companies, those lower oil and gas prices are taking a toll. hello and welcome to asia business report. i m mariko 0i. the big week for us economic news continues, as the us federal reserve s preferred measure of inflation will be released later today. and more evidence of slowing inflation would boost hopes that the world s biggest economy could be headed for a soft landing. this is as the latest data showed the american economy growing 2.4% in q2, topping expecations. michelle fleury with more. personal consumer expenditures measures how people spend their money, the inflation update is one of the pieces of data watch closely by america s central bank. raised rates by a quarter of a percentage point this week by more than two decade high,
guterres the latest economic data shows continued growth out of the united states, despite ongoing fears of a recession. plus, earnings season is well underway, but for energy