North American Morning Briefing: Focus Fixed on Latest Inflation Print morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
Searching for Signs of Ebbing U.S. Inflation; Fed s Williams Warns Rates May Stay High for Some Time By James Christie Good day. Today, the Labor Department will release its report on the.
MARKET WRAPS Watch For: Consumer Price Index for December; Weekly Jobless Claims Today s Headlines/Must Reads - Google Trims Hundreds of Jobs as It Marshalls Resources for AI -. -January 11, 2024 at 06:18 am EST
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and its head says there might be more to come. plus might be more to come. the latest from the earnings plus the latest from the earnings season. airbus and boeing have both released their latest quarterly results. welcome to asia business report, with me, mariko oi. our top story for you this morning, the us federal reserve has moved to hike the cost of borrowing once again. the central bank raised interest rates by a quarter of a percentage point, bringing it to the highest level in 22 years, and as my colleague michelle fleury explains, they have left the door open for more. the federal reserve has moved with unprecedented speed to get inflation under control. since march of last year, it has raised its benchmark rate by five and a quarter percentage points. its latest move is likely to pick up the cost of borrowing for american businesses and consumers even further, with inflation showing prices rising more slowly than a year ago, the key question at the press
inflation rise as well, but of course the bank of japan hasn t hiked at all yet, and so we are still waiting for that first tweak to policy, just to tap the brakes a little bit and help to call down the economy. and ijust want help to call down the economy. and i just want to ask you, it is easy to criticise those central banks, but they have a really tricky job to central banks, but they have a really trickyjob to do, and in terms of tackling inflation while not pushing the economies into a recession, so far at least, have they actually done a pretty decentjob? least, have they actually done a pretty decent job? a pretty decent “ob? actually, es, we a pretty decent “ob? actually, yes. we need a pretty decent job? actually, yes, we need to a pretty decent job? actually, yes, we need to give - a pretty decent job? actually, yes, we need to give credit i yes, we need to give credit where it s due, at least at the time being, it looks as if no central bankers have engineered a so