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of a possible recession in the pipelines. our business reporter katie silva who has been looking into the details of the story for us, joins me now on the program. katie, it is always great to see you on asia business report and this seems like relatively good, doesn t it? it does. it has been welcomed in high quarters. president biden, for example, saying that it gives american families some breathing room and particularly pointing to the fact that we ve seen the greatest reduction in the costs of gas as well as food and grocery expenses things that are very important to american families. but the excitement should be tempered somewhat. of course, the us like many major economies pursues an inflation target in the order of around 2%, so 5% is still a long way off that, and if we were to take out those impacts of the fuel and food prices, that would leave us with a figure called core inflation and, in fact, core inflation actually rose, particularly driven by increase ....
defeat in the opening leg of their uefa champions league quarter final in a season that seems to lurch from one problem to the next for the londoners. the m time winners spain claimed a 2 0 nil victory over frank lampard s side while in an all italian clash ac milan held off napoli despite the visitors having a host of chances. joe, the side may be struggling domestically but in europe they just seem to manage to grind out those results, don t they? a mixed season for real madrid, as you eluded to there, a chaotic season for the premier league side chelsea. this competition, the champions league really represents the last opportunity to win a trophy this season and they were watched by their american owner todd bowley, he watched the team lose 2 0 to real madrid and it was a match being overseen by the third manager they have appointed this season in frank lampard, making his comeback to champions league management, and they got the goals trhough karim benzema and marco ....
hello and thanks forjoining us, where it was a night for the holders real madrid as they sent chelsea to yet another defeat in the opening leg of their uefa champions league quarterfinal, in a season that seems to lurch from one problem to the next for the londoners. the 14 time winners from spain claiming a 2 0 victory over caretaker manager frank lampard s side, while in an all italian clash, ac milan held off napoli at the san siro despite the visitors having a host of chances. joining me to chat through the two matches is our football reporterjoe lynskey. and, joe, carlo ancelotti s side may be struggling domestically, but in europe, theyjust seem to manage to grind out those results, don t they? yeah, they do, tulsen. it s been a mixed season for real madrid, as you alluded to there. it s been a chaotic season for the premier league side chelsea. this competition, the champions league, really represents their last opportunity to win a trophy this season, and they w ....
its lowest level for nearly two years. consumer prices rose by 5% of the year to march, a far cry from the 9% it was that in june. but there are warnings of a possible recession in the pipeline. our business reporter is katie silver, she s been looking through the dater and joins me now on the programme. great to have you on the show. this looks pretty optimistic, doesn t it was back it s good news it isn t it? it’s doesn t it was back it s good news it isn t it? news it isn t it? it s good news it isn t it? it s good news but it news it isn t it? it s good news but it needs - news it isn t it? it s good news but it needs to - news it isn t it? it s good news but it needs to be i news but it needs to be analysed further and taken with analysed further and taken with a grain of salt. inflation is down and there are warnings every session but still we are hearing the fed may hike rates for the three things that don t normally go together. in terms of the inflation fi ....
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