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Transcripts For BBCNEWS Asia 20240705

by the federal chair. fed chair based on the meeting today, i would tell you that i don t think it s likely that the committee will reach a level of confidence by the time of the march meeting to identify march as the time to do that. but that is to be seen. mr powell s words disappointed us on wall street who believed that the first cut would potentially happen in march. this is after policymakers back in december hinted at three rate cuts in 202a. however, mr powell said officials wanted greater confidence that inflation was falling back to its 2% goal first. with prices coming down but still high and with the economy doing well, david russell at trade station believes that this is the right call telling mejerome powell has no reason to show his hand at this point. the rate decision comes after fresh data showing us economic growth slowed down in the last quarter, but performed much better than forecasters expected. in other news, now to other stories making headlines. b

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Transcripts For BBCNEWS Asia 20240705

getting these comments by the federal chair. federal chair. based on the meetin: federal chair. based on the meeting today, federal chair. based on the meeting today, i federal chair. based on the meeting today, i would - federal chair. based on thei meeting today, i would tell federal chair. based on the - meeting today, i would tell you that i don t think it s likely that i don t think it s likely that the committee will reach a level of confidence by the time of the march meeting to identify march as the time to do that. but that is to be seen stop at mr powell s words disappointed us on wall street who believed that the first cut would potentially happen in march. this is after policymakers back in december hinted at rate cuts in 202a. however, mr powell said officials wanted greater confidence that inflation was falling back to its 2% goal first. with prices coming down but still high and with the economy doing well, david ross let believes that this is the right ca

Cutting-rates
Economists
Businesses
Central-bank
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Minds
Consumers
Meeting
Fed-chairjerome-powell
Guidance
Powell-s
Shares

Transcripts For BBCNEWS Asia 20240705

given these comments by the federal chair. based on the meeting today, i would tell you that i don t think it s likely that the committee will reach a level of confidence by the time of the march meeting to identify march as the time to do that. but that is to be seen. mr powell s words disappointed us on wall street who believed that the first cut would potentially happen in march. this is after policymakers back in december hinted at rate cuts in 202a. however, mr powell said officials wanted greater confidence that inflation was falling back to its 2% goal first. with prices coming down but still high and with the economy doing well, david ross believes that this is the right call telling me thatjerome powell has no reason to show his hand at this point. the rate decision comes after fresh data showing us economic growth slowed down in the last quarter, but performed much better than forecasters expected. let s turn our focus now to social media because the bosses of compa

Interest-rates
Growth
High
Cutting-rates
Economists
Businesses
Central-bank
Question
Inflation-cooling
Consumers
Minds
23

Transcripts For BBCNEWS Asia 20240705

by the federal chair. based on the meeting today, i would tell you that i don t think it s likely that the committee will reach a level of confidence by the time of the march meeting to identify march as the time to do that. but that is to be seen. mr powell s words disappointed us on wall street who believed that the first cut would potentially happen in march. this is after policymakers back in december hinted at rate cuts in 202a. however, mr powell said officials wanted greater confidence that inflation was falling back to its 2% goal first. with prices coming down but still high and with the economy doing well, david ross at trade station believes that this is the right call telling mejerome powell has no reason to show his hand at this point. the rate decision comes after fresh data showing us economic growth slowed down in the last quarter, but performed much better than forecasters expected. now to other stories making headlines. boeing boss dave calhoun has admitted

Interest-rates
Us
Economists
High
Reserve
Growth
Question
Inflation-cooling
Minds
23
Fed-chairjerome-powell
Meeting

Transcripts For BBCNEWS Sportsday 20240706

has christmas come early for manchester united fans or not? a deal is finally agreed for british billionaire sirjim ratcliffe to buy a stake in the club. no festive joy for chelsea beaten for the eighth time in the premier league this season but it s all smiles for wolves. and rangers win at motherwell to close in on cetlic and the top of the scottish premierhship. welcome along, thank you forjoining us. so much for a quiet sporting christmas eve. it s been announced in the last few hours that british billionaire sirjim ratcliffe has agreed to buy a 25% worth a little over £1.25 billion in manchester united. the news comes over a year after the club s owners, the glazers, stated they were considering selling. ratcliffe s ineos group will take control of united s football operations and provide over £230 million in future investement into old trafford. our sports editor dan roan reports. when sirjim ratcliffe toured old trafford earlier this year, the british billion

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