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on stock exchanges. the approval of the bitcoin exchange traded funds, or etfs, is seen by supporters as a watershed for crypto, giving it financial respectability and mainstream acceptance on wall street, after a string of controversies. erin delmore reports from new york. this decision was years in the making and now it will allow people and institutions to invest in bitcoin almost as easily as they buy stocks. the move could increase demand for bitcoin and legitimacy for the crypto currency industry, which has weathered scandal and scepticism. sec chair did not shy away from that in a statement saying, while we approve the listing and trading of certain ept spot bitcoin shares today, we did not approve or endorse bitcoin. he said investors should remain caution about the risks associated with bitcoin and said the crypto currency is, primarily a speculative volatile asset. while investors and crypto watchers awaited the decision, a false tweet was posted on the sec of ....
during his press conference. with us inflation running still well above the bank s 2% target, it sjob is not yet done. i think, as anyone can see, not a single person on the committee wrote down a rate cut this year, nor do i think it is at all likely to be appropriate if you think about it. inflation has not really moved down. it has not so far reacted much to our existing rate hikes, and so we re going to have to keep at it. most officials think two more rate hikes are needed this year, starting perhaps as early as next month. wednesday s decision ushers in a new phase in the fed s battle to lower prices follows a path carved out by central banks in countries such as australia and canada, which recently announced rate hikes following a break. michelle fleury there in washington, dc. the latest decision by america s central bank comes at a time when inflation is slowing but not as quickly as the federal reserve wants it to be. earlier, i spoke to blerina uruci of t.row ....
they ve won their third premier league title in a row after arsenal slipped up at nottingham forest. and the trophy will be presented to them later today when they face chelsea at the etihad. this opposing new way of tackling climate change. crushed volcanic rocks that remove greenhouse gas from our atmosphere. from our atmosphere. climate scientists from our atmosphere. climate scientists are from our atmosphere. climate scientists are now from our atmosphere. climate scientists are now clear - from our atmosphere. climate scientists are now clear that l from our atmosphere. climate - scientists are now clear that some carbon removal, like this, will be needed to try to cool down our overheating planet. it s sunday 21st may. our main story: opposition parties are urging the prime minister to launch an ethics investigation into the home secretary, following claims she tried to avoid receiving points on her driving licence. a government source says suella braverman aske ....
to get it breathing fire again? and, spreading the love. why showing your staff some appreciation is notjust good manners, but good business. we start here in london, where the outlook for the city as a financial centre is, according to some, looking murky. in the last few hours one of the uk s most successful tech companies, chip designer arm, has confirmed it will list its shares in new york instead of london, despite intensive lobbying by the uk government. it s the latest blow for the city, after the world s biggest construction materials company crh told investors on thursday that it s moving its stock market listing away from london and heading to new york. they are far from alone. plumbing giant ferguson left the ftse 100 last year and moved to wall street, and gambling group flutter also says it s considering doing the same. the size of the london stock market has been shrinking in recent years. at its peak in 2007 the value of shares listed in london was $4.3 trillio ....
officials at the united state s central bank think inflation is going to remain uncomfortably high in america for some time. that s according to the minutes of the last fed meeting where monetary policy is set. the bbc s north america business correspondent samira hussain reports. if anyone thought most recent price hike which showed no inflation injuly was the new normal the federal reserve is here to tell you otherwise. the latest minute shows that the committee that sets monetary policy in the us was unanimous that prices are going to keep going up for months to come. that means everyone should expect more interest rate rises as well. the committee height interest rates by three quarters of a percentage point last month, another rate hike in september seems almost certain. the only question is by how much? the minutes show at least some on the committee thank that their efforts to tame inflation may be starting to have some effect. based on the market response th ....