A move that was expected. The current cost of borrowing now sits at five to 5. 25 , the highest in 16 years. But is the fed finally done with rate hikes . The bbc s Samira Hussain reports from new york. Inflation remains stubbornly high to try and get the cost of living back down to more normal levels. The federal reserve, americas central bank, has raised Interest Rates ten times in a little over a year. And now it seems it may be ready to perhaps take a pause. The committee will take into account the cumulative tightening of Monetary Policy, the lags with which Monetary Policy affects Economic Activity and inflation and economic and financial developments. We will make that determination. Meeting by meeting. The rate rises have slowed Economic Growth in the United States by making it more expensive to borrow money. And inflation is starting to come down. But there have been some unexpected Knock On Effects of the rate hikes. They played a part in the Banking Crisis where three banks
temperatures in the midlands at the minute only around 11 degrees so it is chilly but in the sunshine for west scotland and northern ireland temperatures soaring to around 2a or 25 degrees. so a massive contrast in the weather and in temperature even though we are underneath the same high pressure. overnight the cloud comes back in and as temperatures drop below 10 degrees we start to get some drizzle falling from that cloud sheet. across parts of east scotland and eastern central parts of england it is likely to be a damp start to thursday morning. the morning the drizzle petering out but the cloud will linger across some eastern areas, further west a better chance of seeing the cloud break. for example across parts of wales and the west midlands. temperatures might be climbing again into the 20s in those sunny skies out west. on friday high pressure is still there but we think there will will be less cloud around some more of us should have that brighter weather with sunshi
including the uk, don t know where they ll be able to watch the matches. the british government, along with those in france, germany, italy and spain, have released a statement urging fifa and broadcasters to settle the matter, for the good of the women s game. jose mourinho has taken another swipe at his old club tottenham, ahead of the europa league final later. his side roma take on sevilla and mourinho was eager to point out he s won all five european finals he s been involved in. he says he just needs to be given the time to succeed. in roma, they didn t sack me before the final, in tottenham they sack me before the final at wembley. roma gave me the chance to win the final, and at tottenham i had no chance. england captain ben stokes says the only way he won t take a full part in the ashes this summer is if he can t walk . he s had problems with a persistent knee injury, and only played two games for chennai super kings in the indian premier league because of issues
rain. sunny skies on saturday. saturday will be the best day of the weekend, so mother nature has it right. come sunday, the rain will reach liverpool. so we just about get away with it. but it will be a nice day. back to the here and now. right now, we have high pressure building across scotland and ireland. to the east of the country, though, we have a breeze off the north sea. there is thick cloud. we have had some rain in the south and south east from a weak weather front crossing us. this is where the cooler conditions are, ten, 12, 1a degrees further east. at the moment, temperatures are in the high teens and will probably hit 20 degrees for western scotland, northern ireland, wales and in the south west as well. tonight, we will have thick cloud across eastern and southern and central parts of england. in the north and west, as well as northern ireland, clearer skies, and where we have clear skies overnight, sunshine will greet us first thing on saturday morning. so a
hello from the bbc sport centre. let s start with the question marks over declan rice s future at west ham manager david moyes says there is a good chance the captain will leave at the end of the season. the midfielder s contract is set to expire in 2024, although the club do have an option to extend that by a further year. so far rice has rejected all efforts to get him to sign an extension, amid interest from other top clubs. we honestly hope declan stays, that is the biggest thing, we would love declan to be a west ham player. but we are aware that might not be the case come the end of the season. that is one of the scenarios you talk about planning. 0ur that is one of the scenarios you talk about planning. our plan is we have him here, but we are aware we don t have that chance. manchester city boss pep guardiola says he doesn t understand the scheduling of their fixtures as they face into a hectic few weeks until the end of the season. city are chasing a possible trebl