Thats slightly higher than expected and driven mainly by higher costs for gasoline and rents. In the 12 months up to february, the cpi rate increased by 3. 2 , compared to 3. 1 injanuary. The core rate, stripping out those volatile elements such as fuel and rents, fell to 3. 8 from 3. 9 injanuary, but that was still higher than the 3. 7 expected. This latest data suggests there is still some stickiness with inflation that will be scrutinised by the Federal Reserve as it weighs up a highly anticipated Interest Rate cut injune. Lets head over to new york and speak to our north America Business correspondent michelle fleury. As far as the fed is concerned, it is about how they respond to this number. It is not going in the direction they wanted it to. The tricky word direction they wanted it to. The tricky word that direction they wanted it to. Tue tricky word that you direction they wanted it to. Tte tricky word that you were stumbling over, sticky, and a lot of this is to do with housin
Orface removal from us app stores. Ahead of a house vote on the bill on wednesday, lawmakers received a classified briefing from intelligence officials on the administrations worries about the video app and how it could potentially use data it collects from americans. Democrats said the stakes couldnt be higher. My concerns are they will try to influence the election and elect donald tiktok trump. President ial hopeful donald trump. Among those opposing the ban, president ial hopeful donald trump. Still, republicans backing the bill largely dismissed concerns about trumps backlash weighing the party from getting the legislation done. Trumps comments actually, you can square them with what the bill does, to put differently, to put a finer point on it, the bill doesnt shut down tiktok and force all of tiktok s users onto facebook. What we are after is a separation from tiktok from its Parent Company, bytedance, and by extension, the ccp, and in that world, tiktok users can continue to u
If successful, new legislation would force tiktok s chinese owner, bytedance, to find a new non chinese owner or face removal from us app stores. Ahead of a house vote on the bill on wednesday, lawmakers received a classified briefing from intelligence officials on the administrations worries about the video app and how it could potentially use data it collects from americans. Democrats said the stakes couldnt be higher. My concerns is they will try to influence the election and elect donald tiktok trump. Among those opposing the ban, president ial hopeful donald trump. Still, republicans backing the bill largely dismissed concerns about trumps backlash weighing the party from getting the legislation done. Trumps comments actually, you can square them with what the bill does, to put differently, to put a finer point on it, the bill doesnt shutdown tiktok and force all of tiktok s users onto facebook. What we are after is a separation from tiktok from its Parent Company, bytedance, and