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Transcripts For BBCNEWS Asia 20240702

will be key, but export curbs on onions is not the first one. we have seen the government take this road for rice and wheat earlier this year, and prices did come down in the domestic market after the export curbs were announced in the same happened with onions. wholesale market prices have actually been seen coming down, so that is really in the focus because despite the growth story that india portrays where we have seen multiple people updating their growth numbers in the coming months, inflation is still a sticky point and it was the reason why the central bank last friday kept the key interest rates unchanged on the higher side, showing its concern on rising food prices. onions are so important to indian cooking, aren t they? and we have seen some reaction from the producers of onions, those farmers blocking the highway. what has the response been otherwise? at been otherwise? at the moment, onions, been otherwise? at the moment, onions. which been otherwise? at the mo

Transcripts For BBCNEWS Asia 20240702

we should get further evidence that there s a real slowdown happening in thejobs market. employers are growing more cautious, putting off hiring. employees are sticking around longer. one caveat, we could see some distortion to the numbers. the auto and actor strikes both ended in november, with many returning to work that same month. plus the end of the year is when many seasonal workers get taken on. now, america s central bank, the federal reserve, will be watching closely. that s because slower job growth and wage gains will fuel expectations that the fed will leave rates on hold. rates have risen to above 5% from nearly zero since march of last year as it wrestles to bring down inflation. the jobs report is the last significant piece of economic data before the us central bank s rate setting meeting next week. now we should note that despite expectations for a slowdown, america s labour market remains strong by historical standards. still, if economists frequently use th

Transcripts For BBCNEWS Asia 20240702

employers are growing more cautious, putting off hiring. employees are sticking around longer. one caveat we could see some distortion to the numbers. the auto and actor strikes both ended in november with many returning to work that same month. plus, the end of the year is when many seasonal workers get taken on. now, america s central bank, the federal reserve, will be watching closely. that s because slowerjob growth and wage gains will fuel expectations that the fed will leave rates on hold. rates have risen to above 5% from nearly zero since march of last year as it wrestles to bring down inflation. the jobs report is the last significant piece of economic data before the us central bank s rate setting meeting next week. now, we should note that despite expectations for a slowdown, america s labour market remains strong by historical standards. still, if economists frequently use the word resilience to talk about the economy in 2023, they may be looking for a new word

Transcripts For BBCNEWS Asia 20240702

happening in thejobs market. employers are growing more cautious, putting off hiring. employees are sticking around longer. one caveat we could see some distortion to the numbers. the auto and actor strikes both ended in november with many returning to work that same month. plus, the end of the year is when many seasonal workers get taken on. now, america s central bank, the federal reserve, will be watching closely that s because slowerjob growth and wage gains will fuel expectations that the fed will leave rates on hold. rates have risen to above 5% from nearly zero since march of last year as it wrestles to bring down inflation. the jobs report is the last significant piece of economic data before the us central bank s rate setting meeting next week. now, we should note that despite expectations for a slowdown, america s labour market remains strong by historical standards. still, if economists frequently use the word resilience to talk about the economy in 2023, they

Transcripts For BBCNEWS Asia 20240702

more resilient and people have thought, especially in items such as cars, tvs as well as electric machinery. those items are the largest value and have been importing very well. china s exporter asean also include continued to increase and that is behind a big backdrop of industrial allocation because many of the companies are starting to see the overseas market will probably be very different in a few years and they need to de risk from china. few years and they need to de-risk from china.- few years and they need to de-risk from china. there has been a lot de-risk from china. there has been a lot of de-risk from china. there has been a lot of concern - de-risk from china. there has l been a lot of concern expressed about the chinese economy in general, and as we look at the overarching picture, is reason to be a bit optimistic some encouraging indicators, or is it too early to say? demand remains low. remains low. china s main economic remains low. china s main eco

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