things like volatile food and energy prices, so called core inflation was 4.7%, the lowest since october 2021. the good news is that inflation has drifted down from last summer s a0 year highs, but it is still well above what the federal reserve thinks of as normal prices and with the overall trend heading in the right direction, policy makers, well, they may feel that they don t need to raise interest rates further. the us central bank, you may recall, raised its benchmark interest rate to more than 5.25% percent, the highest level in 22 years, all in a bid to cool the economy and ease the pressures pushing up prices. so while it s too early to say mission accomplished from the white house to wall street, there is a sense that progress is being made in the world s largest economy. china s e commerce giant alibaba reported its strongest quarterly revenue growth in almost two years, pushing its us listed shares up more than 4%. earlier this week, the latest data showed consume
higher housing, cars and food costs but once his take out core inflation was 4.7%, the lowest since october 2021. the good news is that inflation has drifted down from last summer s 40 drifted down from last summer s a0 year highs but it s still well above what the federal reserve thinks of as normal prices. with the overall trend heading in the right direction, policymakers may feel that they don t need to raise interest rates further. us central bank, you may recall, raised its benchmark interest rate to more than five and a quarter %, the highest in 22 years, all in a bid to call the economy and ease the pressure is pushing up prices. cool. qualities too early to say mission accomplished, from the white house to wall street there is a sense that progress has been made in the world s largest economy. china s e commerce giant alibaba reported its strongest quarterly revenue growth in almost two years, pushing its us listed shares up by more than a%. earlier this week the
a deal in principle with tottenham to sign their record goalscored for 100 million euros. so will he now leave london? kane has a year left on his contract with spurs, and racked up 280 goals in over 400 appearances. 30 of those goals came last season, in a campaign where spurs finished 8th, missing out on european football. it s a big decision for kane, leave his life long club to head to bayern who are consistent european contenders. matt graveling has been speaking german journalist katarina delling. i think in germany everyone s really excited. i think they think it is about to happen because they are offering him great things, things that he might not be able to have here at tottenham. they say they offer him like almost twice or more than twice the amount that he s getting here, about e25 million a year, i heard. and also, he can win trophies there. he can t do that here at tottenham. he can obviously win the bundesliga. and i think the hope is that he will also win the
I m sarah mulkerrans. harry kane faces the bigget decision of his career will he leave boyhood club tottenham for german giants bayern munich? the premier league is back we ll hear from the defending champions manchester city. day one complete at the women s open and it s the usa s ally ewing who leads the way. welcome along the programme. lovely to have you with us. so it s appears it is now harry kane s decision to make. will he or won t he move to bayern munich?
I thought it was really interesting following the german media and then also the media here in the uk, because in germany i feel like everyone was very excited. they were reading into things. they were saying, oh, it s definitely happening. but then the offers got rejected, but they were like, no, no, we re hopeful this is going to be happening. harry kane is going to germany and here in the uk it was more like, oh, let s see, maybe he ll stay at tottenham. we don t know what s going to happen. so i think germany was very keen on getting harry kane. and for people who don t know and maybe don t follow us football as closely as others, bayern munich, they are the bundesliga champion. how big are they in germany? i mean, they re huge, but they have been struggling a little bit and the past season. so i think the hope is that harry kane can kind of help them a little bit. like, i mean, they almost lost against dortmund. that obviously was very hard for them. so i think they re looking for