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Transcripts For BBCNEWS World 20240704

It looks like hes going to concentrate more on the households rather than on businesses. And therefore, there are two major taxes that he could hope for, one is income tax and the other one is National Insurance contribution. Income tax is a broader tax and it would cost him more money, whereas National Insurance contribution focuses on people at work and will cost him a little bit less. Yeah, i mean having a bit less money to play with, i suppose, do you think perhaps that might give us a clearer sense of the conservative priorities here . Obviously, we know there might be an election coming. Its actually who that money goes to, where to target votes, maybe. That is a very good question because it does look like they are going to target consumers or households rather than businesses. Whereas if you look at what the priorities are in terms of raising growth potential, you do want to improve and get Business Investment growing faster. So that is really a very big question as to where th

Transcripts For BBCNEWS Asia 20240704

Inflation the worlds biggest economy last month dampened expectations. That decision comes a day before Second Quarter gdp figures are released and many economists are expecting the us economy likely remained in expansion during the april to june period. Rounding off the week will be the bank ofjapan. Last month they saw core consumer prices, excluding food, rising higher than the banks Inflation Target so that put extra pressure on the central bank to tweet its altar easy monetary policy. I earlier spoke to naim aslam and he told me how he expected the fed to go. I think the Federal Reserve isnt under immense pressure, as they were before the inflation data, as you rightly pointed that out. Because inflation is sitting at 3 and im speaking about the headline inflation, which is not that much farther from the Federal Reserve s target of 2 and especially if you compare what this number was. It wasnt too long ago when we saw this number in double digits and falling all the way to 3 . Whe

Transcripts For BBCNEWS Asia 20240704

Inflation the worlds biggest economy last month dampened expectations. That decision comes a day before Second Quarter gdp figures are released and many economists are expecting the us economy likely remained in expansion during the april to june period. Rounding off the week will be the bank ofjapan. Last month they saw core consumer prices, excluding food, rising higher than the banks Inflation Target so that put extra pressure on the central bank to tweet its altar easy monetary policy. I earlier spoke to naim aslam and he told me how he expected the fed to go. I think the Federal Reserve isnt under immense pressure, as they were before the inflation data, as you rightly pointed that out. Because inflation is sitting at 3 and im speaking about the headline inflation, which is not that much farther from the Federal Reserve s target of 2 and especially if you compare what this number was. It wasnt too long ago when we saw this number in double digits and falling all the way to 3 . Whe

Transcripts For BBCNEWS Asia 20240704

Inflation the worlds biggest economy last month dampened expectations. That decision comes a day before Second Quarter gdp figures are released and many economists are expecting the us economy likely remained in expansion during the april to june period. Rounding off the week will be the bank ofjapan. Last month they saw core consumer prices, excluding food, rising higher than the banks Inflation Target so that put extra pressure on the central bank to tweet its altar easy monetary policy. I earlier spoke to naim aslam and he told me how he expected the fed to go. I think the Federal Reserve isnt under immense pressure, as they were before the inflation data, as you rightly pointed that out. Because inflation is sitting at 3 and im speaking about the headline inflation, which is not that much farther from the Federal Reserve s target of 2 and especially if you compare what this number was. It wasnt too long ago when we saw this number in double digits and falling all the way to 3 . Whe

Transcripts For BBCNEWS Asia 20240704

Inflation the worlds biggest economy last month dampened expectations. That decision comes a day before Second Quarter gdp figures are released and many economists are expecting the us economy likely remained in expansion during the april to june period. Rounding off the week will be the bank ofjapan. Last month they saw core consumer prices, excluding food, rising higher than the banks Inflation Target so that put extra pressure on the central bank to tweet its altar easy monetary policy. I earlier spoke to naim aslam and he told me how he expected the fed to go. I think the Federal Reserve isnt under immense pressure, as they were before the inflation data, as you rightly pointed that out. Because inflation is sitting at 3 and im speaking about the headline inflation, which is not that much farther from the Federal Reserve s target of 2 and especially if you compare what this number was. It wasnt too long ago when we saw this number in double digits and falling all the way to 3 . Whe

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