more than 9% injune of last year. it is a sign of the federal reserve s moves to raise interest rates to slow down inflation seems to be working. but analysts still think america central bank will raise interest rates one more time at their next meeting. it is good news for consumers but also good news for us president joe biden who counted the administration s efforts to bring prices down. he is facing re election next year and being able to control inflation without pushing the repeat into recession, it will be key in montana for years at the white house. the chief economist says he is wondering whether this is a turning point. other central banks around what asking themselves, has the us peak? we are, consumers can get the stuff they want to buy. one of the things they are concerned with is even that he had numbers is down to 3%, waved down from nine, the core inflation excluding the food and energy components are still pretty high, nowhere near the 2% target. i think w
let s get down to business. as promised, we have more for you on the nato summit that will be getting under way in a few hours time. where, as you ve been hearing, finland and sweden have joined the alliance after turkey dropped its opposition against their membership. so, two of the hot topics at the summit are deciding whether russia or china is the biggest threat to world stability currently, and how to share the combined costs of defence security. members are expected to meet the nato target of spending 2% of gross domestic product on defence. the uk presently spends 2.1% of its gdp on security, but there have been calls for an increase after russia s invasion of ukraine. michael rowe is vice president of aerospace and defence at frost & sullivan. good morning to you, michael. first of all, finland, sweden joining nato. what does that mean in money terms? good morning- mean in money terms? good morning. when mean in money terms? good morning. when you - mean in money
A pre-IPO interview with Cameron Woodrow, the Executive Director and CEO of Far Northern Resources Limited . Mr Woodrow discusses development of the company s three gold and base metals projects in.