Year. Were going to keep working to take down corporate greed to bring those prices down further. To recap those inflation Numbers Consumer prices cooled injune, putting the 12 Month Inflation Rate at 3 percent, which is the lowest level in over 3 years. Economics professor Prachi Gupta explained what all this means for the us Federal Reserve whether they would cut Interest Rates sooner rather than later. The recent numbers are suggesting that there is a positive trend, and the inflation in us has been falling. However, the fed has been closely watching the numbers because it is still well above the target of 2 rate. And the fed has to be very sure that these trends and the downward trend in inflation is just not temporary and rather more permanent. So we need to understand that it is looking at the Supply Side constraints like you know, what are the forecasts for Commodity And Food prices . And secondly what does the Labour Market Condition in us . Because essentially, the high inflat
Speak to an economist at i N G. Good morning. The economy cannot afford to keep its increasing its deficit. How much of an impact aS Political turmoil had on the countries finances . It turmoil had on the countries finances . Finances . It is difficult to assess because finances . It is difficult to assess because things i finances . It is difficult to l assess because things are ongoing and a lot of decisions have to be taken in the coming weeks, it will be crucial, but the state of the french economy, is already not that bright for the time being. The state of the french economy is also not that bright, the situation of the finances, it was a public deficit of more than five persons, that is the Starting Point of all the political story. Starting point of all the politicalstory. I Starting Point of all the political story. I think that is why the governor continued to say we need to tackle the problem of the public deficit, and it is not the time to spend more money, that is the key
Flooding causes chaos as roads are closed and thousands are left without power. A new afghan government, composed of senior taliban figures, could be announced as early as friday. A senior leader told the bbc the government would be inclusive. But against this backdrop the economy of afghanistan is close to collapse with little immediate prospect of the new islamist rulers gaining access to the countrys foreign currency reserves held in the west. Prices of Essential Goods are soaring, the value of the currency is falling, and many public services are barely able to function. Heres our afghanistan Correspondent Secunder kermani. The taliban are in firm control of the country. This, a huge Military Parade in the southern city of kandahar, along with a captured helicopter. But the group still hasnt established a new government, leaving many afghans in a state of limbo. Now that the final foreign troops have left, an announcement is expected soon. The last time the group was in power in th
how has it been for you? @vicderbyshire on insta or twitter or email me victoria@bbc.co.uk £5,000 fines could be issued to anyone heading abroad on holiday under new coronavirus laws due come into force in england next week. a committee has found the scottish government s handling of harassment complaints against alex salmond was seriously flawed , accusing first minister nicola sturgeon of misleading their inquiry. a gunman has killed 10 people including a police officer in the us state of colorado, after an hour long stand off at a grocery market. and how you can help stop the dwindling population of hedgehogs in the uk. the uk will mark the anniversary of the first national lockdown by pausing today to remember those who have lost their lives to covid 19. 0n what s being called a day of reflection , people are being asked to observe a minute s silence at noon. this day comes as a new survey suggests covid restrictions may have had a lasting impact on the way we live. th
is in a very serious situation scotland s first minister nicola sturgeon has been accused of misleading a scottish parliament committee which was looking at the way harassment allegations against alex salmond were investigated. an exciting discovery by scientists in switzerland that could change how we view the universe and everything in it and coming up on bbc news, after a decent day for the bowlers, england now have an uphill task. india finishing on 375 5 in theirfirst 0di. good afternoon and welcome to the bbc news at one. one year since the first lockdown the queen has reflected on the grief and loss felt by so many during the pandemic. in this message attached to flowers she sent to the hospital where the duke of edinburgh was treated, she also praised the immeasurable service of those who have supported us over the last 12 months . prime minister borisjohnson has remembered the more than 126,000 people who have died during what he s called a very dark and difficul