with what economists are expecting for the latest inflation figures that they will likely show that inflation went up slightly month over month, but it will drop year over year. numbers like that would be encouraging for the us federal reserve as it debates whether or not to make a change to interest rates. well, the us central bank started hiking rates aggressively last year. authorities have hiked rates ten times marking the fastest tightening cycle since the 1980s. expectations are high that this time , they might pause. earlier, i spoke with market strategist charu chanana, and she gave me her outlook for the us federal reserve. expectations are built in for the next two quarters. this time. i think the markets are being complacent about that slow down in information that you just talked about as well as a potential fall or skip, whatever you might call it. if you remember, last week we got some hock wish trends in the market from the reserve band of australia and reser
from the bbc sport centre. a big afternoon of celebrations for the manchester city supporters. thousands of supporters are heading to manchester city centre in preparation for the winning parade. the team will be parading through on a bus after their nervy victory this weekend in istanbul. andy, what are weekend in istanbul. andy, what are we expecting later? i am weekend in istanbul. andy, what are we expecting later? we expecting later? i am here at the end oint we expecting later? i am here at the end point of we expecting later? i am here at the end point of the we expecting later? i am here at the end point of the victory we expecting later? i am here at the end point of the victory parade - we expecting later? i am here at the end point of the victory parade and l end point of the victory parade and you can see they are still finishing off the stage which is where the players will be presented at the end of their victory parade to the crowd and they will show off
and it s going to be a hot and humid weekend, but without heat and humidity there is a chance of some thunderstorms and what you get those thunderstorms and what you get those thunderstorms there could be quite nasty. they will bring all the details the programme. good morning. it s saturday the 10th june. borisjohnson has quit as an mp after he received the commons report into whether he misled parliament over lockdown parties at downing street. the former prime minister is accused of damaging parliament s integrity, but mrjohnson claims he s been forced out. his resignation now triggers a by election. 0ur political correspondent ione wells reports. his own conduct made him resign as prime minister. his own conduct making him now resign as an mp. borisjohnson was being investigated by parliament s privileges committee into whether he d misled mps about covid lockdown parties in downing street. if a possible suspension and even by election if they found him guilty. their bomb
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watched metric because if consumers believe inflation will fall they will already adjust their spending patterns in anticipation of what is to come. those consumer expectations happened to jibe pretty closely with what economists expect for the latest inflation figures. they will likely show that inflation went up slightly month over month but it will drop year over year. month but it will drop year overyear. numbers month but it will drop year over year. numbers like that will be encouraging for the us federal reserve as it debates whether or not to make a change to interest rates. the us central bank started increasing the rate of borrowing aggressively last year. authorities have hiked rates ten times since marking the fastest tightening cycle since the 19805. expectations are high that this time it may pause. i spoke with a market strategist earlier who gave us her outlook for the us federal reserve. , . ., ., , ., her outlook for the us federal reserve. , ., ., reserve.