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BBCNEWS Asia Business Report June 4, 2024 00:36:00

Recession would be helpful in bringing inflation back down to target. at the fed is trying to engineer. not a recession per se but trying to slow the economy down in order to weaken demand which is what they can do using monetary policy and get inflation back under control. the problem is inflation is a lagging variable so first we will have to see some weakness in the economy, then in our view by the end of this year we will hopefully be in the low three region on inflation and the end of next year we could get back to target. i year we could get back to taruet. ., ., ., . target. i want to turn to india for ou target. i want to turn to india for you new target. i want to turn to india for you now because - target. i want to turn to india for you now because it s - for you now because it s smartphone market has recorded its sharpest ever first quarter decline with shipments to the country falling by 19%. the bbc s reporter has more on why this is happening. this bbc s reporter has m ....

Monetary Policy , Smartphone Market , Agency Counterpoint Market Monitor Service ,

BBCNEWS Asia Business Report June 4, 2024 23:36:00

Coming to an end? yes, i recession coming to an end? yes, i recession would - coming to an end? yes, i recession would be - coming to an end? yes, i l recession would be helpful coming to an end? yes, i - recession would be helpful in bringing inflation back down to target. that s essentially what the fed has tried to engineer, not the recession per se, but they tried to slow the economy down in order to weaken demand, which is what they can do and get inflation back under control. the problem is that inflation has a lagging variable, so first we will have to cease some weakness in the economy, then in our view, by the end of this year, we will be hopefully in the low threes, and by the end of next year, we could get back to target. speaking to me earlier about the outlook for the us economy. let s turn to india because its smartphone market has recorded its sharpest ever first quarter decline with shipments to the country falling by 19%. the bbc s arunoday mukharji has more details ....

The End , Us Federal Reserve , I Recession , Smartphone Market , Global Agency Counterpoints , Arunoday Mukharji ,

MSNBC Chris Jansing Reports June 4, 2024 18:15:00

Bernie sanders, elizabeth warren primary voters said they would sure vote for joe biden in a general election against donald trump. the realities of a primary battle may lead to another donald trump/joe biden matchup, the extent of the age for both men, does that become an increasing variable of concern that is the question we ll be following here in these months ahead, chris. vaughn hillyard, thank you for that in staten island the new polls today pointing to a biden/trump rematch in 2024 rem remind us that the conventional wisdom and sources tell us president biden would be very happy with that. he and his team think former president trump is beatable in a general election but if that s what they want, who and what do they fear? joining me now former white house communications director, jennifer palmieri, and former ohio republican governor john kasich, both are msnbc political analysts when i hear that guy governor talking about how old the candidates are, it makes you and i look ....

Joe Biden , Donald Trump , Joe Biden Matchup , Elizabeth Warren , Bernie Sanders , Chris Christie , Vaughn Hillyard , Staten Island , U S , President Trump , White House Communications Director , John Kasich , Jennifer Palmieri ,