hovering around 2%. right now, it sits somewhere around 4%. that s certainly better than where it was last year. somewhere above 8.5%. but it is still not good enough. and it s why the fed chair jerome powell has said more interest rate hikes seem pretty likely. in may, the 12 month change in the cpi came in at 4.0% and the change in the core cpi was 5.3%. inflation has moderated somewhat since the middle of last year. nonetheless, inflation pressures continue to run high and the process of getting inflation back down to 2% has a long way to go. the theory is by making it more expensive to borrow money it should cool off the economy. and ten rate hikes later, that tactic seems to be working. of course, the danger is the us economy could fall into a recession. those hawkish comments by mr powell had certainly weighed on investor minds. the nikki index is trading flat as japanese investors look at what happened on wall street overnight aftermarket sales for a third straight on
right now, it sits somewhere around 4%. that s certainly better than where it was last year. somewhere above 8.5% but it is still not good enough. and it s why the fed chair jerome powell has said more interest rate hikes seem pretty likely. in may the 12 month change in the cpi came in at 4.0% and the change in the core cpi was 5.3%. inflation has moderated somewhat since the middle of last year. nonetheless, inflation pressures continue to run high and the process of getting inflation back down to 2% has a long way to go. the theory is by making it more expensive to borrow money it should cool off the economy. and ten rate hikes later, that tactic seems to be working. of course, the danger is the us economy could fall into a recession. those hawkish comments by mr powell had certainly weighed on investor minds. spell, likewise on wall street on wednesday. still staying on the topic of interest rates, it s going to be a busy day for monetary policymakers here in southeast as
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Are you hoping to hear from toyota today . Toyota today . In terms of earnings. Toyota today . In terms of earnings, we toyota today . In terms of earnings, we expect toyota today . In terms of| earnings, we expect sweet results but in terms of actual results but in terms of actual result and march 2024, toyota guided roughly 4. 2 9 million operating profit but we expect them to exceed that profit. In terms of this fiscal year guidance for march 20 25, i would not be surprised if they provide a full time earnings, and that is something we are expecting for the result, under guidance. I koji sato has been in the chairand guidance. I koji sato has been in the chair and the chief Executive Chair for over a year. Executive chair for over a ear. ,. , , Executive Chair for over a ear. ,. ,. , Executive Chair for over a ear. ,. , ,. ,. , year. How easy performing and what are people year. How easy performing and what are people saying year. How easy performing and what are people saying about
he thanked his legal team and he said he was looking forward to getting back to his family and his work in the uk. it s a stunning reversal for mr lynch, who has been involved in legal battles over autonomy ssale for more than a decade. he and autonomy s former finance chief lost a civil trial in the uk two years ago, which also focused on allegations that they inflated autonomy s revenue before the sale to hewlett packard in 2011. workers at samsung electronics are going on strike today for the first time in the company s history. a union representing about 20% of the workforce has called the one day protest over pay and holidays. the company is one of the world s largest maker of smartphones. mark newman is founder of an investment firm and worked at samsung for six years. he told me about what impact the strike is likely to have. i think most likely there will not be any impact. it is a fifth of the workforce. in fact, what is quite different about this as it is not a stri