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Transcripts For BBCNEWS World Business Report 20240706

and driving hands free around the streets of london, we take a look at the driverless car that may be a gamechanger. let s now get down to business. let s start in the us, where it looks like interest rates will be headed higher and higher. speaking to a senate committee the chair of the federal reserve, jerome powell warned more action might be needed to stabilise prices and tame inflation. many analysts had been expecting another quarter percent rise when the fed meets later this month, but now some are predicting an ever bigger increase. investors didn t like the news, as you can see it sent us financial markets tumbling. the dow, nasdaq and s&p 500 all saw a sell off after powell s comments. our north america business correspondent samira hussain reports from new york. last year, the federal reserve raised interest rates at the fastest rate since the 1980s and it seemed to have helped inflation a little but the labour market remains resilient. the lastjob through sport sh

Transcripts for BBCNEWS World Business Report 20240604 05:48:00

sought over the past year stop cafe manager wants jeremy to reduce inflation and taxation. prices have gone up and energy prices, after the current situation. hoping that the vat will be cut in the business rate will help us to keep the product in lower prices. haifa product in lower prices. how likely do product in lower prices. how likely do think product in lower prices. how likely do think that - product in lower prices. how likely do think that is - product in lower prices. how likely do think that is to - likely do think that is to happen, given where the uk s finances are right now. i’m finances are right now. i m hoinu finances are right now. i m honing they finances are right now. i m hoping they will finances are right now. i“n hoping they will work out something, you know, to help the businesses that give their whole support of the businesses. we rejust whole support of the businesses. we re just going to wait for the plan. businesses. we re ust going to wait fo

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