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as samira hussain reports from new york. the headline in these latest inflation numbers as the cost of living in the united states is headed in the right direction. inflation rose 3% in the month ofjune, down a full percentage point from a month earlier. it has fallen pretty sharply from its peak of more than 9% forjune of last year. it is a sign the federal reserve s moves to raise interest rates to slow down inflation seems to be working. analysts are still thinking the american central bank will raise interest rates one more time at the next meeting. the caller inflation is good news for consumers, also good news for consumers, also good news for the us presidentjoe biden who touted the administration s efforts to bring prices down. he is facing re election next year and being to control inflation without pushing the economy into a recession, will be key if you want another four years in the white house. if he wants. years in the white house. if he wante years in the ....
As samira hussain reports from new york. the headline in these latest inflation numbers as the cost of living in the united states is headed in the right direction. inflation rose 3% in the month ofjune, down a full percentage point from a month earlier. it has fallen pretty sharply from its peak of more than 9% forjune of last year. it is a sign the federal reserve s moves to raise interest rates to slow down inflation seems to be working. analysts are still thinking the american central bank will raise interest rates one more time at the next meeting. the caller inflation is good news for consumers, also good news for consumers, also good news for the us presidentjoe biden who touted the administration s efforts to bring prices down. he is facing re election next year and being to control inflation without pushing the economy into a recession, will ....
Hundred and 25% of their mortgages. an important financial threshold. given that it is perhaps surprising the bank thinks overall stress from high debt burdens is manageable, yes, it is rising as you can see, but not to levels seen at the time of the financial crisis in 2007 unless interest rates go much higher. governor andrew bailey confident there will be no new bank crisis and we will not get a mass property crunch. in bank crisis and we will not get a mass property crunch. in the 90s the recession a mass property crunch. in the 90s the recession of a mass property crunch. in the 90s the recession of the - a mass property crunch. in the 90s the recession of the early| 90s the recession of the early 90s, the rate of repossessions that was there, the effect that has on people and on families, we do not want to go back to that world, we are in a much better place with the banking system that can support its customers. system that can support its customa customers. what is driving ....