about credit conditions. major us stock indexes fell more than 1% each on tuesday. shares in several regional banks in the us have dropped sharply, as investors fear the banking crisis is not over. another area of concern is the labour market, which, while still strong, is showing signs of cooling. so what will america s central bank do and say? the bbc s michelle fleury reports from westchester, new york. losing momentum after nine rate hikes in the past year. the federal reserve s efforts to cool the us economy are having an effect. this is a chain that you ll see on like roller shades and vertical blinds. something bill, who runs a family owned manufacturing business in westchester, new york, is seeing first hand. right now, we re expecting some softness in the marketplace for probably six months or so. we re seeing a lot of softness in the marketplace as far as demand, the commitment in terms of like long term blanket orders with customers. we re not seeing that either right now. s
about credit conditions. major us stock indexes fell more than 1% each on tuesday. shares in several regional banks in the us have dropped sharply, as investors fear the banking crisis is not over. another area of concern is the labour market, which, while still strong, is showing signs of cooling. so what will america s central bank do and say? the bbc s michelle fleury reports from westchester, new york. losing momentum after nine rate hikes in the past year. the federal reserve s efforts to cool the us economy are having an effect. this is a chain that you ll see on like roller shades and vertical blinds. something bill, who runs a family owned manufacturing business in westchester, new york, is seeing first hand. right now, we re expecting some softness in the marketplace for probably six months or so. we re seeing a lot of softness in the marketplace as far as demand, the commitment in terms of like long term blanket orders with customers. we re not seeing that either right now. s
hello i m sally bundock with the top business stories. let s start with the us central bank, because everybody is asking will the federal reserve raise rates one more time? or will it take a break? as the fed wraps up its may meeting inflation isn t the only worry, the turbulence at first republic has revived fears about credit conditions. another area of concern is the labour market, which is showing signs of cooling. interest rates currently stand at li point 75%, so what will america s central bank do and say? michelle fleury reports from westchester, new york. losing momentum, and nine rate hikes in the past year the federal reserve does make efforts to cool the economy are having an effect. having an effect. this is a chain you having an effect. this is a chain you would - having an effect. this is a chain you would see - having an effect. this is a chain you would see on i having an effect. this is a - chain you would see on roller shades and for lines.- shades and for lines.
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