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to the string of low inflation readings that we had in the second half of last year. the recent data have clearly not given us greater confidence and instead indicate that it s likely to take longer than expected to achieve that confidence. today s remarks highlight the different paths being taken by central banks around the world, with the european central bank s christine lagarde reaffirming that the ecb was still on track to cut rates. many people expect the ecb will cut rates injune. now, the timing of the first rate cut here in the united states this cycle has become a subject of much debate from main street to wall street to the campaign trail. the fed had previously signalled it intended to cut rates several times this year from a 23 year high of 5.5 %. us stocks fell after mr powell spoke. here s how stock markets fared in the us after mr powell s comments. the s&p 500, nasdaq and the dow closed slightly lower. the federal reserve s next policy meeting will start at t
HelloIsn-tInterest-ratesJerome-powell-on-usUsDataAsia-business-reportCentral-bankHeadSteve-laiBankerMonetary-policyas autonomy and take control of the rest of regions where barcelona and madrid. thanks very much for your company we begin with those developments in spain where the country s senate has approved government proposals to take control of catalonia it comes just after catalonia regional parliament voted in favor of declaring independence from spain all the vote for independence followed a fiery debate in the calland parliament with opposition lawmakers walking out in protest. separatist members of the catalan parliament singing their unofficial national anthem in the way. for a peaceful defense of their land the the opposition politicians had long since left the chamber refusing to take part in the. leaving the parliament s president to
thrilled when it happened you had chants of freedom freedom from people who are out there on the streets many of them bare in mind have been waiting for years decades even for an announcement like this still now there were hundreds and thousands of peop
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