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BBCNEWS World July 5, 2024

rate at 5 5.25%. but it has won the there may be increases later in this year. what exactly is the european central bank thinking? when it comes to its increases today, here is what the president had to say. indicators of underlying the president had to say. indicators of underlying price the president had to say. indicators of underlying price pressures - the president had to say. indicators| of underlying price pressures remain strong, although some show tentative signs of softening. staff have revised up their projections for inflation, excluding energy and food, especially for this year and next, owing to past upward surprises and the implications of the robust labour market for the speed of this inflation. they now see it reaching 5.1% in 2023, before it declines to 3% in 2024. 50 5.1% in 2023, before it declines to 396 in 2024- 5.196 in 2023, before it declines to 396 in 2024. ., ., 396 in 2024. so that view there from the eumpean 396 in 2024. so that view ....

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BBCNEWS Verified July 5, 2024

following his move from borussia dortmund for an initial $111 million. he s been meeting the world s media in the spanish capital on thursday, including john watson. when he was told by his dad 15 months ago that real madrid were interested, he said it gave him goosebumps and that set in process this big move to real madrid. and he will wear the number five shirt and it won t be lost on many football fans, that is the shirt that was worn by zinedine zidane, one of the all time club legends here when he was at the club here, so big shoes to fill forjude bellingham, but he is clearly excited by the prospect and says this move moves him out of his comfort zone, but is a challenge he is ready to embrace. he is a great player, he was the best, but for me i am trying to have my own path and maybe extend the legacy of the number, instead of trying to reach his, so yes, i will use everything that i have got around me to try to do good by the number and by the player. now we kno ....

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BBCNEWS Newsnight July 5, 2024

contempt of parliament over his own lockdown behaviour, and says he should recuse himself. we ll be asking the political writer and johnson biographer andrew gimson and the shadow leader of the house thangam debbonaire how they think this sorry tale will end. also tonight. with gilt rates throught the roof and inflation refusing to plunge, will interest rates have to rise and result in more mortgage misery? we ll be asking an economic adviser to chancellorjeremy hunt and a former bank of england insider. we have a report from the palestinian territories on how young people see the political situation there. what do you hope for? we all hope for the same thing, to liberate palestine. but what does that really mean? and what does the question really mean, what do you hope for? i can hope for many things. and whatjust happened in california? it s a new world record. tonight we ll bejoined by a record holding super cuber who s going to show us how its done. good evening. in ....

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BBCNEWS Breakfast July 6, 2024

16 countries take the stage in liverpool later for the second semifinal. sticking with the eurovision theme, we are in liverpool at the shopping centre right in the heart of liverpool, surrounded by these beautiful eggs, i will tell you about them later on. the bank of england is expected to raise interest rates again today to 4.5%, the highest level in 15 years. it will be the 12th consecutive hike since december 2021, meaning mortgage payments could rise further for millions of customers. our business correspondent hannah miller reports. this is the first home gheev has owned, bought with his girlfriend two months ago. but since they agreed their mortgage, the monthly payments have gone up twice in line with the base rate of interest set by the bank of england. when we were coming to find a mortgage, the fixed rates were astronomically high. we figured that if the bank of england base rate goes up by another two or three percentage points, we re actually better off st ....

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BBCNEWS World Business Report July 6, 2024

the united states where inflation remains stubbornly high. it still a problem for the world s biggest economy and that s because in the last hour or so we ve had the latest number of key measure of the central banks follows closely which is the personal consumption expenditures. it excludes volatile food and energy prices. as you can see, pc came in at an annualised rate of 4.6% in march which will maintain the pressure on the fed to increase interest rates when it meets next week. let s pick up with our correspondent in new york. just give us a bit more, what does it tell us about the health of the economy in america? it says those price increases that americans have been facing for many months now continue. that inflation number is starting to come down but inflation is still running much higher than the federal reserve s ideal target of somewhere around 2%. what it also shows is that despite the measures the us federal reserve is taking to try and cool down the us ec ....

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