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BBCNEWS Asia July 3, 2024

Here is chair, jerome powell, during his press conference. The economy has made considerable progress toward our dual mandate objectives. Inflation has eased substantially over the past year, while the Labour Market has remained strong. And that is very good news. But inflation is still too high, further progress in bringing it down is not assured and the path forward is uncertain. We are fully committed to returning inflation to our 2 goal. While the prices of many goods have fallen, from cars to furniture, an increase in housing and Petrol Prices have contributed to a recent rise in consumer inflation. With progress on inflation taking longer than expected, hopes for lower rates have dimmed. One scenario that could change that calculation . Chair powell said if the Labour Market unexpectedly weakened, that could spur rate ....

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BBCNEWS Sportsday July 3, 2024

Of this dortmund performance. He completed 12 dribbles the most by any player in a Champions League semi final since lionel messi back in 2008. So its Advantage Dortmund but psg will rue the chances they missed as Conor Mcnamara reports. Dortmund striker niclas fullkrugs goal in the first half decided this first leg, but Paris St Germain will look back over the tape of the game and they will not believe the chances they missed. Ousmane dembele, a former dortmund player, had two gilt edged opportunities one of them saved, one he put off target. Kylian mbappe, who is looking to leave psg on the high, was kept relatively quiet throughout the game but the frenchman did hit the right post, and hakimi hit the left post. Both of them within a few seconds of each ot ....

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BBCNEWS Asia July 3, 2024

Mandate objectives. Inflation has eased substantially over the past year, while the Labour Market has remained strong. And that is very good news. But inflation is still too high, further progress in bringing it down is not assured and the path forward is uncertain. We are fully committed to returning inflation to our 2 goal. While the prices of many goods have fallen, from cars to furniture, an increase in housing and Petrol Prices have contributed to a recent rise in consumer inflation. With progress on inflation taking longer than expected, hopes for lower rates have dimmed. One scenario that could change that calculation . Chair powell said if the Labour Market unexpectedly weakened, that could spur rate cuts. And sweetening the mood on wall street, the Do ....

Asia Business Report , Central Bank , Benchmark Interest Rate , North America , Steve Lai , 5 25 , Federal Reserve , Michelle Fleury , Benchmark Lending Rate , Jerome Powell , Borrowing Costs , Press Conference , Labour Market , Petrol Prices , Consumer Inflation , Chair Powell , Rate Cuts , Dowjones Industrial Average , Rate Hike , Interest Rates , One Us Dollar , 160 Yen , 140 Yen , Khoon Goh , Spillover Effect , Anchor Currency ,