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BBCNEWS World Business Report July 7, 2024

hello and welcome to audiences in the uk and around the world. we begin in the us where the central bank is expected to increase interest rates by another 75 basis points today which would be the fourth consecutive increase of this size. many are hoping for signs the federal reserve may soften its approach in the months ahead with markets anticipating a 0.5% rate rise in december. so what s different within the us economy that would lead the fed to change its current course? here s michelle fleury. since march the federal chair hiked the rate by three percentage points, in so doing caused more expensive loans on everything, from houses to cars and credit cards, so far they have done so without any damaging slowdown in job have done so without any damaging slowdown injob or growth wealth creation. the trouble is there is no sign of a living rolling off with consumer prices, inflation still high at over 8% and still the fed has focused on. and until it sees inflation c ....

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BBCNEWS World Business Report July 7, 2024

let s start here in the uk, where prime minister borisjohnson has won the backing of a majority of tory mps in a confidence vote despite a significant revolt against his leadership. mrjohnson won 59% of the vote, meaning he is now immune from a conservative leadership challenge for a year. in total, 211 tory mps voted they had confidence in the prime minister s leadership, while11i8 voted against him. mrjohnson described his confidence vote win as decisive . i think this is a very good result for politics in the country. i think it is a convincing result and a decisive result, and what it means is that as a government, we can move on and focus on the stuff that really matters to people. joining me now is giles coghlan, who s the chief currency analyst at hycm. has it caused concern? perhaps surprisingly. has it caused concern? perhaps surprisingly. it has it caused concern? perhaps surprisingly, it hasn t. - has it caused concern? perhaps surprisingly, it hasn t. t ....

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BBCNEWS World Business Report July 7, 2024

we start with the soaring cost of living because prices here in the uk are now rising at the fastest rate in a0 years. the annual rate of inflation hit 9% in april up from 7% in march, driven bya bigjump in energy bills. britain s finance minister, chancellor of the exchequer, rishi sunak is warning of tougher times ahead as pressure grows on him to take action. our economics editor faisal islam has more. when prices rise this fast it hits everyone, the fracture seen on every street, office and household in the country, including in lancashire. she recently ran her business, after the pandemic she finds money running out as bills get more expensive and even essential things become too expensive. essential things become too “pensive- expensive. gas and electric because i expensive. gas and electric because i got expensive. gas and electric because i got in expensive. gas and electric because i got in arrears - because i got in arrears because i got in arrear ....

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ANA (OTCMKTS:ALNPY) Sets New 12-Month Low at $3.70

Shares of ANA Holdings Inc. (OTCMKTS:ALNPY – Get Free Report) reached a new 52-week low on Thursday . The company traded as low as $3.70 and last traded at $3.75, with a volume of 916 shares. The stock had previously closed at $3.80. ANA Stock Down 1.2 % The firm has a 50 day moving […] ....

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ANA (OTCMKTS:ALNPY) Hits New 52-Week Low at $3.70

ANA Holdings Inc. (OTCMKTS:ALNPY – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $3.70 and last traded at $3.75, with a volume of 916 shares changing hands. The stock had previously closed at $3.80. ANA Stock Performance The firm has a […] ....

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