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as inflation cools. from new york, our north america business correspondent michelle fleury sent this report. the december notes from the us central banks last meeting showed policymakers are feeling better about inflation. they agreed with investors that interest rates are at or near the peak for this cycle. they also agree it will come down this year. but they offered no clues as to how or when that will happen. to remind viewers, the federal reserve started raising rates in march 2022 to tame inflation. it did so 11 times, taking the benchmark rate to 5.5%. inflation, by the time of the last meeting, had dropped to 3.2% from a peak of 9.1%. meanwhile, new data out on wednesday showed the number ofjob openings in the united states fell to 8.79 million in november. this points to weaker demand for labour but is still well above pre covid levels. that is consistent with the fed s goal. to slow the economy without triggering a nasty recession. the feds first rate setting ....
and the countries on the edge of bankruptcy and the most vulnerable people on the edge and the most vulnerable people on the edge of famine. gridlock at the english channel as the port of dover is overwhelmed with traffic, and warnings of worse to come. and the more you look at the stars, the more you see! we ll explain how a powerful new space telescope is widening our view of the universe. welcome if you just joined welcome if you justjoined us. i m shaun ley. we start with some breaking news from washington, where steve bannon, who worked closely with former president trump as a strategist, has been found guilty of contempt of congress. the charges were brought after he defied a summons to testify at the congressional hearings into the january the 6th riots at the us capitol building. he ll be sentenced in october he could face up to two years in prison. but, speaking outside the courtroom in the last hour, he remained unrepentant. i want to thank start by t ....
the black sea and tackling the globalfood crisis. if you have justjoined us you are welcome and we begin in the uk with a brace to replace borisjohnson as conservative party leader is gathering momentum. on wednesday evening the shortlist of eight came sex, as former foreign secretaryjeremy hunt and the current chancellor nadhim zahawi were eliminated from the first round. by the end of next week, the list will be narrowed down to two names which will then go to the party boat with 60,000 members around the country for a final decision. the former chancellor rishi sunak got the most votes from conservative mps, he has criticised other contenders for offering fairytales on tax, saying cutting taxes now would stoke inflation. it is saying cutting taxes now would stoke inflation. stoke inflation. it is not credible stoke inflation. it is not credible to stoke inflation. it is not credible to promise - stoke inflation. it is noti credible to promise lots stoke inflatio ....
been assassinated while delivering a speech at a campaign event. translation: | pray that - somehow his life could be spared but unfortunately he passed away despite these prayers. this is truly unfortunate and i have no words to express how i feel. britain s cameron norrie is about to face serbia s 20 time grand slam champion novak djokovic in wimbledon s last semi final with the winner to face australia s nick kyrios on sunday. hello, everybody. hello, everybody welcome to. hello, everybody. hello, everybody welcome to. we hello, everybody. hello, everybody welcome to. we will hello, everybody. hello, everybody welcome to. we will be hello, everybody. hello, everybody welcome to. we will be trying - hello, everybody. hello, everybody welcome to. we will be trying to l welcome to. we will be trying to speak to these two paramedics about their viral video sensation, if they stop laughing. durham police have announced that the labour leader sir keir starmer and h ....
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