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Transcripts For BBCNEWS Asia 20240704

Higher housing, cars and food costs but once his take out Core Inflation was 4. 7 , the lowest since october 2021. The good news is that inflation has drifted down from last summers 40 drifted down from last summers a0 year highs but its still well above what the Federal Reserve thinks of as normal prices. With the overall trend heading in the right direction, policymakers may feel that they dont need to raise Interest Rates further. Us central bank, you may recall, raised its benchmark Interest Rate to more than five and a quarter , the highest in 22 years, all in a bid to call the economy and ease the pressure is pushing up prices. Cool. Qualities too early to say mission accomplished, from the white house to wall street there is a sense that progress has been made in the Worlds Largest economy. Chinas e commerce Giant Alibaba reported its strongest quarterly Revenue Growth in almost two years, pushing its us listed shares up by more than a . Earlier this week the latest data shows C

Transcripts for BBCNEWS Asia Business Report 20240604 00:36:00

products to customers fast. since the launch of chatgpt, artificial intelligence has taken the tech world by storm but it s a rapid progress that has divided opinions. seen as a latest disruptor, there has been a lot of discussions about how ai been a lot of discussions about how a! steel millions ofjobs but one company that is embracing ai is zeta global. it offers marketing solutions to some of the world s biggest companies like bmw and jaguar. i caught up with their co founder david steinberg. he told me why he thinks the benefits from al outweigh the risks. it benefits from al outweigh the risks. , ., ~ benefits from al outweigh the risks. , ., ~ ., risks. if you think about the evolution risks. if you think about the evolution of risks. if you think about the evolution of employment, | risks. if you think about the j evolution of employment, a risks. if you think about the - evolution of employment, a lot of it sort of started with the advent of information being able to flow

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