ongoing progress in bringing it down is not assured, and the path forward is uncertain. chairman powell said that if all goes as expected this year, rate cuts will be appropriate, and the fed will continue to make decisions meeting by meeting. what does this decision mean for asian economies? stock markets are likely to see a bruce. we've a 67% chance as far as a rate cut injune — that's where the analysts are supporting it — and i think overall, momentum to the upside. so, there could be a good little rally as far as asia. and keep rolling across the whole fabric of asia into australia as well. so, i think it could be a good news story. and the way the fed is handling this, does a soft landing look like it could be on the cards. you know, everybody wants sort of certainty when it comes to markets and how things are progressing. that's also a positive outlook for asia, isn't it? well, exactly right. i think that's what their after. i mean, naturally, you're looking at three rate cuts this year, that's what jerome powel is saying. the next part of it is whether you're going to see central banks in asia copy that sort of movement later in the year as well. and the whole theme is one of a very soft landing as long as inflation remains or gets to that 2% to 3% target range. that is what the fed is always targeting, that 2% inflation rate. a lot of the discussions of where this is going is based on the strength of the us economy. can you give us an idea of why the us economy is so strong. you've only gotta look at it as far as equity markets, they've been extraordinary of the last 1a or 15 months. that's been strongly bid up. you've got recently good unemployment in the sense that it is low. that's been strong. and the inflation side, with higher interest rates, is certainly fighting the consumer, but the overall momentum of the economy has been relatively bulletproof. so, as it rolls forward, we've gotta see how that maintains over the northern hemisphere summer. and it mightjust happen to be a relatively good roll—up as far as an election year as well. in other news making headlines: intel has received nearly $20 billion in grants and loans from the us government, in one of the largest investments made in the american semiconductor industry. it's part of the chips act, which is aimed to boost production in the domestic chip industry to reduce reliance on china and taiwan. the tech giant's plans for the money include building the largest ai chip plant in the world in ohio, starting in 2027. boeing is struggling to meet its financial goals as it faces financial issues. the company's finance chief says fewer deliveries, lower production and pressure is affecting it. a door plug dislodge midflight on an aircraft injanuary. staying aviation, and here in asia carriers are grappling with skyrocketing demand but they're also having to face jet safety concerns and a shortage of labour. the bbc�*s suranjana tewari caught up with the boss of budget carrier, cebu pacific, and started by asking him why the philippines has such potential as an aviation market. one of the problems that the philippines had for so many years has been on infrastructure. that infrastructure is improving but specifically, if we look at the airfields, we're starting to see real opportunity there. first of all in the short to medium—term. manila airport, naia, as it's called, that's just been privatised, so what we expect to see there now is that there will be some investment goes in that will improve the services. it will also increase the capacity. we clearly need to increase our commitment in terms of the capacity we're putting into the market. we're currently 55% domestic market share. if we want to maintain our relevance, we've got to get a fleet that will go and populate those roadways — because it will be runways — so hence we're looking at an order of about 100 aircraft with options on top, with deliveries to start in the period 27 and 28, which will take us through to 2035. are you looking at the boeing max family, given everything that's going on? do you have any safety concerns about that generation of planes? none whatsoever. i mean, i'm concerned that the industry needs to make sure that it carries on doing what it's done for decades in terms of making sure that it looks after safety first and foremost, before anything else. boeing know this and they will sort this. there's no question that this will be resolved, in the months and certainly in the years ahead. our order is not until 2027, the first delivery. so absolutely, by the time it happens there, we will be sorted, boeing will be sorted. in terms of sustainability what is cebu pacific doing to try and meet the goals of the industry has set? first of all we have to accept that it's going to be a long road before we get to a net zero position. i think in the last couple of years there's been lots of statements out there about we're going to do this and that and i think aviation has a real challenge on its hands to find a replacement for kerosene. sustainable aviation fuel is the way forward for the majority of what the industry needs to do, but frankly, there's just not enough of it. and it's too expensive at this point in time. what we've got to do is make sure we're working with everyone in terms of bringing that in so there's the development. whether that's us flying around with some sustainable aviation fuel, which we've done, we do it on our delivery flights, we've done it on commercialflights, the first low cost carrier to do that. anything we can electrify we are. ground handling equipment, that's been renewed with battery equipment. buses that we use are battery—powered. our staff buses are battery—powered as well. all those things we can do, even though it might not be as significant as in an aircraft, we're doing already. indonesia's electoral commission has announced