The Bank Ofjapan hiked rates for the second time in 17 years due to Consumer Prices edging up. In the us the Federal Reserve held steady but fed Chairjerome Powell hinted at a potential Rate Cut in september. Peter mcguire is a financial analyst and told me what policymakers across the region are looking out for. Mac many different facets they are going to look at. Take on Board Job numbers, inflation numbers, what is happening wIth housing and the view at the moment is to sIt back. We understand what happened last week and probably 25 Basis Point Cut is pretty much baked in by sometime by december so that seems to be the mood across i think the rba, the fabric of It. Across i think the rba, the fabric of It. . , fabric of It. And we have heard a lot about fabric of It. And we have heard a lot about Prices Fabric of It. And we have heard a lot about prices of fabric of It. And we have heard a lot about prices of groceries | a lot about prices of groceries and supermarkets in australia.
Due to Consumer Prices edging up. In the us the Federal Reserve held steady but fed Chairjerome Powell hinted at a potential Rate Cut in september. Lets turn to financial analyst peter mcguire. Hes been speaking to me about what Policy Makers in the region are looking out for her. Many different facets they need to look at. The inflation numbers, job numbers, to look at. The inflation numbers, ob numbers, whats numbers, job numbers, whats happening with housing. I think the deal at the moment is the same pat. Probably a 25 Basis Point Cut is pretty much patent by sometime in december. That seems to be the mood across the fabric of it. Seems to be the mood across the fabric of It Fabric of it. Weve heard a lot about the fabric of it. Weve heard a lot about the Prices Fabric of it. Weve heard a lot about the prices of about the prices of supermarkets in australia, it seems wages are not keeping up with rising prices. What has it been like theyre on the ground . Been like theyre on the ro
And a fresher, less humid feel in the east, so basically not a bad sunday in prospect. I will have all the details Coming Up shortly. Its sunday, the 21st ofjuly. Our main story. The chancellor, Rachel Reeves, has hinted that she will give Public Sector workers above Inflation Pay increases. Its understood that independent Pay Review bodies have recommended rises of 5. 5 for teachers and nhs workers, with inflation currently at 2 . Ms reeves told the bbc s Laura Kuenssberg she would make the Sums Add up. Shes also announced a review of pensions in the hope of encouraging billions of pounds of investment in the uk. Our political Correspondent Leila Nathoo has the story. Millions of Public Sector workers awaiting to learn what their Pay Rises be this year. Independent Pay Review bodies make recommendations to the government of what percentage should be awarded. It is understood ministers have been advised to raise the salaries of teachers and nhs workers by 5. 5 , a rate that is above cu
The travel show paris beyond 202a. On a sunny day, a ride around paris takes some beating, thats for sure. Frances capital is transforming. In a few weeks time, the city will host the Summer Olympics and paralympics, and the organisers are busy turning landmarks into stadiums. So this beautiful building is the grand palais, and that is where the Fencing And Taekwondo are happening. Still looks like theyve got lots of work to do on it. The organisers of this Years Competition have promised it will have a lasting impact on this iconic city. Im Steve Brown and im here to find out how paris is changing. From the suburbs. You can see its really quite busy. Theres so much hustle and bustle. To the seine. Beautiful. And up into the sky. Its 2024 and this is paris. Paris is already one of the worlds most visited cities. But this year theyre expecting around 15 Million people during the competition. Here at porte de la chapelle arena, its the start of olympic and paralympic week. Merci, monsieu
failed the house vote in years failed again. look it is a surprise again, to they killed obama care, this is something they had been talking about, and promising for years. we have to go to the white house personally but his tail between his legs to tell president trump that he was unable to put together the votes, they weren t, there when they expected them to be. there they got to the floor, they dropped it, and they couldn t get it. with this kind of stuff does not happen under house speaker nancy pelosi. since pelosi re-took the gavel in 2013, whatever else is going on in congress, whatever is going on in speaker pelosi, when she brings it a bill to the, floor that s because she has the votes to pass the bill. and she intends to pass it, and then she passes it. that is what explains the drama that began to unfold on capitol hill today. it also explains something that i told you on friday night show about what was going to happen today. it proved to be wrong. frida