that s slightly higher than expected and driven mainly by higher costs for gasoline and rents. in the 12 months up to february, the cpi rate increased by 3.2%, compared to 3.1% injanuary. the core rate, stripping out those volatile elements such as fuel and rents, fell to 3.8% from 3.9% injanuary, but that was still higher than the 3.7% expected. this latest data suggests there is still some stickiness with inflation that will be scrutinised by the federal reserve as it weighs up a highly anticipated interest rate cut injune. let s head over to new york and speak to our north america business correspondent michelle fleury. as far as the fed is concerned, it is about how they respond to this number. it is not going in the direction they wanted it to. the tricky word direction they wanted it to. the tricky word that direction they wanted it to. tue: tricky word that you direction they wanted it to. tte: tricky word that you were stumbling over, sticky, and a lot of this is
neil carberry is the chief executive of the recruitment and employment confederation. we have definitely seen a cooling in labour market demand for newjobs over the last year, year and a half. and lots of change going on inside companies as they adapt to a slower economy. so, definitely signs of a cooling, that of course is what the bank is looking for to justify dropping interest rates in the next few months. but i think what is important to say is that there is nothing precipitous here, unemployment overall is still low, demand is still relatively high next to historic standards. so this is a gentle cooling, more of a soft landing rather than anything more challenging. and there is some hope in the business surveys for a turnaround later in the year. the rec speaks for 3,000 recruitment agencies all over the country and what we are getting is not employers shutting up shop and not hiring, but those decision making timescales take a bit longer, maybe we will recruit that ru
the core rate, stripping out those volatile elements such as fuel and rents, fell to 3.8% from 3.9% injanuary, but that was still higher than the 3.7% expected. this latest data suggests there is still some stickiness with inflation that will be scrutinised by the federal reserve as it weighs up a highly anticipated interest rate cut injune. let s head over to new york and speak to our north america business correspondent michelle fleury. not michelle fleury. a huge rise but not heading in the not a huge rise but not heading in the right direction? the right direction? people were hoinu to the right direction? people were heping to see the right direction? people were hoping to see more the right direction? people were hoping to see more evidence - hoping to see more evidence that prices were cooling and moving in the direction they wanted, this probably goes in the negative column, inflation is a bit hotter than people would like to see, and it does not necessarily mean
could jump dramatically. the charity, crisis, says the problem may climb by three quarters in the uk over the next ten years. a second chance to gold botswanan athlete isaac makwala will run in the final of tinai s 200m after running his won alone against the clock. i wish to thank the imf for giving me another chance. and two women are rescued from the top deck ofa women are rescued from the top deck of a double decker bus after it crashed into a shop on a busy london high street. the driver has been taken to hospital. good morning. welcome to bbc newsroom live. northumbria police has defended paying £10,000 to a convicted child rapist. 0fficers did it to gather information in an abuse investigation. the force is standing by its actions after 17 mostly south asian men and one woman were convicted of grooming vulnerable girls in newcastle. critics said it could have put victims at greater risk. responding to the convictions, a former director of public prosecutions, lord m
most important thing it s been and gone, because that s the cloud from yesterday. today, almost gone. we still have the remnants of yesterday s bad weather. we even had a thunderstorm earlier on in kent and still one or two showers around, but for most of us today it s looking absolutely fine. a lovely picture here from leicestershire, scattered fairweather cumulus clouds. here s a nice positive spin on the weather on thursday, sunshine for most of us. that s because these are little area of high pressure is nosing into the uk, it will not last long, but today, is giving some of that fine weather. the temperatures are probably a bit below. it s a cool air mass coming in from the north atlantic, so temperatures typically in the teens. these are the pesky showers in the south east. you might catch a downpour. but for most of the country there is not an awful lot to say. it s just a fine day. notice that the clouds are gathering and a bit of rain just of the north of our neighbo