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leave interest rates unchanged in june. leave interest rates unchanged injune. charles lieberman, who has worked at the new york fed and is now chief investment officer and advises capitol management explained the rationale. rationale. the fed has tightened rationale. the fed has tightened monetary i rationale. the fed has - tightened monetary policy quite dramatically quite quickly, basically a phase with five percentage point increase in a little more than a year. and thatis little more than a year. and that is huge. historically it is an enormous increase. and i think there is a loss of there is one view that the feds should wait to see the impact of what they ve done. any should wait to see the impact of what they ve done. any break ma be of what they ve done. any break may be short of what they ve done. any break may be short lived. of what they ve done. any break may be short lived. us - may be short lived. us inflation are still running well above the ....
welcome to the programme. plenty of elections around the world this year. now know a bit more about what could be happening here in the uk. rishi sunak says the general election is likely to happen in the second half of this year . he didn t rule out it happening earlier but says his working assumption is later this year. take a listen. so, look, my working assumption is we ll have a general election in the second half of this year, and in the meantime, i ve got lots that i want to get on with. that means cutting people s taxes this saturday. that s a tax cut worth £450 for the average person in work. we can do that because we d halved inflation. i want to keep going, managing the economy well and cutting people s taxes, but i also want to keep attacking illegal migration. last year, we got the numbers down by a third, and now we need to get our rwanda schema through parliament, up and running, so we have a full deterrent. and that s how we are really going to solve ....
fa cup. city fans have become no stranger to this kind of parade, having one just a month ago, but the champions league is the trophy they have been craving above all others. it should be a special day for theirfans. they are the first english team to win the big treble since their rivals manchester united in 1999. questions still relate to more than hundred charges against manchester city. city dispute them and want the judges dealt with as soon as possible. judges dealt with as soon as ossible. , . , , judges dealt with as soon as ossible. , . . . , possible. there is always criticism when ou possible. there is always criticism when you spend possible. there is always criticism when you spend so possible. there is always criticism when you spend so much - possible. there is always criticism when you spend so much money. | possible. there is always criticism i when you spend so much money. we have just seen what chelsea did. there is a bit ofjealousy at times from ....
hello. if you justjoined us, i m sally bundock. we will now talk through the top stories. if this is your first day back at work after a long christmas break we will bring you up to speed. and we start in the middle east, where the threat of military escalation continues to hang over the red sea. the us, britain, and their allies in the region are on alert to see if their warnings to the iran backed houthis are now working. attacks on commercial vessels have been happening since the war between israel and gaza began. houthis who are behind the attacks say it s in support of hamas and has turned a vital global trade route, that handles about 12% of the world s commerce, into a risky maritime passage. the uk defence secretary, grant shapps, said britain would not hesitate to take what he called direct action . meanwhile, bloomberg reports iran dispatched a warship to the red sea after the us navy destroyed three houthi boats. joining me now is janet mui, head of market ana ....
hello, i m sally bundock, here with your top business stories. let s start with oil, because crude prices have risen some 2% after saudi arabia and opec plus countries announced they would be cutting production to stabilise oil prices. saudi arabia said it would make cuts of one million barrels per day injuly, which is around 1% of global supplies. opec plus countries which account for around a0 % of the world s crude oil said they would cut production by some 1.4 million barrels per day from the start of next year. but not all members of the cartel were happy, with nigeria and angola both wanting to raise production rather than cut it. joining me now from vienna is cornelia meyer, who s the ceo of meyer resources. always lovely to see you. talk to us about these announcements. were you expecting these new cuts to come? i expecting these new cuts to come? . , , . ., come? i was expecting them and ou come? i was expecting them and you know. come? i was expecting them and ....