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BBCNEWS BBC July 1, 2024

the house has now spoken and i think pretty loudly and clearly with everything republican voting in favour of moving into this official inquiry phase to do oversight. when a majority of the house goes on record in support of an official impeachment inquiry with the power that resides solely in the house of representatives, i think that sends a message. our reporter helena humphrey is on capitol hill, and i spoke with her earlier. good to see you, tell us more about the reactions to the vote today. the vote result was along party lines. so too was the reaction as well, as you might expect. the white house rather swiftly putting out a statement saying that this was baseless and nothing more than a political stunt. president biden accusing the republican party of essentially wasting time when there is still a lot of work to be done before lawmakers can leave congress for the holidays, not least when it comes to that question of finding any kind of consensus or way forward ....

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BBCNEWS World July 1, 2024

federal reserve believe interest rates are at or near their peak, even going as so far to signal of three possible because next year as us inflation continues to receive from its ao year high. during his frescoes, jerome powell suggested as much. we his frescoes, jerome powell suggested as much.- suggested as much. we are seeinu suggested as much. we are seeing strong suggested as much. we are seeing strong growth - suggested as much. we are seeing strong growth that l seeing strong growth that appears to be moderated, a labour appears to be moderated, a labour market that is coming back labour market that is coming back in labour market that is coming back in the balance by so many measures back in the balance by so many measures and we are seeing inflationary progress. this is what inflationary progress. this is what we inflationary progress. this is what we have been wanting to see what we have been wanting to see. y . ., what we have been wanting to see. .., . ....

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