during his press conference. with us inflation running still well above the bank s 2% target, it sjob is not yet done. i think, as anyone can see, not a single person on the committee wrote down a rate cut this year, nor do i think it is at all likely to be appropriate if you think about it. inflation has not really moved down. it has not so far reacted much to our existing rate hikes, and so we re going to have to keep at it. most officials think two more rate hikes are needed this year, starting perhaps as early as next month. wednesday s decision ushers in a new phase in the fed s battle to lower prices follows a path carved out by central banks in countries such as australia and canada, which recently announced rate hikes following a break. michelle fleury there in washington, dc. the latest decision by america s central bank comes at a time when inflation is slowing but not as quickly as the federal reserve wants it to be. earlier, i spoke to blerina uruci of t.rowe pric
chair to powell made clear during his press conference with us inflation running still well above the bank? 2% target, and itsjob is not yet done. figs and its job is not yet done. as an one and itsjob is not yet done. sis anyone can and itsjob is not yet done. is anyone can see, not a single person wrote down a rate cut this year, not i think it is at all likely to be appropriate if you think about it. inflation has not really down, it has not so far reacted much to our existing rate hikes, and so we re going to have to keep at it. ~ .,, we re going to have to keep at it. most officials think two rate heights it. most officials think two rate heights are it. most officials think two rate heights are needed . it. most officials think two l rate heights are needed this year, perhaps starting as early as this month. wednesday s decision ushers in a new phase to battle prices and follows a path carved out by central banks in countries such as australia and canada which rece
the cold air is firmly in place and will be difficult to shift. we start with a frost in scotland and northern england on wednesday, much more cloud further south. some sunshine around but again cloud building up. some showers across northern england. at thick enough to bring some light rain or drizzle and temperature is not really changing much on wednesday. for the rest of the week, it is going to be dull with a lot of cloud around. an increasing chance of some rain especially across southern parts of uk but slowly it becomes a little less cold. and that s bbc news at six you can keep up with all the latest developments on bbc website from the six team it s goodbye. hello, and welcome to sportsday. i m jane dougall. the challenge cup draw will be taking place here injust a few moments time. keep watching to find out who plays whom in the sixth round of rugby league s most prestigious cup competition. after tottenham s most humiliating defeat in a decade, will they lose
breaking news on ana cabrera reports, hunter biden indicted with nine new tax charges including three felonies. we ll detail the allegations made by the special counsel in this case including money spent on a lavish lifestyle. escorts, cars, and drugs instead of paying taxes. we re also watching the united nations this hour about to convene an emergency meeting on gaza with a new warning that conditions inside the strip are nearing a humanitarian catastrophe. plus, just hours before the start of hanukkah, shots fired at a synagogue in albany, new york. the rising fears of anti-semitism here at home. also ahead, las vegas police releasing this new video of the shootout with the man who opened fire at unlv. and first to nbc, new accounts of the gunman s obsession with vegas. it is 10:00 eastern. thanks so much for being with us on a friday. i m ana cabrera reporting from new york, and we begin with that breaking news. hunter biden indicted on tax crimes. the presid