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BBCNEWS Asia July 3, 2024

Interest rate cuts. Her comments come a day after us data showed a Surprise Increase in consumer inflation. But she also warned that waiting too long could chill economic activity, saying debt is up and the Global Economy faced a decade of weak growth, which she labelled the tepid 20s. We are, indeed, heading for the tepid 20s. A sluggish and disappointing decade. Mr georgievas comments come as the International Monetary fund and its fellow lending agency, the world bank, prepares to host their Spring Meeting next week in washington, where finance ministers, central bankers and policymakers from Around The World will discuss the Global Economy
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BBCNEWS BBC July 3, 2024

Belarusian leader, alexander lukashenko. Putin said that the latest attacks on ukraine are part of an effort to demilitarise ukraine. 0ur Eastern Europe correspondent sarah rainsford, reports from kharkiv. Here in kharkiv there was just another air raid. And those are happening almost every day now. We heard the sound of explosions and thats when metro stations like this one become a shelter for people. People head underground to hide from those missiles, because itjust takes a few seconds before they reach this city from russia, which is around about a0 kilometres away. Now, we dont know what was targeted this time, but we do know over overnight here in ukraine, there was a Massive Attack by russia on the Energy Infrastructure right across the country, from west to here in the northeast. And here in kharkiv, 300 ....

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BBCNEWS Asia July 3, 2024

Where necessary, policymakers must resist calls for premature Interest Rate cuts. Her comments come a day after us data showed a Surprise Increase in consumer inflation. But she also warned that waiting too long could chill economic activity, saying debt is up and the Global Economy faced a decade of weak growth, which she labelled the tepid 20s. We are indeed heading for the tepid 20s. A sluggish and disappointing decade. Mr georgievas comments come as the International Monetary fund and its fellow lending agency, the world bank, prepares to host their Spring Meeting next week in washington, where finance ministers, central bankers and policymakers from
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BBCNEWS World July 1, 2024

chairjerome powell suggested as much. as we approach the end of the year, it s natural to look back on the progress that has been made toward our dual mandate objectives. inflation has eased from its highs, and this has come without a significant increase in unemployment. these are things we want to see. why might the rate hiking cycle has included 11 increases. government data showed inflation dropped from 9.1% in mid-2022 to 3.1% in november. that is above the target of 2% and jerome powell cautioned the committee had not ruled out raising rates again in the future. for wall street the dowjones international average jumped to record close. this is the third time in a row of the central bank decided against another rate hike. for investors satisfied with what the fed has done is when it will start cutting rates? there is a lot to digests in america big questions about whether a cut is likely. we will talk about that than i want to come onto the uk and europe. what is y ....

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BBCNEWS BBC July 1, 2024

where they are, let s keep them high to show financial markets that we are serious about fighting inflation and wait until it comes down before we loosen. of course the criticism here is that, and the bank s own analysis shows that, that it takes 1.5 years for the full effect of interest rate increases to ripple through the economy, so we might well be in a situation where we have kept rates very high for quite a while and that is really pummelling the economy, we are getting low or even negative growth and inflation is even below target. so it s understandable why the bank of england is risk averse and wants to make sure inflation is squeezed out for sure, make sure inflation is squeezed out forsure, but make sure inflation is squeezed out for sure, but there is a real risk of them are leaving rates too high for too long. of them are leaving rates too high fortoo long- of them are leaving rates too high fortoo lonu. . ~ ,, . ., for too long. thank you so much for our for t ....

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