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BBCNEWS Asia July 5, 2024

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 ri ....

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BBCNEWS Asia July 5, 2024

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 ....

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BBCNEWS World July 5, 2024

here s where the bank s base rate stands at the moment at 5.25% it is the highest in 15 years. the bank has raised the cost of borrowing fourteen times to try and tame soaring prices but inflation has eased sharply in recent months and the expectation now is that rates may soon start to come down. however, for those in the uk hoping for cheaper mortgages and loans there was something of a bad omen in the us, where the chair of the federal reserve seemed to dash expectations of a rate cut next month. as michelle fleury reports. the fourth meeting in a row, the federal reserve did not raise interest rates. this is the longest pause since policymakers began their aggressive rate campaign to tame inflation back in march of 2022. but for rate weary americans, well, they will likely have to wait a few more months to see any relief, 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 r ....

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MSNBC The Mehdi Hasan Show July 6, 2024

republicans expelled to blac to democrats for protesting gu deaths as the texas governor promises to pardon the man o killing a black live protester. plus, a member of the centra part exonerated on crimina defendant donald trump and a closer look at the gop - providing three of trips t supreme court justice clarence thomas and his nazi artifact collection if you ve been watching this show since we launched over tw years ago, you know the core enterprise of this program has been to sound the alarm on the threats to american democracy. and to underscore had the gran old republican party constitutes the greatest threa of all this week, we ve got fou stories illustrate exactly that, indeed, we are sadly spoiled for choice let s start in tennessee where it man accused of molestin multiple young girls was ouste from the state legislature wait, no he wasn t back in 2019, after thos allegations came to light, the republican s the point to lead the education subcommittee this we ....

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MSNBC Katy Tur Reports July 6, 2024

today. opening statements were supposed to start at 1:30 so far though, neither side has spoken and no reason has been given for the now hour and a half delay while we are waiting, we have just learned judge davis has authorized a special master to investigate fox s handling of discovery. we re going to explain in a moment this trial, when it does eventually start again, is not being televised. and nor can it be photographed one person was already kicked out of the courtroom for a snap, which the judge has said was deleted. don t worry though, we ve got our own reporters inside the courtroom updating us with the details. how exactly is this trial going to go? well, at least there s this. the judge ruled from the start that the election was not stolen and that fox was wrong to report that it was. in fact, he said it was crystal clear his words that the statements put out by the network and its hosts were false. now it is up to dominion to prove that there was actual mali ....

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