you re watching bbc news, broadcasting to viewers in the uk and around the world. we begin in the middle east and the us secretary of state has said that american and other mediators will work over the coming days to see if they can reach an agreement for a ceasefire in gaza. the us has come up with a plan, but there s a blame game about why it hasn t been accepted. speaking in qatar on his latest trip to the region antony blinken said that israel had agreed to the deal, but hamas had proposed a number of changes, some of which he described as unworkable. but a senior hamas official has denied this, saying they did not put forward new demands, and are still committed to the proposal. hamas claims israel has rejected the deal and argues america is covering up for its ally. israel has not commented. let s take a look at the plan, which involves three phases. the first would see an initial six week ceasefire, when hamas would release some of the hostages including women, t
these are two big deal events. we ve only seen them happen on the same day at seven times in the same day at seven times in the last decade. to start, the consumer price index. that s the key inflation gauge that helps good news wednesday morning for american consumers and the fed. it should inflation calling site in may after she particularly hot rebels in the first few months of the year. at 3.3% the yearly price increase was slower than expected and slowly increase we saw in april. the data actually showed no change month to month between april and may. and the core inflation rate which excludes volatile food and energy prices called as well. that s the kind of news federal reserve officials are looking for. but it was enough to warrant an interest rate cut. here is federal reserve chair jerome powell. we see today s report as progress and is building confidence but we don t see ourselves as having the confidence that would warrant beginning to loosen policy this time. the