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Transcripts For BBCNEWS Verified 20240701



to early for speculation. earlier i put that to victoria scholar is head of investment at interactive investor. the uk money markets, they are anticipating rate cuts next year but not untiljune, that is when the first rate cut is pencilled in. that was actually pushed back after today s decision, from the previous estimation that the bank of england would cut rates in may. financial markets are pricing in a one percentage point move of rate cuts in 2024, that would get down to 4.25% from where it is now. but the governor was a lot more cautious than the markets, he says the markets have their own view and he thinks it is too early to speculate about rate cuts. clearly, he s been about rate cuts. clearly, he s been a lot more dependent on the data. i think this main takeaway is that the bank of england is being more cautious in its outlook than the fed. it cautious in its outlook than the fed. , , . fed. it is interesting that the lan . ua . e fed. it is interesting that ....

Interest-rates , Hold , Cost , Borrowing , World , Bank-of-england , Us , Decision , Federal-reserve , European-central-bank , Inflation , Inflation-outlook

Transcripts For BBCNEWS BBC 20240701



all republicans in the house voted in favour of the impeachment probe. congressman and chairman of the housejudiciary committee, jim jordan, gave this reaction to reporters afterwards. the house has now spoken and i think pretty loudly and clearly with everything republican voting in favour of moving into this official inquiry phase to do oversight. when a majority of the house goes on record in support of an official impeachment inquiry with the power that resides solely in the house of representatives, i think that sends a message. our reporter helena humphrey has been following the impeachment inquiry vote on capitol hill. i asked her what comes next. for this republican party puts them on a sure footing on how they prosecute this in sense of expanded powers to request his to me by subpoena from documents then they will have the job of documents then they will have thejob of going documents then they will have the job of going through the documents the evidence decid ....

Son , House , Home , Favour , Republican , Release , Washington , Sumi-somaskanda , President , Business-dealings , Corruption , Force

Transcripts For BBCNEWS World 20240701

federal reserve believe interest rates are at or near their peak, even going as so far to signal of three possible because next year as us inflation continues to receive from its ao year high. during his frescoes, jerome powell suggested as much. we his frescoes, jerome powell suggested as much.- suggested as much. we are seeinu suggested as much. we are seeing strong suggested as much. we are seeing strong growth - suggested as much. we are seeing strong growth that l seeing strong growth that appears to be moderated, a labour appears to be moderated, a labour market that is coming back labour market that is coming back in labour market that is coming back in the balance by so many measures back in the balance by so many measures and we are seeing inflationary progress. this is what inflationary progress. this is what we inflationary progress. this is what we have been wanting to see what we have been wanting to see. y . ., what we have been wanting to see. .., . ....

Let , Cost , Borrowing , Business-stories , Rise , Focus , Us , Hold , Way , On-wednesday , Rate , Record

Transcripts For BBCNEWS BBC 20240701



sharon barbour has been on the front line with ambulance crews. there were ambulances backed up outside, two hours in an ambulance. it s been a long night for margaret. are ambulances parked out there today. there are no beds. people on trolleys in the corridors. all today. there are no beds. people on trolleys in the corridors. trolleys in the corridors. all night with her was trolleys in the corridors. all night with her was her trolleys in the corridors. all night with her was her sister. - trolleys in the corridors. all night with her was her sister. i - trolleys in the corridors. all night with her was her sister. i didn t i with her was her sister. i didn t slee so with her was her sister. i didn t sleep so i m with her was her sister. i didn t sleep so i m very with her was her sister. i didn t sleep so i m very tired. - with her was her sister. i didn t sleep so i m very tired. rates | with her was her sister. i didn t| sleep so i m very tired. rates in ....

It , Gchq , Eastern-england , Bbc-news , Challenge , The-uk , Schoolchildren , Bowlers , Em , Tests , Mumbai , India

Transcripts For BBCNEWS BBC 20240701



a jake sullivan in if we start with the arrival of ajake sullivan in israel today, what can we expect? what is the region wants from the visits? i is the region wants from the visits? ~ ., , ., , visits? i think it wants to see a another visits? i think it wants to see a another truce visits? i think it wants to see a another truce at visits? i think it wants to see a another truce at least - a another truce at least because a ceasefire is now out of the agenda. america also does not support them. we are trying to reach a truce because it seems as if now between abidin and netanyahu because joe biden is seeing israel is losing support inaudible more than 80,000 people die so far, healed, because of the bombardment. jake sullivan is trying to get the two sides together, especially afterjoe biden that the families of american hostages, detained by hamas in gaza. there is pressure on israel to stop the discriminant barden ridge for gaza in order to open the way for n ....

Programme , White-house , National-security-adviser , Strikes , Jake-sullivan , H-israel , Vote , In-gaza , Us , Criticism , Hamas , Offensive