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after aggressively raising interest rates for the last year and a half, the federal reserve believes it s in a place where it can leave rates, where they are to cool the economy and to slow inflation from its current 3.7% on a yearly basis to closer to 2%. but even though america s central bank opted not to hike right now, fed chairjerome powell suggested officials are prepared to do more if inflation flares again. the idea that you wouldn t would difficult to to raise again after stopping for a meeting or two is just not right. i mean, the committee will always do what what it thinks is appropriate at the time. right now, things look good, even though it s pricey for americans to get a mortgage or carry credit card debt. growth was stronger than expected over the summer. the world s largest economy is still adding jobs on a monthly basis. and the government s latestjobs report is due out this friday. fed staff also don t see a recession, so they don t want to rock the ....
place it can leave rates where they are, to cool the economy and slow inflation from its current 3.7%, to closer to 2%. even though america s central bank opted not to hike right now, fed chairjerome powell suggests they are prepared to do more. , do more. the committee will alwa s do more. the committee will always do do more. the committee will always do what do more. the committee will always do what it do more. the committee will always do what it thinks - do more. the committee will always do what it thinks is i always do what it thinks is appropriate at the time. right now, appropriate at the time. right now. things appropriate at the time. right now, things look appropriate at the time. right now, things look good. - appropriate at the time. right now, things look good. even i now, things look good. even though it s pricey for americans to get a mortgage or carry credit card debt, growth was stronger than expected over the summer, the world s largest e ....
see, raising interest rates is the fed s best tool to combat persistently high inflation, which consumers have seen reflected in higher prices for nearly everything. and while inflation has fallen by half from itsjune 2022 high of 7%, it s still higher than the fed s target of 2%. earlier this year, federal reserve policymakers hinted that they may hike interest rates once more before the year is out. they ll have a chance this week, or at their last meeting in december, or they could not do it at all. investors and economists are predicting that policymakers will skip a rate hike this week and, instead, hold rates steady, giving everything more time to work its way through the economy. we ll know the fed s next step on wednesday. one of the many things that have become more expensive for consumers is energy. oil prices have swung wildly over the last few years, due to the pandemic and the war in eastern europe. at one point, after russia invaded ukraine, prices rose to ....
personally, i think they should be building statues to him, not sacking. malaysian authorities say the half brother of north korea s leader was killed by a vx nerve agent which is classified as a weapon of mass destruction. and wanted, a squirrel patrol to help protect the native red squirrel from disappearing from the uk. good afternoon and welcome to bbc news. it was by any standards a very good result for the conservatives causing a major electoral upset by winning the long held labour seat of copeland in cumbria. their candidate beat labour by more than 2000 votes. it s the first time a governing party has gained a seat at a by election since 1982. in the night s other by election labour held stoke on trent central holding off the challenge of the ukip leader paul nuttall. the labour leaderjeremy corbyn says the party s win in stoke was a decisive rejection of ukip‘s politics of division . but he says their message was not enough to win through in copela ....
returns home after being escorted from the presidential palace. also in the next hour a shock defeat for andy murray at indian wells. a sluggish performance saw him soundly beaten in straight sets by world number 129 vasek pospisil. in halfan in half an hour s time, dateline asks, how much of anything , if anything, should britain paid to leave the? pay to leave me do. but the european union. good morning and welcome to bbc news. the brexit secretary, david davis, is warning mps not to try to change the bill which will allow the government to start the formal brexit process. attaching conditions to the bill, he says, would undermine the prime minister s negotiating stance. with me is our political correspondent, susana mendonca. what has everybody been saying? we have had this report from the foreign affairs select committee, saying if the government did. they saying if the government did. they say there is a realistic plot that they could do a deal if they we ....