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the first time it has opted against a rise in more than a year. fed chairmanjerome powell said the bank was still waiting for evidence that inflation was slowing decisively. so what might be in store? to talk through what s at stake i m joined by francis 0h, asia pacific chief executive at qraft technologies. a warm welcome to the programme. argue with the economists, the bookies that predict that inflation will actually be coming down to around 3%? actually be coming down to around 396? actually be coming down to around 396? ., ~ , ., ., ., around 396? thank you for having me, es, this is interesting because it would take a long time to see the 3% level could be achieved. we are still waiting and see for extra detail but right now the call of economists is about 3.1% of cpi data thisjune, which is also substantially different from the previous three months in may and i think the query strategy is that the cooling down of the cpi, and the fed looks like it will be chan ....
The fed and their trajectory for two major reasons, firstly the court cpe and we have to see the pc number to come down with the cpi and at the same time either at 3.1% of the 4.5% before pc is still lower than 2%, below targeting inflation rates but my personal opinion is how the market will be reacting is that the cpi and pci will come down and the cooling down of cpi will definitely be a positive driver for the market we we re seeing that right now and remember a wee year ago cpi was 9% a year ago we saw the cpi at 9%. ....
3.1% of cpi data thisjune, which is also substantially different from the previous three months in may and i think the query strategy is that the cooling down of the cpi, and the fed looks like it will be changing trajectory because it has been very hawkish and it will be in to see that. the last result will be in to see that. the last result and will be in to see that. the last result and minutes i will be in to see that. the last result and minutes of the last result and minutes of the last meeting gave us the impression that actually in the next week or so when they meet again, they could increase interest rates again and as you said again that was a real concern for markets. today s numbers have come in at 3.1% as most believe, will that tell the fed to keep rates on hold? in my opinion, even if we are seeing the 3.1% may be thejune cpi is maybe not sufficient enough to change the minds of ....
And, life in plastic it s fantastic! the barbie movie premieres today but why is hollywood betting big on movies based on toys? we start in the us where in a few hours time we will get the latest indication of how much prices have been rising by. markets around the world are poised for the latest us cpi inflation figure forjune. in the 12 months to may, prices for eggs, petrol and furniture dropped in the us, helping to slash inflation to 4%, that s less than half of its peak a year ago. last month, the federal reserve said it would hold interest rates steady ....
It isjust a year ago we saw the cpi at 9%. it is just a matter of time before it cools. it is just a matter of time before it cools. we will see ou before it cools. we will see you later before it cools. we will see you later when before it cools. we will see you later when these - before it cools. we will see i you later when these numbers are released. thank you for your thoughts on that. here in the uk, the bank of england is set to release its financial stability report which will set out the bank s view on the stability of the uk financial system and what it is doing to remove or reduce any risks to it. the bank has raised interest rates 13 times in a row in an attempt to reduce the stubbornly high rate of inflation here, which currently stands at 8.7%, well above the bank s target of 2%. let s get more on this with independent financial commentator and author chris skinner. good morning. is it fair to assume that in this stability report there will not be anything scary, any ....