Inflation rate in may and june, and would be a setback for the back of england, which cut Interest Rates earlier this month for the first time since the start of the covid pandemic. We will get the Uk News at seven am uk time. Over in the us, inflation is also proving stubborn. Figures published later today are expected to show a rise of 3 . On tuesday, though, the us Producer Price Index a measure of wholesale inflation increased byjust 0. 1 . That was less than expected, offering a glimmer of hope for the Federal Reserve to start lowering Interest Rates, which are currently still at a 23 year high. Joining me now is yael Selfin Vice Chair and Chief Economist at kpmg. Good morning to you. Lets start with The Uk. Are you with many who think inflation is going up . Many who think inflation is going up . Many who think inflation is going no . Going up . Yes, we think inflation going up . Yes, we think inflation will going up . Yes, we think inflation will go going up . Yes, we think infl
With an obscene meme. Meanwhile, shares in Donald Trumps social Media Company Truth social fell to their lowest price in months, following the cosy conversation between the republican Candidate And Elon musk. Listening to that interview was our Business Reporter pierre antoine denis. You were listening for a very long time. Tell us more yes, and i had to wait for a very long time for it to start, as you mentioned, sally. About 30 minutes or so before this conversation finally got under way between the two men. And as you just mentioned, this potential cyber attack. Did it happen or did it not . This ddos, or Distribution Denial Attack which Elon Musk mentioned, which is a common method for hackers to try to flood a website to try to take the servers down. Some analysts say that it could prevent a live chat from operating. 0thers live chat from operating. Others are saying no. Twitter would have gone down. So more Talking Points for Elon Musk and x to reply on. Once this conversation go
Dangerous over the next few days, but a drop in winds offers hope. The main fire that was threatening athens has broken out into different hotspots now. Joe inwood reports. Sometimes, faced with flames reaching up to 25m high, all you can do is stand and watch. But thousands have fled the wildfires that have now reached the outskirts of athens. Others, like 64 year old anna, have decided to try and stay and protect their properties. Translation early in the morning, we were constantly receiving messages telling us to evacuate. We were terrified. We thought the fire would go elsewhere, but suddenly it came to our homes. We panicked and evacuated then, but now weve returned to save whatever we can. Greece has just experienced its hottestjune and july on record, with strong winds helping the flames spread. Translation the feeling was scary| to see everything go Up In Smoke and to see the fire pass through and not be able to do anything. The authorities have been trying to beat them back,
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