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BBCNEWS World July 4, 2024

Increase wont come. Lets not forget that yesterday we heard that average uk wages were rising at their fastest pace in 20 years. Joining me now is Neil Shearing group Chief Economist at capital economics. Thanks very much for being with us today. Clearly it is pretty good news, but is it happening fast enough, oras news, but is it happening fast enough, or as fast as we had hoped . The fall in the Headline Rate of inflation, as you say, thats going to be welcomed by the Bank Of England. It takes a bit of pressure off them. But when you start to dig into the details of this report, i think perhaps there is still some uncomfortable reading there for the policymakers of the bank. As you mentioned, a lot of the fall in the
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BBCNEWS Asia July 4, 2024

Products like coal and timber, but in not all restrictions have been restricted. Some remain on items like lobster and wine. I spoke to clive russell, who explains whats changed between beijing and canberra. The Centreleft Labor government was replacing the right wing government. That allowed a reset of relations between beijing and canberra which had been rocky. There had not been benefit for other party from the action china took. It cost china a lot of money to buy coal and barley from other places, so it wasnt really a win for them and it didnt hurt australia as far as australias miners were able to find alternate markets and didnt suffer that much at all. You said some tariffs remain but there are other sticking points in a relationship so is it possible they could go back to where they were or is a relationship on its way to recovery . China will always have difficulty with human rights and democratic freedoms and things l ....

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BBCNEWS Asia July 4, 2024

But in not all restrictions have been restricted. Some remain on items like lobster and wine. I spoke to clive russell, who explains whats changed between beijing and the changed between beiing and the centreleft changed between beijing and lie centreleft Labour Government was replacing the right wing government. That allowed a reset of relations between beijing and camera, which had been rocky. There had not been benefit for other party from the action china took. It cost china a lot of money, so it wasnt really a win for them and it didnt hurt australia as far as australias miners were able to find alternate markets and didnt suffer that much at all. ~. ,. ,. , all. Whether or not any businesses all. Whether or not any businesses that all. Whether or not any businesses that have i all. Whether or not any. Businesses that have been affected because of this tariff as beijing had hoped . It affected because of this tariff as bei ....

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BBCNEWS World Business Report June 4, 2024 10:33:00

There is one labour market report forjuly, and one inflation print forjuly, and one inflation print for august, forjuly, and one inflation print foraugust, due forjuly, and one inflation print for august, due in the middle of september. depending on what those show, i think that would determine whether or not they raise by another 25 basis points to five and a half percent, oranother50 25 basis points to five and a half percent, or another 50 basis points to 5.75%. i am pretty sure it will be at least one more hike coming. it is really about the size of that increase. i is really about the size of that increase. , ., is really about the size of that increase. , . ., is really about the size of that increase- is really about the size of that increase. , . ., , ., ~ increase. i ust want what you think about increase. i just want what you think about other increase. i just want what you think about other threats increase. i just want what you think about other threats on increase. ....

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BBCNEWS Asia Business Report June 4, 2024 00:34:00

On tuesday with trade figures due forjuly. slower global demand has led to a fall in exports injune. midweek will have the latest inflation barometer as china continues to struggle from its post pandemic rebound. rounding off and inflation will get us reading on thursday. any increase in price growth could pressure the american central bank, the federal reserve, to raise rates in september. earlier, i spoke to tim murray, and he explained what he s expecting. i would expect it to again be slightly lower than expectations. right now, what s positive about inflation in the us is that a lot of it was generated by housing prices. so, shelter is about 40% of the cpi number. we know that s coming now. ....

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