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Travelled across iranian territory. Two returned back safely, but the one carrying the president and Foreign Minister crashed in mountainous territory in heavy fog. All contact with it was then lost. Our correspondent Caroline Hawley reports. You can see how bad conditions were in the area, as the Rescue Operation was under way. A fleet of ambulances on standby. The army is reported to have ordered all resources needed to be thrown at the search. Members of irans red crescent scoured the rugged landscape on foot for any sign of the missing helicopter, but Poor Visibility made it difficult for the rescue teams to reach the scene of the crash even to locate it. Translation there are currently three drone teams in the area but due to the thick fog and low visibil ....
The cpi numbers earlier. While the headline cpi did increase, core cpi which excludes volatile inputs such as food and energy is actually higher. Its at 4. 3 . And thats illustrating that underlying inflation seems to be a lot stickier than anticipated, which, as far as fed policy goes, means that rates likely have to continue to stay higher for longer. The Federal Reserve has been keeping rates high, and that is likely to be the strategy we are expecting to see . Exactly, yeah, and there is other tools that potential they could leverage, such as reducing the size of the balance sheet, through so called quantitative tightening, and that could push yields up and increase Borrowing Costs which, in essence, has similar effects raising interest rates. As far as markets go, they are expecting the fed to raise rates not at this upcoming meeting, i believe, next week but actually ....
Shelter and housing. And particularly you mentioned the cpi numbers earlier. While the headline cpi did increase, core cpi which excludes volatile inputs such as food and energy is actually higher. Its at 4. 3 . And thats illustrating that underlying inflation seems to be a lot stickier than anticipated, which, as far as fed policy goes, means that rates likely have to continue to stay higher for longer. The Federal Reserve has been keeping rates high, and that is likely to be the strategy we are expecting to see . Exactly, yeah, and there is other tools that potential they could leverage, such as reducing the size of the balance sheet, through so called quantitative tightening, and that could push yields up and increase Borrowing Costs which, in essence, has similar effects to raising interest rates. As far as markets go, they are expecting the fed to raise rates not at th ....
A lot of the inflation, if you look at it in the us, is really coming from shelter and housing. And particularly you mentioned the cpi numbers earlier. While the headline cpi did increase, core cpi which excludes volatile inputs such as food and energy is actually higher. Its at 4. 3 . And thats illustrating that underlying inflation seems to be a lot stickier than anticipated, which, as far as fed policy goes, means that rates likely have to continue to stay higher for longer. The Federal Reserve has been keeping rates high, and that is likely to be the strategy we are expecting to see . Exactly, yeah, and there is other tools that potential they could leverage, such as reducing the size of the balance sheet, through so called quantitative tightening, and that could push yields up and increase Borrowing Costs which, in essence, has similar effects raising interest rates. A ....
sir patrick vallance, the government s chief scientific adviser during the pandemic, has told the covid inquiry that the government s response to limit the spread of the virus in the early months was not, in his words, operationally effective. he said borisjohnson, who was prime minister at the time, had struggled to understand some of the scientific concepts that were presented. the inquiry is currently looking at decisions made by politicians during the pandemic. helena wilkinson reports. sir patrick vallance arriving at the inquiry in central london this morning ahead of giving evidence. he became one of the most recognisable faces during the pandemic. faces during the pandemic. patrick, over to yom faces during the pandemic. patrick, over to you. appearing faces during the pandemic. patrick, over to you. appearing at faces during the pandemic. patrick, over to you. appearing at daily - over to you. appearing at daily covid news over to you. appearing at d ....