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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 ....
our expectation at this year is 0ur expectation at this year is to see another 13,500 millionaires leave china. are millionaires leave china. are they completely millionaires leave china. are they completely cutting ties titan china? they completely cutting ties titan china? titan china? not at all. as eole titan china? not at all. as people become titan china? not at all. as people become more - titan china? not at all. as - people become more financially independent they do seek what are sometimes called greener pastures returns and there might include a better education for their children access to health and in china possibly case a lot of people do still keep their business there but from a text efficiency perspective of the destinations might be more attractive. destinations might be more attractive- attractive. are they worried about their attractive. are they worried about their truck attractive. are they worried about their truck - attractive. ....
explicit in recent months. it started with content that was basically images sexualising minors, but in a few recent months, he became very much more explicit, showing children in very, very sensitive and abusive pictures. 50 it is moving at sensitive and abusive pictures. so it is moving at a fairly fast paced, isn t it? how widespread is that? we found isn t it? how widespread is that? - found that the content what was shared actually doubled during the first quarter of 2023. and we saw a lot of cases in dark where forms and messaging app groups where people sell the content, sometimes thousands of pictures of children, and it is widespread, and we found more and more examples like this in the past few months. so more and more examples like this in the past few months. more and more examples like this in the past few months. so come i guess the big question the past few months. so come i guess the big question is, the past few months. so come i guess the big ques ....
number one in the world of the last few years. under expectation this year is to see another 13,500 millionaires leave china. leave china. are they completely leave china. are they completely cutting i leave china. are they i completely cutting ties leave china. are they - completely cutting ties from china? ., ., . . completely cutting ties from china? ., ., ., ., a china? no, not at all. as peeple china? no, not at all. as people become - china? no, not at all. as people become more - china? no, not at all. as - people become more financially independent they do seek sometimes what are considered greener pastures. reasons for that might include better education for their children, access to healthcare. i think in china s case, as i said, a lot of people do still keep their businesses there, we expect it to sit probably in second place with a500 net inflow of millionaires into the uae and particularly into dubai. . , , dubai. have you seen this migration dubai. ....
after the department of justice reveals multiple police failures and a school shooting that killed 21 people. it was a complete breakdown and lack of leadership. major: the cbs evening news starts right now. good evening, everyone, i m major garrett in for norah. thank you for joining us. we will have more of that department of justice report on the uvalde school shooting in a moment, but first, coast-to-coast winter storms are blanketing the country with snow and a blast of cold air. more than 80% of americans will see below average temperatures this weekend. at least 60 deaths in the last week are being blamed on the weather due to car accidents, hypothermia, and heart attacks. plus, for the fifth time this week, the united states has launched air strikes on iranian-backed houthi s inside yemen. cbs s charlie d agata is with marines on a navy warship in the mediterranean, where they are preparing for a possible escalation of the war in the mideast. but we be ....