Rate cuts by september from its current level of 5. 25% to 5. 5%. However, stubbornly high prices and a hotjobs market pushed back that timing. Now citing better than expected economic data, it appears the federal reserve is getting closer to following in the footsteps of the european central bank and is preparing to cut rates, although mr powell did warn americans might have to get used to higher borrowing costs, suggesting that rates are likely to settle at a higher level than before the pandemic. In other news, there has been leaked data from disney, according to the wall streetjournal. The data came from disney s slack channels and included details on employment candidates and ad campaigns. Disney has told the bbc that it is investigating the matter. China has reported slower than expected growth in the second quarter. That data was released as top leaders gather in beijing for a plenum meeting, where they are likely to discuss ways to revive a stagnating economy. The bbc sjoao da
brought particular focus and attention onto this team. and indeed on this victory parade. we have been covering here on the bbc for the last couple of hours. thousands of people on the streets, lots of celebrations, but as it finished, close to union station, police say, shots were fired near the garage there. several people hit, two armed people detained for more investigation. so these are live pictures, you can see there, security personnel with weapons, moving quickly around the area. and we have been seeing, over the last 30 minutes or so, the cheers of the aftermath of people, largely evacuating from the the aftermath of people. people were leaving, but police nonetheless asking people to evacuate the immediate area around the station, avoiding the garage area next to the station, where victims are being treated, and clearly because of the scale of this victory parade anyway, the scale of the event, there were emergency services, there was a police presence as you would
and released without charge pending further investigations. their home was searched at the time. two weeks later, the former party treasurer, colin beattie was also questioned and released without charge. live now to our scotland correspondent, lorna gordon. dramatic news that scotland s longer serving first minister has been arrested in relation to investigations into the finance of the party. it is a long running investigation that started about two weeks ago, when complaints were made in relation to about £600,000 that was donated to the snp by activists. that was supposed to be ring fenced for a second independence referendum, and police scotland, after these complaints were made, launched what they made 0peration branchform, to examine what happens to this money. so, it has been long running police investigation. very little has happened publicly, but it has been bubbling along in the background. very little has happened publicly and visibly, until the last couple of mo
is a tall order but you suspect he is going to be one of a handful of managers who is able to juggle it all. he is going to become the sixth permanent manager in the last five years. permanent manager in the last five ears. ., ., , . years. you mentioned the experience he would have years. you mentioned the experience he would have had years. you mentioned the experience he would have had already years. you mentioned the experience he would have had already in - years. you mentioned the experience he would have had already in the - he would have had already in the premier league with tottenham, and it will surely play into it. he brings a big resume. it is it will surely play into it. he brings a big resume. it is premier leaaue brings a big resume. it is premier league experience brings a big resume. it is premier league experience which - brings a big resume. it is premier league experience which is - brings a big resume. it is premier league experience which is rea
the last few hours. he left tottenham in 2019. he joins after a dismal season for chelsea, they finished 12th in the premier league and our reporter has more. chelsea have enjoyed a terrible season, there west on points in the premier league, they lost on the tap of their matches. their squad is bloated, it is expensively assembled. they have spent £60 million since last summer. they have very little to show for it, they have not qualified for europe and as a result their spending in his first transfer window will be hit as a result. frank lampard, they interim manager, the third manager of the season, openly said standards have dropped. he officially starts in july, that gives him a month to ascertain who is up to scratch. it is a tall order but you suspect pochettino is probably one of a handful of managers who might be able tojuggle it handful of managers who might be able to juggle it all. you mention when he goes to manage it all, the experience he would have had alread