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Transcripts For BBCNEWS World 20240706



in the united states where the central bank, the us federal reserve, has raised the cost of borrowing for the tenth time. the quarter percent rise puts the fed s main interest rate at between 5 and 5. 25% the highest it s been in 16 years. but has it done enough to tame inflation? or with banks struggling and recession looming, has the fed gone too far? our north america business correspondent samira hussain reports from new york. inflation remained stubbornly high, to try to get the cost of living back down to more normal levels the federal reserve has raised interest rates ten times in a little over a year, 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, le-s tightening of monetary policy, legs with which policy affects economic activity and inflation ....

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Transcripts For BBCNEWS Business 20240703

Lets start in the eu, where Three Tech Giants the social media platform x, Tiktok Owner Bytedance and the travel website booking. Com, are waiting to find out whether they could face an Antitrust Crackdown under the eus new digital antitrust rulebook. The Eu Commission has until the end of today to decide whether those three companies would qualify as so called gatekeepers under the new Digital Markets act. The aim of the act is to help competition in the Technology Sector and to try to break down the stronghold of Big Tech Companies. Well, someone who knows a lot about this, be ....

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Transcripts For BBCNEWS Verified 20240702



not to government is doing to urge israel not to proceed on blockade gaza, to comply not to proceed on blockade gaza, to comply with international law and protect comply with international law and protect innocent lives? comply with international law and protect innocent lives? pointing out that all sides protect innocent lives? pointing out that all sides must protect innocent lives? pointing out that all sides must abide protect innocent lives? pointing out that all sides must abide by - that all sides must abide by international humanitarian law, that ultimately there cannot be a military solution to pull it problems in the middle east, clearly the terrorist group her weight we hope not have a political row representing the palestinian people, but de escalation and peace must come first. i but de-escalation and peace must come first- but de-escalation and peace must come first. ., ,, ~ , ., come first. i thank the minister for answerin: come first. i than ....

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