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from new york, here s the bbc s north america business correspondent, michelle fleury. stubborn inflation pushes back the timing of the first rate cut. the us federal reserve voted to keep its benchmark lending rate at a 23 year high on wednesday. officials have said they want more certainty that inflation is under control before they lower borrowing costs. they do not have that yet. here is chair, jerome powell, during his press conference. the economy has made considerable progress towards our dual mandate objectives. inflation has eased substantially over the past year, while the labour market has remained strong. and that is very good news. but inflation is still too high, further progress in bringing it down is not assured and the path forward is uncertain. we are fully committed to returning inflation to our 2% goal. while the prices of many goods have fallen, from cars to furniture, an increase in housing and petrol prices have contributed to a recent rise in con ....
of a 737 max plane shortly after take off. and a preliminary investigation revealed the door was missing four bolts. the ntsb chair reiterated to congress last week that boeing has said there are no records documenting the removal of the alaska airlines door. i m not going to sugar coat this. this is a criminal cover up. records do, in fact, exist. i know this because i ve personally passed them to the fbi. boeing, which is one of the world s two major producers of commercial planes, insists its jets are safe. as for its culture, in a statement to the bbc, boeing said it was taking steps to foster a safety culture that empowers and encourages all employees to raise their voices. it said retaliation was strictly prohibited. the plane maker s ceo, david calhoun, didn t appear today, but lawmakers said they expect him to testify in the future. united airlines says it will receive compensation from boeing over the grounding of it 737 max 8 planes. united did not specify the ....
out of a 737 max plane shortly after take off. and a preliminary investigation revealed the door was missing four bolts. the ntsb chair reiterated to congress last week that boeing has said there are no records documenting the removal of the alaska airlines door. i m not going to sugar coat this. this is a criminal cover up. records do, in fact, exist. i know this because i ve personally passed them to the fbi. boeing, which is one of the world s two major producers of commercial planes, insists its jets are safe. as for its culture, in a statement to the bbc, boeing said it was taking steps to foster a safety culture that empowers and encourages all employees to raise their voices. it said retaliation was strictly prohibited. the plane maker ceo, david calhoun, didn t appear today, but lawmakers said they expect him to testify in the future. us presidentjoe biden has called for sharply higher tariffs on steel and aluminium imports from china. he s expected to propose r ....
embedded into its dna. live now to victoria usher, ceo at pr agency gingermay. thank you forjoining us. why did you need to ensure that flexibility was there from day one? ~ ,, , a, flexibility was there from day one? ~ ,, n , a one? what did you experience? as a working one? what did you experience? as a working mum one? what did you experience? as a working mum it one? what did you experience? as a working mum it is - one? what did you experience? i as a working mum it is absently imperative to have flexible working and i was put in an impossible situation of having to choose between being a parent and having a career. i was made to go back to work to meetings after three weeks and then go back to work full time after six weeks which is absolutely impossible. it s a very difficult situation and we know that working parents really do want to develop career and they want to have the career trajectory. in our business we make sure that it is they did from day one a ....
let s talk about those job numbers. lower than expected. what is your analysis? lower than expected. what is your anal sis? , ., ., analysis? they were lower than exected analysis? they were lower than exnected but analysis? they were lower than expected but we analysis? they were lower than expected but we see analysis? they were lower than expected but we see the - analysis? they were lower than l expected but we see the markets analysis? they were lower than - expected but we see the markets will be celebrating this because this means that the policy tightening that we have seen for so many months is really beginning to work. and what that means is that the market has now mainly decided that the federal reserve does not need to hike interest rates any more. there was a big over whether or not there would be another interest rate height development height and that has been brushed aside by some data showing some slowing. if you like, this is pretty good news. we ....