let s start in the us where inflation has been falling for the 7th month in a row. the rate forjanuary stands at 6.4% down from a peak of 9.1% injune last year. but the latest report from the us labor department also showed the pace of that slowdown is starting to ease. the bbc s north america correspondent michelle fleury reports from new york. inflation has been coming down on an annual basis. that s the good news. the bad news on a monthly basis, prices for consumer goods actually rose at the start of 2023, despite an aggressive campaign by america s central bank to bring it down. the consumer price index was up 0.5% injanuary, compared to a revised 0.1% increase in december. the cost of housing was to blame for more than half of the increase. higher food and energy prices also contributed. the stronger than expected report, coupled with a tight labour market, could force america s central bank to raise interest rates more than anticipated. and that certainly spooked i
year, a lot of indexes are up 10%, year to date so far, so there is a bit of a disconnect, but i think generally investors are still on the cautious side because last year we had one of the most aggressive and fastest rate increase cycles in the us, so that is bound to have an impact on the economy, which has not seen yet, so there is still some cautiousness but it has been pretty good rallying. what you make of this deceleration in inflation coming down, do you think we are in for a longerflight against inflation than previously thought? yes, i think that previously thought? yes, i think that is previously thought? yes, i think that is our previously thought? yes, i think that is our view. - think that is our view. inflation falling is a great thing, it has been falling for the seventh consecutive month which is a good trend but if you look at what the reserve wanted it to be it is 2%, so at 6.4%, we are far from that. if you strip out the energy and food component, inflation ha
,the deaths of some upwards ofn 30 million birds in the nation s food supply. te the fda politico just reported within these last weeks that former commissioners are concerned that they ve completely a abandoned the food component to the food and drug administration. in fact, these former commissioners told politicome that the drug side is where alle of the resources are. it s where r all of the attentin is is i where all the money is. and it s all in pushing the vaccines into people s arms, which means they re so obsessed with drugs they ve abandoned their food ha t to the united states and the nation s food supply becomes imperiled by those actions. whatever is happening here, there s negligence and i think they ve done enough for pfizer share price. let s let s move on to . otecting the population p i wouldsu say it s such a great point and we appreciate coming on sitee honan s. thank you . thank you . sor. people, cnn still seem baffled. they don t understand why they re streamingn
destruction and death of upwards of 30 million birds in the nation s food supply, but the fda, politico just reported within the last week s that former commissioners are concerned that they completely abandoned the food component to the food and drug administration. in fact, these former commissioners told politico that the drug side is where all of the resources are, it is where all of the attention is and all the money is, and it is all in pushing the vaccines into people s arms, which means they are so obsessed with drugs they have abandoned their food obligation to the united states and the nation s food supply comes at the actions. whatever is happening, there is negligence. tucker: they have done enough for pfizer s share price. let s move onto protecting the population, i would say. such a great point and we appreciate you coming on, vince coglianese, thank you. thank you, tucker. tucker: so people on cnn still seemed baffled. they don t understand whether streaming s
in december we saw inflation in the us at 7%. what you think the us at 7%. what you think the january will be? the us at 796. what you think the january will be? the january will be? good morning- the january will be? good morning. thank - the january will be? good morning. thank you - the january will be? good morning. thank you for l the january will be? good - morning. thank you for having me. inflation is likely to hit 7.3%, which is going to be even higher than the a0 year high they have seen under december, and so this is really putting a lot of stress on consumers because a lot of that is driven by energy, food and also the gifts you purchase every day. so even if you exclude the energy and food component, the us inflation is likely to hit 6%, which is really very elevated. it 696, which is really very elevated. 696, which is really very elevated. , , elevated. it is extremely high. a multi- decade elevated. it is extremely high. a multi- decade high - elevated. it is extr