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shareholders are in favour. welcome to business today. i m sally bundock. we start in the us where the cost of borrowing will be staying higher for a while longer. the us federal reserve left its key interest rate unchanged on wednesday at its highest in more than two decades and signalled it only expects to make one cut this year. the fed though is predicting four more cuts in 2025. the decision came just hours after some encouraging news on its battle to control inflation. america s official consumer price index showed prices rising at an annual rate of 3.3% in may. that was down 0.1% on april s rate and was lower than expected. but it s still way above the fed s inflation target of 2%. erin delmore in new york has all the details. economic datasets can feel abundant, these are two big deal events. we ve only seen them happen on the same day seven times in the last decade. to start, the consumer price index. that s the key inflation gauge that held good news wednesday ....
lus we re live in paris where french voters prepare to decide on their next president. and marjorie taylor greene becomes the first member of congress to testify under oath about the january 6th insurrection, but it turns out she doesn t remember much about that day. russia s military now confirms its objective in ukraine is to take full control of the black seacoast and establish a land bridge between russia and crimea. ukraine s president warns if that happens russia s aggression will spread to other countries. mariupol says evacuation will attempt to get under way today. an estimated 100,000 civilians still remain in the city. and we ve been telling you about ukrainian soldiers and civilians who have been holed up in mariupol s steel factory. translator: we all really want to return home. we want to return to our lives, to see our parents, relatives and so on. we really miss them. ukrainian troops in a small town outside of kyiv are being honored for halting ru ....
Sotheby's Expert Nick Buckley Wood Shares Essential Tips to Build your Art Collection – Popspoken popspoken.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from popspoken.com Daily Mail and Mail on Sunday newspapers.