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watched metric because if consumers believe inflation will fall they will already adjust their spending patterns in anticipation of what is to come. those consumer expectations happened to jibe pretty closely with what economists expect for the latest inflation figures. they will likely show that inflation went up slightly month over month but it will drop year over year. month but it will drop year overyear. numbers month but it will drop year over year. numbers like that will be encouraging for the us federal reserve as it debates whether or not to make a change to interest rates. the us central bank started increasing the rate of borrowing aggressively last year. authorities have hiked rates ten times since marking the fastest tightening cycle since the 19805. expectations are high that this time it may pause. i spoke with a market strategist earlier who gave us her outlook for the us federal reserve. , . ., ., , ., her outlook for the us federal reserve. , ., ., res ....
a family run fragrance firm has won a king s award for enterprise after growing exports 500%. we ll speak to the boss. could an easing of tensions between the world s economic superpowers be on the way? in a major speech in washington on thursday, us treasury secretary janet yellen has called for a constructive and fair relationship with china, saying a decoupling of their economies would be disastrous for both sides. secretary yellen also said she plans to visit china for talks. us china relations are in their worst state in decades with the biden administraton enforcing a strict export ban on advanced technology to china, which accuses washington of trying to stifle its modernisation. from new york, our correspondent samira hussain reports. it has been five years since the united states imposed tariffs on billions of dollars of goods coming in from china. they not only have trade relations but diplomatic relations but diplomatic relations between the two countries ....
Say, arising into a likely recession. is that correct? this will be one of the key debates going into summertime, whether or not the federal reserve is going to be comfortable continuing to raise rates if, indeed, comfortable continuing to raise| rates if, indeed, unemployment begins to rise quickly as we see more and more people filing application forjobless benefits. that will be a dilemma for policymakers because, of course, they are tasked with a mandate, they have to deliver price but they have to deliver price but they have to deliver price but they have to do do it with full employment. and that makes their task incredibly complicated. inflation is stubbornly high and the fed says it will move interest rates probably another quarter point next month and keep it elevated until the end of the year. markets don t necessarily believe that. they think economic weakness will cause the fed to reserve reverses policy, may be an autumn but certainly in the early part of next year. s ....