mid-2022 from its peak of 1.9% in mid 2022 tojust 3.1% from its peak of 1.9% in mid 2022 to just 3.1% in november. that is above the beds target of 2% and jerome bed s target of 2% and jerome powell cautioned the committee had not ruled out raising rates again in the future. still, wall street, all three markets finished higher and the dow jones industrial average jumped more than 500 points to a record close. this is the third time in a row after all that central bank decided against another rate hike. for investors are satisfied that the fed is done, the only question on their minds is when will the fed start cutting them? what happened in the us overnight? i talked to someone from t rowe price earlier and asked her what the fed s decision means the rest of the world. j decision means the rest of the world. ~ , , ., , world. i think this is a very aood world. i think this is a very good question world. i think this is a very good question on - world. i think this is a ver
from its peak of 9.1% in mid 2022 tojust 3.1% in november. that is above the fed s target of 2% and jerome powell cautioned the committee had not ruled out raising rates again in the future. still, for wall street, all three major markets finished higher and the dow jones industrial average jumped more than 500 points to a record close. this is the third time in a row after all that central bank decided against another rate hike. for investors satisfied that the fed is done, the only question on their minds is when will the fed start cutting them? that s happened in the us overnight. i talked to someone from t rowe price earlier and asked her what the fed s decision means the rest of the world. i think this is a very good question on what we have seen during this business cycle is that the fed and the us rates tend to lead other markets so that is one way we can take signal from what s happening here. there has been enough progress on inflation that makes the fed feel comfort
to ease rising prices. data you may recall this week showed a drop from its peak of 1.9% in mid 2022 tojust 3.1% in november. that is above the beds target of 2% and jerome powell cautioned the committee had not ruled out raising rates again in the future. still, wall street, all three major markets finished higher and the dow jones industrial average jumped more than 500 points to a record close. this is the third time in a row after all that central bank decided against another rate hike. for investors satisfied that the fed is done, the only question on their minds is when will the fed start cutting them? investment firm t row what happened in the us overnight? i talked to someone from t rowe price earlier and asked her what the fed s decision means the rest of the world. i think this is a very good question on what we have seen during this business cycle is that the fed and the us rates tend to lead other markets so that is one way we can take signal from what s happeni
that we there are many elements in the deal that we don t like. we would have liked that we don t like. we would have liked it that we don t like. we would have liked it to that we don t like. we would have liked it to have gone further and we would liked it to have gone further and we would have liked it to have gone further and we would have liked there to be all parties would have liked there to be all parties agreeing to absolute economy wide targets when they next do the next set wide targets when they next do the next set of wide targets when they next do the next set of targets. but they are economy next set of targets. but they are economy wide, that is agreed in the text economy wide, that is agreed in the text 15 economy wide, that is agreed in the text. 1.5 degrees is held as a north star, text. 1.5 degrees is held as a north star, exactly as the president of the cop star, exactly as the president of the cop said it needed to be in for this
million cars after the us regulator found its autopilot system was partly defective. the company says it is issuing a software fix. and find out what we ve been watching, as for the first time, netflix releases viewer data on its catalogue. time for a look at the business news now with ben. what do you have for us? matthew, thank you very much. we start with news from tesla. the carmaker is recalling more than two million cars after the us regulator found its driver assistance system, autopilot, was partly defective. the recall applies to every tesla sold in the us since the autopilot feature was launched in 2015. tesla said it would send a software update over the air to fix the issue. our north america business correspondent michelle fleury joins us now. michelle, explain this, there are lots of cars but the fix is relatively simple, we think. if lots of cars but the fix is relatively simple, we think. if you listen to the relatively simple, we think. if you listen to