with what economists are expecting for the latest inflation figures that they will likely show that inflation went up slightly month over month, but it will drop year over year. numbers like that would be encouraging for the us federal reserve as it debates whether or not to make a change to interest rates. well, the us central bank started hiking rates aggressively last year. authorities have hiked rates ten times marking the fastest tightening cycle since the 1980s. expectations are high that this time , they might pause. earlier, i spoke with market strategist charu chanana, and she gave me her outlook for the us federal reserve. expectations are built in for the next two quarters. this time. i think the markets are being complacent about that slow down in information that you just talked about as well as a potential fall or skip, whatever you might call it. if you remember, last week we got some hock wish trends in the market from the reserve band of australia and reser
in a police car in hampshire. time now to leave you with ten seconds of party. as a man city supporter i was in instabul, the blues have been parading their trophy when a thunderstorm hit manchester. you are all caught up. bye for now and have a good night. this is bbc news. we will have the headlines and all the main news stories for you at the top of the hour, straight after this programme. that surfing dream. the perfect wave. the perfect look. but beneath the surface lies a murkier side. for every pristine peak, broken boards and piles of cheap polystyrene dumped on our beaches. it s really disheartening to see this amount of waste come forward. surfers may enjoy the fresh sea air, but the industry relies on toxic chemicals, producing suits and boards derived from oil. and living that dream of being at one with nature is getting more and more difficult. we do want to encourage people to get outdoors, but at the same time, at what cost to the planet? so i want to know, can
move that was expected. the cost of borrowing is now at its highest in 16 years, but is the fed finally done with rate hikes? the bbc s samir hussein reports from new york. inflation remain steadily high. to try and get the cost of living back down to more normal levels the federal reserve, america s central bank, has raised interest rates ten times in a little over a year, and now it seems it may be ready to perhaps take a pause. the committee perhaps take a pause. the committee will perhaps take a pause. the committee will take - perhaps take a pause. the committee will take into account the cumulative tightening of monetary policy, the legs tightening of monetary policy, the legs with which it lacks inflation and economic and financial inflation and economic and financial developments. the legs financial developments. the legs we financial developments. the legs. we will make that determination meeting by meeting. determination meeting by meetinu . ., de
a move that was expected. the cost of borrowing is now at its highest in 16 years, but is the fed finally done with rate hikes? the bbc s samir hussein reports from new york. inflation remain steadily high. to try and get the cost of living back down to more normal levels the federal reserve, america s central bank, has raised interest rates ten times in a little over a year, and now it seems it may be ready to perhaps take a pause. the committee will take into account the cumulative tightening of monetary policy, the legs with which it lacks inflation and economic and financial developments. we will make that determination meeting by meeting. the rate rises have slowed economic growth in the united states by making it more expensive to borrow money and inflation is starting to come down, but they have been some unexpected knock on effects of the rate hikes. they played a part in the banking crisis, where three banks collapsed in less than two months. so far, the fed has been