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Transcripts For BBCNEWS Asia 20240703

to supplies due to conflict calmed down a day after saudi arabia pledged to stabilise the market. the neck he is up to .6% this morning. 1.2 mac 6% the central bank said it might hold steady on another interest rate hike as well. federal reserve officials are embracing the higher for longer strategy. that s according to the newly released minutes in the september meeting. the readout shows while people are divided on whether the us central bank will hike rates before the year is out, they ve seen it has spill over effects in financial markets everywhere. higher rates make it more expensive for americans to take out a loan on a house or a car and makes it more expensive for businesses to borrow money through loans or lines of credit, all of which slows growth. meanwhile, the interest paid on us government bonds is also moving toward its highest levels in more than 15 years. that could end up having the same effect as a fed rate hike without the fed having to act. during tha

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