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use the euro currency. next week, it s the turn of the bank of england with another rise widely expected. but with inflation starting to ease, are we finally seeing the peak in the cost of borrowing? and when can we expect rates to start coming down again? let s hear first from michelle fleury in new york. the federal reserve has moved with unprecedented speed to get inflation under control. since march of last year, it has raised its benchmark rate by 5.25 percentage points. its latest move is likely to push up the cost of borrowing for american businesses and consumers even further. with inflation showing prices rising more slowly than a year ago, the key question at the press conference was whether this rate increase was the last or would it hike again later this year? fed chairjerome powell wouldn t be drawn. i would say it is certainly possible that we would raise funds again at the september meeting if the data warranted it. and i would also say it is possible tha ....
good morning. we could well see some rain interruption at the oval, especially this afternoon. most of us are starting with a cloudy, damp start to the day, the rain persisting across northern scotland and the english channel, but in between it should brighten up with some sunny spells and showers. all the details later in the programme. good morning. it s thursday 27th july. our top story. injust under an hour, two major energy companies will be announcing their latest profits shell and centrica, which owns british gas. it comes as people struggle with high household energy bills. hannah miller reports. injanuary, i paid £341 for gas. and if you go to electricity, that s11i5. i mean, that s almost £600 on your fuel bill injanuary. yeah. over the past two years, haj has seen her monthly energy bill go up dramatically. when i first had my old company before british gas came in, i was paying something £128 a month. then that went up to £250 a month. and then when the hike ....
Continue to struggle with bills. and with those bills expected to stay high for the foreseeable future, there ll be plenty of scruitny when those profits are announced at seven o clock. i ll be breaking down the numbers. # nothing compares. tributes from around the world to singer songwriter sinead o connor, who s died at the age of 56. her family say they re devastated. calls for tighter rules on the sales of batteries for e bikes and e scooters after a series of deadly fires that have ripped through homes. they can t win the ashes, but can england finish the series on a high? the fifth test against australia begins at the oval today with ben stokes side hoping to draw level. ....
Shell and british gas, are expected to report bumper profits this morning as households continue to struggle with bills. and with those bills expected to stay high for the foreseeable future, there ll be plenty of scruitny when those profits are announced at seven o clock. i ll be breaking down the numbers. # nothing compares. tributes from around the world to singer songwriter sinead o connor, who s died at the age of 56. her family say they re devastated. calls for tighter rules on the sales of batteries for e bikes and e scooters after a series of deadly fires that have ripped through homes. they can t win the ashes, but can england finish the series on a high? the fifth test against australia begins at the oval today with ben stokes side hoping to draw level. ....