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Transcripts For BBCNEWS World 20240704

When the Federal Reserve makes its next decision. Do you agree with that . With that . Yes, i think that is re with that . Yes, i think that is pretty clear. With that . Yes, i think that is pretty clear, they with that . Yes, i think that is pretty clear, they are with that . Yes, i think that is pretty clear, they are looking | pretty clear, they are looking at a federal rate that is finally in repository positive territory in relation to inflation and inflation does seem to be decelerating for now. That gives them so to speak, soft landings and things like that. It gives them the runway to sit back and watch for a little bit longer before deciding which way to go next. There is less certainty about what happens beyond then. Some voices among the policymakers who are concerned about the impact of high Interest Rates on economic growth, what do you think happens beyond september . Are we at the peak of Interest Rates in the us . I are we at the peak of Interest Rates in the us . Rates

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Transcripts For BBCNEWS BBC News 20240706

fredricka reynolds used to do all the flowers for the weddings, but in an instant, that key part of her business was snatched away. they rang me on the thursday before the asylum seekers came on the monday, and cancelled all my weddings for the foreseeable. that s a huge amount of work and income to me. and she told me it s notjust the loss of thousands of pounds. me and my boys used to go swimming every saturday there. i ve got two little ones and every time we drive past there, they want to go swimming and, unfortunately, that s closed now. because of the small boats crossing the channel, the number of asylum seekers in hotels has gone from 3,000 to 51,000 in just three years. it s the government policy that almost no one is in favour of not even the government and it s costing the taxpayer £6 million a day. daniel sandford, bbc news, kegworth. more than 100 metropolitan police officers, who are being investigated for domestic abuse or sexual misconduct, are being allo

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Transcripts For BBCNEWS Outside Source 20240706

over of the troubled bank credit suisse. we begin in switzerland, where the un secretary general has warned that the climate time bomb is ticking, urging rich nations to slash emissions sooner after a new assessment from scientists said there was little time to lose in tackling climate change. the inter governmental panel on climate change says the worst can still be averted if emissions are cut rapidly. but even that is unlikely to stop global temperatures rising by less than the target of 1.5 degrees celsius. here s antonio guterres. humanity is on thin ice, and that ice is melting fast. as today s report of the intergovernmental panel on climate change details, humans are responsible for virtually all global heating over the last 200 years. the rate of temperature rise in the last half century is the highest in 2,000 years. concentrations of carbon dioxide are at their highest in at least two million years. the climate time bomb is ticking. let s look through the key findi

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Transcripts For BBCNEWS World Business Report 20240706

that s the message sent by the european central bank as it ploughs ahead with plans to raise rates, despite sluggish growth in the eurozone, and turmoil in the banking sector. the ecb s main interest rate was hiked by 50 basis points to 3.5% as it tries to keep a lid on rising prices. but the language from policymakers has begun to strike a new note, dropping a reference, used in previous statements, to the need to raise rates significantly going forward. agnese ortolani is a europe analyst at the economist intelligence unit. so, we have had this rate rise within the last hour. give us a sense of what this tells us. they don t seem to be overly concerned about the banking sector. yes indeed, about the banking sector. yes indeed. the about the banking sector. yes indeed, the ecb about the banking sector. 13; indeed, the ecb decided about the banking sector. yes indeed, the ecb decided to go ahead with this, because it is related to inflation the euro zone, so it is infla

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