news. what does this tell us? it suggests consumer spending is still pretty resilient right now? i suggests consumer spending is still pretty resilient right now? pretty resilient right now? i think it is resilient, pretty resilient right now? i think it is resilient, but pretty resilient right now? i think it is resilient, but let s pretty resilient right now? i think it is resilient, but let s be - pretty resilient right now? i think it is resilient, but let s be clear, l it is resilient, but let s be clear, the number of 65 billion is lower than what most economists had predicted the average expectation was, that was on the order of 68 billion. ithink it was, that was on the order of 68 billion. i think it is good news for mr powell and the other global central bank shares syria s meeting with. the economy is resilient but it is a step and we are all looking at it and the other global central bank shares he
labour leader sir keir starmer said cowboys are running the country, but rishi sunak said the government has acted decisively. the department for education has today published a list of schools in england affected by the problem: 147 of them, with 19 forced to delay the start of the new school term. ellie price reports. when politicians go on visits before nine o clock in the morning, you know they have a point to make. the labour leader keir starmer went to parkview in north london, one of 147 schools in england who have a problem with concrete. 15 problem with concrete. 113; classrooms. problem with concrete. 15 classrooms. in - problem with concrete. 15 classrooms. in the - problem with concrete. 15 - classrooms. in the commons a problem with concrete. 15 classrooms. in the commons a few hours later. classrooms. in the commons a few hours later. a classrooms. .. in the commons a few hours later. a row classrooms. in the commons a few hours later, a row about class
that number has remained higher thanks in part to persistently high housing costs. raising interest rates is meant to combat inflation. higher interest rates make it more expensive to borrow money and that is supposed to tempt down spending which in turn should tame runway prices. president biden praised the data as good news and called on large corporations to pass the savings on to consumers. now it is up to the fed to decide whether they have done enough work to help prices return to normal. that would mean holding interest rates steady and that is what they are expected to do on wednesday. what investors really want to know is when the fed thinks it will be time to cut rates. they will almost certainly have to wait and hope for next year. of course inflation has been a big topic for many economies around the world this year. it is a different picture in china where we just found out last week the economy is slipping further into deflation, that s falling prices. with a de
will be key, but export curbs on onions is not the first one. we have seen the government take this road for rice and wheat earlier this year, and prices did come down in the domestic market after the export curbs were announced in the same happened with onions. wholesale market prices have actually been seen coming down, so that is really in the focus because despite the growth story that india portrays where we have seen multiple people updating their growth numbers in the coming months, inflation is still a sticky point and it was the reason why the central bank last friday kept the key interest rates unchanged on the higher side, showing its concern on rising food prices. onions are so important to indian cooking, aren t they? and we have seen some reaction from the producers of onions, those farmers blocking the highway. what has the response been otherwise? at been otherwise? at the moment, onions, been otherwise? at the moment, onions. which been otherwise? at the mo
it is important to bear in mind that while javier miliei came to power on a china sceptic platform he also came to power on a pro business platform. in one of argentina s most important business sectors creating the largest number of exports bringing in the largest amount of dollars as agriculture and where did the crops go? was ill, the eu and china. there is no practical way to cut ties with any of those, argentina s trading partners in more than is ill or chill a or any south american neighbours can do. chill a or any south american neighbours can do. what do you see happening neighbours can do. what do you see happening now neighbours can do. what do you see happening now he - neighbours can do. what do you see happening now he is - neighbours can do. what do you see happening now he is in - see happening now he is in office? if see happening now he is in office? , ., ~ see happening now he is in office? ~ ., see happening now he is in office? ~ ., ~ office? if you