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on the same day seven times in the last decade. to start, the consumer price index. that s the key inflation gauge that held good news wednesday morning for american consumers and the fed. it showed inflation cooling slightly in may after a few particularly hot read outs in the first few months of the year. at 3.3% the yearly price increase was lower than expected and slower than the increase we saw in april. the data actually showed no change month to month between april and may. and the core inflation rate which excludes volatile food and energy prices cooled as well. that s the kind of news federal reserve officials are looking for. but it was not enough to warrant an interest rate cut. here is federal reserve chairjerome powell. we see today s report as progress and is building confidence, but we don t see ourselves as having the confidence that would warrant beginning to loosen policy at this time. the fed held steady, making no change to the current benchmark inte ....
these are two big deal events. we ve only seen them happen on the same day at seven times in the same day at seven times in the last decade. to start, the consumer price index. that s the key inflation gauge that helps good news wednesday morning for american consumers and the fed. it should inflation calling site in may after she particularly hot rebels in the first few months of the year. at 3.3% the yearly price increase was slower than expected and slowly increase we saw in april. the data actually showed no change month to month between april and may. and the core inflation rate which excludes volatile food and energy prices called as well. that s the kind of news federal reserve officials are looking for. but it was enough to warrant an interest rate cut. here is federal reserve chair jerome powell. we see today s report as progress and is building confidence but we don t see ourselves as having the confidence that would warrant beginning to loosen policy this tim ....
inflation gauge that held good news for american consumers and fed showing inflation cooling in the month of may, slightly, after a few hot readouts in the few first months of the year. at 3.3% the yearly price increase was lower than expected and slower than the increase we saw in april. the data actually showed no change month to month from april to may. the core inflation rate which excludes volatile food and energy prices cooled as well. that is the kind of news federal reserve officials are looking for. but it was not enough to warrant an interest rate cut. we it was not enough to warrant an interest rate cut. interest rate cut. we have seen the report interest rate cut. we have seen the report today interest rate cut. we have seen the report today as interest rate cut. we have seen the report today as progress i the report today as progress and as the report today as progress and as building confidence, but we do and as building confidence, but we do not ....
fallen sharply after fears that the conservatives might not get the majority in the general election that many are thinking may happen. hi claire castle may be better known as the filming location for down to gnabry but it s also home to europe s most successful horse racing ownership company. we ll get the inside track with harry herbert. and it s been revealed the bank of england s staff have been studying dr seuss to brush up on communication skills because he has been described as a master of using simple language. with like to know what business language you think would benefit from the dr seuss treatment. we promise no jargon here on business live. india has retained its crown as the fastest growing major economy in the world. economists are predicting indian economy grew by 7.1%, that s in the first three months of this year. but would be faster than china which is currently at 6.9%. the resilience of the indian economy will be welcome news for prime minister nar ....
negotiations and look at where the new government goes from here with our business editor, simonjack. we usually ask you a twitter question, but today the founder of amazon has one for you what should he do with all his money? jeff bezos has posted a request for ideas from the public for philanthropy inspiration what advice would you give? just use the hashtag #bbcbizlive. good to have you with us on business live. we start in greece, which has edged back from the brink of financial collapse once again. late on thursday after months of wrangling european finance ministers, together with the international monetary fund, finally agreed to give athens its latest slice of bailout money. and there s a hint it could get some relief from its crippling debt mountain next year. let s show you the details. greece will finally get this 8.5 billion euros part of an 86 billion euro bailout plan agreed in 2015. it is the third it has had. it will come just in time, as gre ....