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BBCNEWS Asia July 5, 2024

fleury sent this report. the december notes from the us central bank s last meeting showed policymakers are feeling better about inflation. they agreed with investors that interest rates are at or near the peak for this cycle. they also agree it will come down this year. but they offered no clues as to how or when that will happen. to remind viewers, the federal reserve started raising rates in march 2022 to tame inflation. it did so 11 times, taking the benchmark rate to 5.5%. inflation, by the time of the last meeting, had dropped to 3.2% from a peak of 9.1%. meanwhile, new data out on wednesday showed the number ofjob openings in the united states fell to 8.79 million in november. this points to weaker demand for labour but is still well above pre covid levels. that is consistent with the fed s goal. to slow the economy without triggering a nasty recession. the feds first rate setting meeting this year starting january 30. investors are holding their breath is benefi ....

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BBCNEWS Asia Business Report June 4, 2024 03:32:00

Meeting this year starting january 30. investors are holding their breath is beneficial to prepare for the first meeting in about three weeks. there are worries about inflation running higher again. that s because development in the red sea made no pressure to inflation. but on ships by iran backed houthi rebels in yemen in the crucial what we have forced a growing list of companies to temporarily redraw the shipping routes. that includes mask mass and finish a giant ikea. the much longer it has delivered goods and pushed freight rates. adding to that cost is the higher price of shipping companies for insurance because of the increased danger according to blake evans prichard. i spoke to him earlier. i have been speaking to a number of insurance brokers about the situation there for people that sort ....

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