Must resist calls for premature Interest Rate cuts. Her comments come a day after us data showed a Surprise Increase in consumer inflation. But she also warned that waiting too long could chill economic activity, saying debt is up and the Global Economy faced a decade of weak growth, which she labelled the tepid 20s. We are, indeed, heading for the tepid 20s. A sluggish and disappointing decade. Mr georgievas comments come as the International Monetary fund and its fellow lending agency, the world bank, prepares to host their Spring Meeting next week in washington, where finance ministers, central bankers and policymakers from Around The World will discuss the Global Economys most pressing issues. The annual gathering takes place as several conflicts threaten Global Financial stability, including russias invasion of ukraine and the war between hamas and israel in gaza. Staying with the us, where large banks will kick off theirfirst quarter earnings season later today. Wall street Gian
Interest rate cuts. Her comments come a day after us data showed a Surprise Increase in consumer inflation. But she also warned that waiting too long could chill economic activity, saying debt is up and the Global Economy faced a decade of weak growth, which she labelled the tepid 20s. We are, indeed, heading for the tepid 20s. A sluggish and disappointing decade. Mr georgievas comments come as the International Monetary fund and its fellow lending agency, the world bank, prepares to host their Spring Meeting next week in washington, where finance ministers, central bankers and policymakers from Around The World will discuss the Global Economys most pressing issues. The annual gathering takes place as several conflicts threaten Global Financial stability, including russias invasion of ukraine and the war between hamas and israel in gaza. Staying with the us, where large banks will kick off their First Quarter earnings season later today, Wall Street Giantjpmorgan Chase is among them.
Inspiring journey. Remembering the man who shouldve been englands first black player. Jack leslie was the victim of racism, now fans want to see him honoured with a statue outside his club. Good morning. Its going to be a fairly cloudy day today. Having said that, there will be some sunny intervals but there will also be quite a lot of showers, and some of those will be heavy and thundery. Ill have all the details at 6 27am. Carol to come a little bit later on but. Its wednesday 1st of july. Our top story the Worlds Largest aircraft manufacturer, airbus, has announced plans to cut 15,000 jobs including 1,700 in the uk. The Aerospace Giant said it doesnt expect air traffic to return to pre pandemic levels until 2023, calling the Current Situation the gravest crisis the Aviation Industry has ever faced. Andy moore reports. Its a global Aerospace Giant manufacturing a fleet of aircraft, but airbus is being hit by coronavirus like every part of the aviation sector. Thousands ofjobs will be
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