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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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BBCNEWS World Business Report June 4, 2024 13:33:00

Bank. after that we are going to see the insurer that ensures deposits in us banks releasing their own report about what happened with silicon valley bank. what a lot of people are now talking about is what is going to happen to first republic, that the bank. remember, their shares had dropped by 95% since the beginning of the year because so many investors are worried that could be the next bank to fail. conversations are happening between government officials and private equity to see if they can put something together to try and save the bank. . ~ something together to try and save the bank. ., ~ , ., something together to try and save the bank. . ~ ,, something together to try and save the bank. ., ~ i. . ., the bank. thank you so much. now let s cross the bank. thank you so much. now let s cross the the bank. thank you so much. now let s cross the atlantic the bank. thank you so much. now let s cross the atlantic and - the bank. thank you so much. now let s cross the atlant ....

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