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as samira hussain reports from new york. the headline in these latest inflation numbers as the cost of living in the united states is headed in the right direction. inflation rose 3% in the month ofjune, down a full percentage point from a month earlier. it has fallen pretty sharply from its peak of more than 9% forjune of last year. it is a sign the federal reserve s moves to raise interest rates to slow down inflation seems to be working. analysts are still thinking the american central bank will raise interest rates one more time at the next meeting. the caller inflation is good news for consumers, also good news for consumers, also good news for the us presidentjoe biden who touted the administration s efforts to bring prices down. he is facing re election next year and being to control inflation without pushing the economy into a recession, will be key if you want another four years in the white house. if he wants. years in the white house. if he wante years in the ....
Was 8.7% in may almost three times where it is in the us. the soaring cost of living has sparked a wave of strikes across the economy with junior doctors beginning a five day walkout today. the bbc understands the government could announce a decision as soon as today on pay rises for public sector workers including teachers, junior doctors and police officers. independent pay review bodies have recommended raises of up to 6.5%. but that would come at a cost of £5 billion which could mean cuts elsewhere. and some economists fear big pay rises will only fuel inflation further. the chancellor has been adamant they will not borrow more money, they do not want to take on more debt at a higher cost in terms of interest rates in order to pay for these public sector pay increases. some economists via big pay rises will only fuel inflation further. on wednesday the bank ....
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This childcare facility in lambeth is one of four purple jay catering for children from three months three to five years old. parents of young children often struggle with the cost of childcare which can run to many thousands of pounds especially for full time positions. and there is further pressure with inflation affecting energy bills, food prices and the cost of labour. with wages, i had to increase it twice this year by approximately 16%. it twice this year by approximately16%. i had it twice this year by approximately 16%. i had to do that because i could see the pressures and pavers of my staff members as well as what is happening around us. behaviours. is happening around us. - - behaviours. is happening around us. - - behaviours. , , ., behaviours. big pay rises would behaviours. big pay rises would be a cause behaviours. big pay rises would be a cause for behaviours. big pay rises would be a cause for celebration - behaviours. big pay rises would be a cause for cele ....