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Transcripts For BBCNEWS Business 20240703

The catalyst wednesdays Consumer Price index report which showed inflation rising less rapidly in april than wed seen in the first three months of the year. Fed Chairjerome Powell had said just a day earlier that fed officials were surprised by this years higher than expected readouts. Traders keenly watch Inflation Figures for clues on how the fed will move forward on Interest Rates. Any news of price increases easing raises their hopes the Interest Rates will be cut sooner rather than later. Now more investors expect the fed to make its first rate cut in september and a second in december. As we have been reporting on news day, russiare president has arrived in china for a two day visit. It comes as moscow has become more dependent on beijing following its invasion of ukraine more than two years ago. Trade numbers hit record highs last year as china bought discounted russian oil in the face of sanctions. You can weep up with the latest on president putins trip by our live payment on

China Springs A BRI Surprise On US – OpEd

China Springs A BRI Surprise On US – OpEd
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