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 summers 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 dont 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 its too early to say Mission Accomplished from the white house to wall street, there is a sense that progress is being made in the Worlds Largest economy. Chinas 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 Consumer Prices falli
Bit better, a few showers around but still disappointing in terms of temperatures. Jane. Thanks, louise. And thats bbc news at six, you can keep up with all the latest developments on the bbc website. From the six team, its goodbye. The news continues here on bbc one, as now its time to join our colleagues across the nations and regions for the news where you are. Goodnight. Hello, and welcome to sportsday. Im Lizzie Greenwood hughes, heres whats coming up. Heartbreakfor germany at the womens world cup theyre out in the group stages. Instead, celebrations for morocco who go through to the last 16 for the first time in their history. At the Netball World Cup england are full of confidence after a stunning win over top side australia. I dont think you can underestimate mentally what that tells me about where the group are at. I think thats a scary thing and something to really look forward to. And defending champions Great Britain crash out of the team pursuit at the cycling World Champi
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new alzheimer s drug has - our historical responsibility. and a new alzheimer s drug has been i our historical responsibility. and a new alzheimer s drug has been shown to slow the disease by about one third. there are two days to go to the coronation of king charles and camilla the queen consort. the king will be the 40th monarch crowned at westminster abbey since 1066, and millions of people are expected watch the event in this country and around the world. final preparations are under way. our correspondent charlotte gallagher reports. two days to go, and the coronation campers are ready to celebrate. some of these people have been here for days already, so determined to get a good view on saturday. great britain and america. for donna and maryjane, it s also a chance for a catch up. they met 12 years ago at the wedding of the prince and princess of wales and have attended royal events together ever since. we started yesterday and we ll be here, you know, through saturday
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