the official results of last month's election. defence minister prabowo subianto is set to become the country's next president. the final tally showed that mr prabowo and his running mate secured more than 58% of all votes cast. since the polls, he has unveiled ambitious plans for southeast asia's largest economy. but not everyone is convinced they can be achieved. our business reporter joao da silva has more. it's confirmed, indonesia's defence minister prabowo subianto will be taking the reins of southeast asia's largest economy from october. under his predecessor's business—friendly economic agenda, the country has been growing at an annual rate of 5%. it has become a darling of emerging market investors, and a major note in the global electric supply chain, due to the country's nickel reserves. but prabowo has bigger ambitions, and he believes 8% annual growth is achievable within the next five years. to meet that target analysts say deep structural reforms need to be made. lifting growth to 8% from 5% will take more than the fiscal handouts that president prabowo has promised in his campaign, and a few rate cuts from the central bank. the reason why indonesia is caught in its 5% growth trap are structural bottlenecks. currently it lags is asean peers, both in terms of manufacturing productivity as well as labour productivity. so if you're gonna to enter the 8% growth trajectory, you really have to show a commitment towards lifting productivity growth through structural reforms and a continued push on infrastructure spending. since the votes, mr prabowo has promised to do at least some of that. he's hinted he favours privatising some of indonesia's state—owned enterprises, and he has vowed to maintain fiscal discipline while widening the country's tax base. however some of his spending plans have triggered warnings from rating agencies. for example, his idea of free lunches for 18 million students. that would cost the country about 2% of its gdp. and that's one of the reasons cited as a disconnect between his campaign promises and his economic goals. social media platform, reddit, has priced its initial public offering at the top of its targeted range ahead of making its stock market debut. the price is set at $34 a share, giving reddit a valuation of around $6.4 billion. this offering comes as the tech sector is seeing a big slowdown in ipos. a quick look at the markets before we go. japan nikkei is trading up by 1.6% higher after hitting a threshold high earlier in the day. this comes after the federal reserve is kept interest rates unchanged. the central bank also reinforce expectation that borrowing costs could be cut as many as three times this year. that is something we will be keeping an eye on in business report. in the meantime, i will see you soon. hey, i'mjulia with the catch up. tonight a royal privacy breach, mental health in football, and an eco warrior dog. we'll start with the hospital where the princess of wales had surgery in january. they've said any breach of her privacy would be investigated. that's after the daily mirror reported that at least one hospital worker tried to access her medical records without permission. she spent almost two weeks at the london clinic and has stepped back from the public eye while she's recovering, but her absence has led to loads of conspiracy theories and speculation online, which has only got worse since the princess apologised for editing a mother's day photo of her and her three kids. richarlison, the tottenham forward, has opened up about seeking psychological help. the brazilian footballer said he was at rock bottom, but therapy helped him to turn things around. he said he asked for help in september, after he was pictured in tears, being subbed out at the brazil world cup match versus bolivia. at a press conference, he urged anyone with mental health problems to do the same thing. translation: as a national team player who has had such an active voice, i want to tell people to seek help, and i can particularly say that because it saved my life. and we'll leave you with ten seconds of this eco dog. have a look. this is gonzalo and his border collie, sam. they're known around chile's capital city for keeping the park litter free on their walks. in fact, sam is such a local celeb that his image has been used by park officials in their campaigns. you're all caught up now. have a good night. hello there and welcome along to sports day. i'm gavin ramjaun. wales take on finland in their crucial euro playoff semifinal as international football commences over the coming days. david warner is one of the big names to miss out on selection at the 100 draft. we'll bring you all the details. and owen farrell says he's still happy with his decision to step away from international rugby. hello there and welcome along to sports day. we start with what's set to be a big week for international football, not least for wales, who face one of their final hurdles in qualification for this summer's european championship. they take on finland in their play off semifinal tie on thursday in cardiff. they are, of course, without their talisman, gareth bale, who retired over a year ago, as they look to make a third successive euros. thomas duffin reports. relaxed and relishing another chance of making it to a major tournament. the manager says his players will draw on the experience of recent world cup play off matches in cardiff, when wales made the most of home advantage. we've been there, we've been through it. so i think having gone through that as a player, it's certainly helped. in situations like this, pressures is pressure, whether you're a manager, whether you're a player. so we've all been exposed to pressurised situations and i think you learn it's never comfortable, but you learn to deal with it. a big factor in getting to major tournaments has been