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hovering around 2%. right now, it sits somewhere around 4%. that s certainly better than where it was last year. somewhere above 8.5%. but it is still not good enough. and it s why the fed chair jerome powell has said more interest rate hikes seem pretty likely. in may, the 12 month change in the cpi came in at 4.0% and the change in the core cpi was 5.3%. inflation has moderated somewhat since the middle of last year. nonetheless, inflation pressures continue to run high and the process of getting inflation back down to 2% has a long way to go. the theory is by making it more expensive to borrow money it should cool off the economy. and ten rate hikes later, that tactic seems to be working. of course, the danger is the us economy could fall into a recession. those hawkish comments by mr powell had certainly weighed on investor minds. the nikki index is trading flat as japanese investors look at what happened on wall street overnight aftermarket sales for a third straig ....
as you can see here, the rate of inflation in the uk has remained stubbornly high over the last few months adding pressure on the bank of england to raise interest rates again when it meets tomorrow. they re likely to be concerned that core inflation which excludes volatile food and energy prices actually rose hitting 7.1%. that s the highest rate since march 1992. bear in mind, the bank of england s target for inflation is 2% and its been falling in other countries. here s the uk finance ministerjeremy hunt. we don t have the clip at the moment. yael selfin is chief uk economist at the business consultancy kpmg and joins us from london. we heard from jeremy hunt earlier and he said it is a surprise, and it is one of their targets to get inflation down, but it is proving to be harder to do and easier to say. it is proving tricky and there are a number of reasons, one of which is we have a very tight labour market, tighter than in other economies, especially in e ....
the british prime minister called the strikes necessary and proportionate . us says houthi command and control centres, munitions depots, launching systems, production facilities and air defence radar systems were all targeted. houthi leaders said five people were killed. let s look at where this happend. houthis control large parts of yemen. last night officials said they targeted 16 sites, including in the capital city sana a. strikes response to houthi attacks on ships in the red sea. houthis say they will continue to target ships with links to israel. germany, france, denmark we ll bring you analysis on who the houthis are, why the attacks are happening now. but first, with the possible wider ramifications for the region, here s our international editor jeremy bowen. in sana a, the yemeni capital, a huge rally against the air and in support of palestinians filled the city s broadest boulevard. it was organised, the houthis do not allow unauthorised protest, but without ....
but not manchester city. not yet anyway. for this all conquering side, that have won the premier league and the fa cup, have one more game between them and a famous treble. inter await. for manager pep guardiola, this has felt like an odyssey to reaffirm his status as one of the greatest managers of all time. 12 years after his last european cup a chance to finally get that monkey off his back. it s a it sa dream. it s a dream. it s a dream to be here it s a dream. it s a dream to be here two it s a dream. it s a dream to be here. two years ago we were there but in here. two years ago we were there but in different situations because of covid 19. we are going to try to do our of covid 19. we are going to try to do our best of covid 19. we are going to try to do our best. we know it s how you behave do our best. we know it s how you behave in do our best. we know it s how you behave in that specific 95 minutes in the behave in that specific 95 minutes in the ....
invited during tips presidential run are here i have not seen this many single men since they dug up cats backyard. policy of i democrat president are biting him like in a hungry bryant skelter. on monday adams announced 50 churches or faith based space for fans of weird need legals euphemisms single, did you tell illegal ail yens each that is 50 times 19 what is that cats? i m sorry. unnecessary. really. we will have a meeting after. i think that is less then and there a thousand but last week twice this many in new york. any other bright ideas mr. mayor? do you have a vision? it is my vision to take the next step to this the faith based locals and move to. of private drentszs. there are residents who are suffering right now because of economic challenges. they have pair rooms. than i have locals and we can find a way to get overnight 30-day rule and other rules government in its accomplice you mean got that. move the migrants to homes current residents are already ....