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 reach a
zuckerberg, insisted they were investing billions in safety and trust. here s our technology editor, zoe kleinman. today s vast social media empires are managed by a handful of big names meta, snap, tiktok, discord and x. their bosses faced angry lawmakers in washington for a tense grilling about why children continue to be exposed to harm on their platforms. as a mother, this is personal and i share the sense of urgency. words cannot begin to express the profound sorrow i feel that a service we designed to bring people happiness and joy has been abused to cause harm. it may have been heartfelt, but the senators weren t buying it. mr zuckerberg, you and i the companies before us, i know you don t mean it to be so, but you have blood on your hands. mark zuckerberg from meta, which owns facebook and instagram, came under the heaviest fire. these results may contain images of child sexual abuse, and then you gave users two choices get resources, or see results anyway. mr z
thanks, stephen. good to be on with you. it s great to have you on the show. senator, would you agree that, day by day, the israel hamas war is becoming more of a headache for presidentjoe biden? i think this is the most consequential period in modern israeli history, and i think president biden did exactly the right thing in engaging directly, immediately, flying over to israel, deploying two aircraft carrier groups. but it is becoming a real challenge for us, domestically and internationally. his commitment to israel, their right to self defence, their ability to carry out a difficult and intense campaign against hamas is unwavering. but he is also privately engaging with israeli leaders and pressing for more humanitarian relief, for a clear plan for what comes after in gaza and the region, and for a more targeted campaign. unwavering, you say, and yet the outside world sees a biden message which is changing. in the early days it was all, we have got your back, israel . i
welcome to hardtalk. thanks, stephen. good to be on with you. it s great to have you on the show. senator, would you agree that, day by day, the israel hamas war is becoming more of a headache for presidentjoe biden? i think this is the most consequential period in modern israeli history, and i think president biden did exactly the right thing in engaging directly, immediately, flying over to israel, deploying two aircraft carrier groups. but it is becoming a real challenge for us, domestically and internationally. his commitment to israel, their right to self defence, their ability to carry out a difficult and intense campaign against hamas is unwavering. but he is also privately engaging with israeli leaders and pressing for more humanitarian relief, for a clear plan for what comes after in gaza and the region, and for a more targeted campaign. unwavering, you say, and yet the outside world sees a biden message which is changing. in the early days it was all, we have got y
welcome to hardtalk. thanks, stephen. good to be on with you. it s great to have you on the show. senator, would you agree that, day by day, the israel hamas war is becoming more of a headache for presidentjoe biden? i think this is the most consequential period in modern israeli history, and i think president biden did exactly the right thing in engaging directly, immediately, flying over to israel, deploying two aircraft carrier groups. but it is becoming a real challenge for us domestically and internationally. his commitment to israel, their right to self defence, their ability to carry out a difficult and intense campaign against hamas is unwavering. but he is also privately engaging with israeli leaders and pressing for more humanitarian relief, for a clear plan for what comes after in gaza and the region, and for a more targeted campaign. unwavering, you say. and yet the outside world sees a biden message which is changing. in the early days it was all, we have got yo