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more than 9% injune of last year. it is a sign of the federal reserve s moves to raise interest rates to slow down inflation seems to be working. but analysts still think america central bank will raise interest rates one more time at their next meeting. it is good news for consumers but also good news for us president joe biden who counted the administration s efforts to bring prices down. he is facing re election next year and being able to control inflation without pushing the repeat into recession, it will be key in montana for years at the white house. the chief economist says he is wondering whether this is a turning point. other central banks around what asking themselves, has the us peak? we are, consumers can get the stuff they want to buy. one of the things they are concerned with is even that he had numbers is down to 3%, waved down from nine, the core inflation excluding the food and energy components are still pretty high, nowhere near the 2% target. i t ....
high inflation continues to plague countries around the world. central bankers are trying slow down the price increases. asa as a result, we have some of the weakest growth projections by the international monetary fund since the 1990s. international monetary fund since the 19905. with the international monetary fund since the 1990s. with the world s finance ministers and central bankers meeting in washington this week, the increasingly fragile global economy will certainly be the focus, along with ways for countries to try and mitigate some of the negative impacts of those interest rate rises. the high inflation, however, is already having an impact on poorer countries, pushing them further into financial distress. given the uncertain global economic outlook, the imf believes many more countries will be looking to the imf for help. earlier, i spoke tojohn lipski, chair of the national bureau of economic research, also in washington for those meetings. he told the cost ....
this summer s euros? now to decide who will be on that plane to germany. we have a band of rain sweeping southwards through today. behind it, blustery and heavy showers and some cooler conditions to follow. all the details later. it s tuesday, 4thjune. our main story. rishi sunak and sir keir starmer will go head to head during their first televised debate of the general election campaign tonight. the two leaders are taking part in an hour long programme on itv, debating some of the key issues facing the uk and their plans to address them in front of a live studio audience. with more, here s our political correspondent iain watson. this is where it all began. the first televised election debate was back in 2010. and no, you re not miscounting. the leaders of three political parties were on stage labour, the conservatives and nick clegg of the liberal democrats. some felt this gave the third party too much publicity. see, i agree with nick. last time round, it was a head to ....
Then that s great. i m delighted to say we will be hearing from andrew in a moment. let s have a look at the economic and cultural impact of the or unlivable. claire has been involved in the cultural side and that is looking at the economics. can we put a figure on how much the tour will boost liverpool s economy? conservative estimate would be 20 million pounds. here they are looking at £12 million here, so it could be 20 to £40 million directly into the visitor experience economy into the visitor experience economy in the night time economy. who in the night-time economy. who benefits from in the night-time economy. who benefits from that? in the night-time economy. who benefits from that? the - in the night-time economy. who - benefits from that? the businesses, but all the employees benefits from that? the businesses, but all the employees of benefits from that? the businesses, but all the employees of the - but all the employees of the businesses, there is a huge ripple e ....
Will? certainly china - china, we are optimistic that the will? certainly china - china, we are optimistic that the growth i are optimistic that the growth forecasts of 5.5% this year is reasonably achievable, partly because of the economic reopening story which, as everyone knows, is earlier than expected. so we do expect this huge draw down of excess savings resulting in pent up demand and spending that will really drive forward the growth in china for this year. and of course. the forward the growth in china for this year. and of course. . . year. and of course. the chinese economy also year. and of course. the chinese economy also depends year. and of course. the chinese economy also depends on, - year. and of course. the chinese economy also depends on, you - economy also depends on, you know, strong exports to the rest of the world, right? and if we ve got a situation where global growth is slowing, how much are you seeing that impact outlook for china and, subsequently, t ....