and it has fallen pretty sharply from its peak of more than 9% injune of last year. it is a sign that the federal reserve s moves to raise interest rates to slow down inflation seems to be working. but analysts still think america s central bank will raise interest rates one more time at their next meeting. now, the cooler inflation is good news for consumers but it is also good news for us presidentjoe biden, who touted the administration s efforts to bring prices down. now, he s facing re rlection next year and being able to control inflation without pushing the economy into a recession will be key if he want another four years in the white house. william lee is the milken institute chief economist and he says everyone is wondering whether this is a turning point. that is the ultimate question at the fomc and all the central banks around about asking themselves, has it peaked? a lot of the inflation decreases have come about because supply chain to become restored around th
connection we have with that person. whilst i m making no allegations whatsoever against any of the individuals and this must be investigated with rigour and fairness, the absence of any criminal charges is very, very significant. so the bbc must investigate, and must investigate whether huw broke any of the editorial guidelines or any of the principles of the bbc s employment contracts under which he works. i hope the bbc will do that thoroughly and rigorously and i hope they will also do it quickly. what it does now begin to suggest that what we ve got here is a much more nuanced situation that originally appeared to be this case what might others have done wrong in order trying to extract things for him? , ., order trying to extract things for him? , ., ., ., ., him? let s re oin laura trant in the newsroom. the sun made a statement in the past hour. as the sun made a statement in the past hour. , ,, ., the sun made a statement in the past hour. ,,4~ ,, 4 the sun
from across the uk, head to the bbc news website. hello, i amjack with the catch up. we re going to start tonight with the news that the wife of the bbc news reader, huw edwards, has named him as the presenter facing misconduct allegations. he was suspended by the bbc after the sun newspaper published claims that he paid a teenager for explicit images. a little earlier, the met police said there was no evidence of any criminality, after looking at the sun s allegations. in a statement, his wife, vicki flind, said huw is suffering form serious mental health issues and. the bbc says it will now continue its own investigation. a couple of other stories for you, then. we have been talking lots about the cost of owning your
resigned from the bbc. 0f saying that huw edwards has not resigned from the bbc. of course, we have heard from the bbc as well earlier today. a bbc spokesperson said that they have seen the statement from the police, confirming they have completed their assessment and that the police are not taking further action. in the bbc has said that the police had previously asked us to pause our fact finding investigations, and we will now move forward with that work, ensuring due process any thorough assessment of the facts while continuing to be mindful of our duty of care to all involved. so thatis our duty of care to all involved. so that is what we have heard in the last hour from the bbc, from the police and from the wife of huw edwards, who has named him as the presenter at the heart of allegations that have really taken centre stage in the media over the past five days. with me is our correspondent helen wilkinson helen wilkinson. 0ne correspondent helen wilkinson helen wilkinson.