more than 9% injune of last year. it is a sign of the federal reserve s moves to raise interest rates to slow down inflation seems to be working. but analysts still think america central bank will raise interest rates one more time at their next meeting. it is good news for consumers but also good news for us president joe biden who counted the administration s efforts to bring prices down. he is facing re election next year and being able to control inflation without pushing the repeat into recession, it will be key in montana for years at the white house. the chief economist says he is wondering whether this is a turning point. other central banks around what asking themselves, has the us peak? we are, consumers can get the stuff they want to buy. one of the things they are concerned with is even that he had numbers is down to 3%, waved down from nine, the core inflation excluding the food and energy components are still pretty high, nowhere near the 2% target. i think w
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for corporate america and later today we are due to get the second quarter results from us carrier delta air lines. when borders were open post covid, there was a surge in demand for what is known as revenge travel. airlines are a major leap in bookings. on the flipside, stopwatches left operational challenges which resulted in flight delays or cancellations. baggage handling issues and overcrowding. our transport editor says revenge travel is in full swing this summer. travel is in full swing this summer- travel is in full swing this summer. , , travel is in full swing this summer. . ,, , , ., summer. passenger numbers are over pre- summer. passenger numbers are over pre- covid summer. passenger numbers are over pre- covid now. summer. passenger numbers are over pre- covid now. millions - over pre covid now. millions of people who are, as you mentioned earlier, engaging in what we call revenge travel. that is the travelling aggressively to make up for all of that lost time. it
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