A lot of the inflation, if you look at it in the us, is really coming from shelter and housing. And particularly you mentioned the cpi numbers earlier. While the headline cpi did increase, core cpi which excludes volatile inputs such as food and energy is actually higher. Its at 4. 3 . And thats illustrating that underlying inflation seems to be a lot stickier than anticipated, which, as far as fed policy goes, means that rates likely have to continue to stay higher for longer. The Federal Reserve has been keeping rates high, and that is likely to be the strategy we are expecting to see . Exactly, yeah, and there is other tools that potential they could leverage, such as reducing the size of the balance sheet, through so called quantitative tightening, and that could push yields up and increase Borrowing Costs which, in essence, has similar effects raising interest rates. As far as markets go, they are expecting the fed to raise rates not at this upcoming meeting, i believe, next week
staff, large numbers of displaced people are sheltering in the hospital. our correspodent injerusalem, tom bateman, has more. they have denied ordering it, but they don t deny that an evacuation is taking place. we have had a report from the afp news agency, a journalist working for them at the scene said that via loudspeakers there was an order to evacuate the hospital within the hour earlier this morning. he reported the director of the hospital had been phoned by the military and instructed for everyone to leave, for patients and staff and displaced people to make their way on foot to the seafront. the israeli military has since issued a statement saying there was no order for people to evacuate. it said it was assisting an evacuation operation at the request of the hospital s director. it also said that medical personnel would be able to stay there for people who couldn t get out. but clearly there are further moves now to evacuate people in the hospital. we have had a lo
late on friday. gaza s two main telecoms companies said mobile phone networks had been partially restored after receiving a delivery of fuel. our correspondent yogita limaye has been working with journalist majdi fathi in gaza it includes the story of one family brought into al aqsa hospital in central gaza, including a young child who later died. there are distressing images from the start. monday in central gaza. shouting tuesday. he cries wednesday. thursday. and today, another air strike, all in so called safer areas, away from the north where israel is conducting ground operations and had asked civilians to evacuate. this family was bombed in deir al balah. we re being killed and no one is doing anything about it, this man shouts. abed is still breathing, in critical condition. doctors scramble to treat the boy. on the floor, by his bed, they check his father for a heartbeat. they can t hear it. his family in shock, still finding out. ..who s been rescued, who s surv
wet face than see the meteor shower. todayis wet face than see the meteor shower. today is a beautiful day, a day to enjoy the gorgeous autumnal colours. make the most of today s sunshine, because lurking out in the atlantic this area of cloud is the next area of low pressure bringing wet and windy weather. most of us will keep the sunshine all day. the risk of one or two showers in southern wales and south west england. the sunshine turning hazy in the west ahead of the next weather system. temperatures on the cool side in northern scotland. tonight we will see the cloud gather. so, yeah, not much chance of seeing the meteors. we have rain moving in. and south westerly winds strengthening. the winds bringing milder air and temperatures up to m in plymouth. the weekend, this area of low pressure dominates, bringing wet and windy weather. the south westerly winds will bring some mild air. temperatures a lot higher over the weekend than this afternoon. in terms of the amount of