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BBCNEWS World July 3, 2024

From new york, heres the bbc s north America Business correspondent, michelle fleury. Stubborn inflation pushes back the timing of the first rate cut. The Us Federal Reserve voted to keep its Benchmark Lending Rate at a 23 year high on wednesday. Officials have said they want more certainty that inflation is under control before they Lower Borrowing costs. They do not have that yet. Here is chair, jerome powell, during his press conference. The economy has made considerable progress towards our dual mandate objectives. Inflation has eased substantially over the past year, while the Labour Market has remained strong. And that is very good news. But inflation is still too high, further progress in b ....

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Why one of Wall Street's most reliable recession indicators may have misfired

A recession hasn’t followed last year’s inversion of the yield curve. The economy may not be out of the woods. ....

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Stock Picks For 2024 | Kiplinger

Investors seeking out the best stocks picks for 2024 may want to focus on these four areas of the market. ....

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BRICS Bank will complement, not challenge, IMF and World Bank – expert

Officials from BRICS and the New Development Bank will soon participate at G20 and IMF meetings, a BRICS expert claims. ....

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GDP bonanza: U.S. economy may have grown 5% in the third quarter

The U.S. economy has not only defied widespread predictions of a sharp slowdown. It's grown even faster. ....

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