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Transcripts For BBCNEWS The 20240704

the only thing he did say is that the federal reserve was determined to carry on its fight against inflation and said it wasn t over yet. part of the reason for that is that those inside america s central bank are worried the us economy is still growing too fast. you can blame it on everything from travel bookings to the cell of concert tickets. even the success of the barbie movie and its strong box office weekend. all of these are driving growth and the fear is that will feed through to higher inflation and that s why the federal reserve are staying rigid. reserve are staying rigid. right. it s all about reserve are staying rigid. right. it s all about barbie reserve are staying rigid. right. it s all about barbie spending. . reserve are staying rigid. right. i it s all about barbie spending. can we talk about what sort of knock on effect that will be? the bank of england has been criticised for not going quickly enough on interest rates. it s always been in catch up m

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