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BBCNEWS Verified July 4, 2024

Time for a look at the Business News now with marc ashdown. Hello, this is World Business report, im marc ashdown. We start in the us, where the all important Inflation Data is just out. Prices inched up injuly, but less than expected. The Consumer Price index, a key inflation figure, rose 3. 2 compared to a year ago. It was running at 3 injune, so on the face of it, the pace of price rises has ticked up again. But the markets had expected a bigger increase, so could todays figure be good news . And could it be enough to persuade the Federal Reserve to leave Interest Rates unchanged next month . Lets bring in our north
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BBCNEWS Verified Live June 4, 2024 15:32:00

Year and the way the data is compiled but some of it is things like rising housing costs and stuff like rising housing costs and stuff like that. i think broadly speaking if you talk to most economists, they think the economy, the world s largest economy continues to move in the debt right direction and if anything they are pretty optimistic after this report hoping that it means the federal reserve might not have to raise interest rates any further as it tries to team inflation because when you strip out things like food and energy costs which tend to be more volatile the underlying picture looks pretty good and that is why you are seeing traders on wall street reacting positively in the markets rose on the news. ,, . , , ., ., ., the news. quite a few bits of data, an hinu the news. quite a few bits of data, anything else the news. quite a few bits of data, anything else grabbing the news. quite a few bits of data, anything else grabbing you - the news. quite a few bits of data, ....

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