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Between 5. 25 and 5. 5 . Months ago, many had forecast that this rate would be ready to cut around now but the latest Inflation Figures have dampened expectations as prices rose at 3. 5 in the year to march, which was higher than the february figure of 3. 2 . The feds target for inflation, like most Central Banks, is for 2 . So still some way to go. And those price rises are feeding into some wider negative sentiment. The latest report from the economic think tank the Conference Board shows that Consumer Confidence is falling with people more downbeat about future business conditions, jobs and income. To delve into that report joining me now is sara murray global managing director at the Conference Board international. Thank you forjoining us today. Take us in to the mind of American Consumers right now. How are they feeling . As you said, confidence has deteriorated to the Conference Board run the Consumer Confidence index and have been doing it for over 50 years and it has gone down
ChinaVehicleRaceLatestBeijing-autoshowUsBusiness-newsCentral-bankBig-dayTadhg-enrightWorldCostOf a seriously ill eight month old baby are devastated after a high court decided doctors can withdraw their sons life support. Ill be back later but first, heres Sharanjit Leyl with Asia Business report. Toshibas troubles. The Japanese Firm risks a de listing after risking earnings without a sign of from auditors. And we find out what chinas latest Inflation Figures tell us about the countrys economy. Hello and welcome to Asia Business report, im Sharanjit Leyl. Toshibas shares are down more than 296 toshibas shares are down more than 2 at the start of trade in tokyo this morning, the conglomerate from japan could face delisting from the Stock Exchange after it listed results without the endorsement of an auditor. Its unprecedented for a majorjapanese an auditor. Its unprecedented for a major Japanese Firm, they an auditor. Its unprecedented for a majorJapanese Firm, they are going to sell their crown jewels, the Chip Business, to offset huge losses from its Nuclear Division in the us
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