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BBCNEWS World Business Report June 4, 2024 11:35:00

Sector in the us as well. they are not government bailouts directly, they are from the banks. so in 2008, forget the stress tests, a bit like abbott in the uk, if the airline industry goes down the industry has to bail you out, and that is good. i would love to have more time to discuss that further. thank you very much. to the eurozone now where the latest inflation figures show prices rising by 8.5% across the bloc in february. a slight slowdown from january but still way above the 2% target. this is on the back of a raise in the base interest rate from the european central bank of 0.5%. a move meant to fight those rising prices. but seen as somewhat baked in ahead of all the recent market turmoil. joining me now is samy chaa, chief economist at private bank lombard odier. ....

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Turnaround in interest rates in the euro zone: the Bundesbank's base interest rate is positive again after ten years

Default interest in court will be significantly more expensive. Due to the interest rate hikes by the European Central Bank, the base interest rate of the Deutsche Bundesbank also rises significantly after years of negative interest. ....

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BBCNEWS BBC News June 4, 2024 09:36:00

Dollar parity talks, and that s one of the other terms being bandied about and we are trying to clarify a few of them for you and hoping it is helpful. our business correspondent, ben boulos, has been at the bank of england and says the governor appears to have ruled out any emergency meeting of its monetary policy committee, which sets the base interest rate. the next scheduled decision is in early november. but we have not seen falls like that in the value of the pound before. it was down at $1.03 about this time yesterday and it has since recovered a bit, it is currently at $1.08. but a lot of that being driven, that fall, that sharp fall, being driven since friday after the chancellor announced big tax cuts to try to boost the economy but funding it with increased borrowing. that spooked investors. their confidence in the uk economy dropped and with it so did the pound. what goes on at the bank of england may seem so distant from the lives of people up and down the uk but let me ex ....

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More interest rate talk affects stock market

WASHINGTON, DC Within a week of raising the nation s base interest rate for the first time since 2018, the Federal Reserve (Fed) is talking about another interest rate increase. ....

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