first thing i would say is the federal reserve uses the l say is the federal reserve uses the personal its target measure, not the consumer price index, the cpi that you talked about previously, and they look at it, inks excluding food. that measure has continued to move down within less and a percentage point of their 2% target, so yes, it has been disappointing the last couple of months and frankly inflation has been disappointing across the world for well over two or three years, so yes, inflation is a big concern. in the united states we have also seen in the past two months and pretty disappointing numbers in retail sales, so again, this is a conflict thatis sales, so again, this is a conflict that is going on across the globe in terms of inflation is still high and yet things are slowing down in the economy and some countries in europe, we are talking about in a recession orflirting europe, we are talking about in a recession or flirting with one at this make the jobs of all central banks very difficult. the timing of the cuts will likely differ because under the hood, with infla

aladin routes funds for the us federal reserve, hundreds of banks and thousands of traders and executes trades every single day. the supercomputer absorbs terabytes of data from each market, calculates all possible scenarios and gains access to private information. confidential information, but what is known about the founder , lawrence fink, in 1986, as an investor, he lost $100 million by making a number of dubious transactions, but did not lose his head with a fellow student and founded black rock. the finest hour was the 2008 crisis. black rock played a major role in the development of the mortgage bubble that led to the collapse. the fund was one of the largest buyers of mortgage-backed securities issued under. risky conditions. black rock also lobbied hard for policies that would promote the growth of this market. after the crisis, black rock played an important role in overcoming it. the fund was one of the largest investors in bailout programs for financial institutions launched by the us and other governments. some critics argue that the fund was one of the main culprits of the

i've been speaking to the former us federal reserve economist claudia sahm and i asked her if we wereto the widely held view that the us central bank will cut interest rates three times this year. that's absolutely in play and again, as you said, it is the guidance the federal reserve are giving about what they are likely to do or what individual members of them think we are likely to do and yet the federal funds rate is not changing today. the borrowing rate for consumers and businesses absolutely could change today, if we have just two of the participants move their... "i think it would be appropriate to have two "cuts, as opposed to three..." rates are going up today for people and even if the fed stays pat, it is a very unfortunate circumstance because for a lot of reasons we shouldn't be looking at the dot... to decide whether people have enough to pay for their mortgage, yet that is the reality. yes, and all that is driven by prices continuing to rise, of course, and that inflation is proving to be pretty sticky, that inflation that many central banks around the world are findin

federal reserve system, that is, this company became, so to speak, a manager of money, and just liket, because of some personal... talents of fink, this would never did not happen, it was a decision made by some families of the american elite, who decided that the time had come to take everything under control, that is, since 2008, when the debt of the american government was rapidly growing, the balance of the us federal reserve system was deteriorating, who fink is responsible for this whole operation, for this whole process, and he doesn’t take risks, he works very, very conservatively, very carefully, they have a well-thought-out system, they... swallow whole nations, whole countries, and he’s more than the president of the united states , if we judge this way, because such a mass of money is at his disposal, not to mention the fact that the black rock company controlled almost 8.6 trillion dollars a year ago, now it’s probably more, there’s just no data yet, but this grandiose sums, maybe your words are really true, because he constantly flashes with very interesting leaders, no

it's no use the us federal reserve has decided to keep interest rates on change at $28.00 at a 23 year high, a 5.25 percent shannon jerome pals had inflation is still too high, but signaled the central bank would cut rates 3 times later in the yet high boring costs are designed to scale economic activity to ease inflation. william lee is a chief economist with the milk and institute sink tank. he drill down the numbers for us. overall economy is that is doing quite well, but it's that distributional impact is where the concern is. one of the things to keep in mind is that the overall and if you don't have your role economy, the interest burden represented by credit cards is only about 10 percent of the people's income. it was much higher back in the great financial crisis of closer to 1314 percent of your income. so the burden is fine in aggregate. but when you look at, we are really affecting people, the most is at the lower end and people are becoming more more discontent because at the low rent they feel that their wages and like keeping up with prices, the whigs like keep you up wi

because as you mentioned, the us federal reserve is poised to cut interest rates in the coming monthswhen does that happen? it is not likely next week but it is possible that come the may meeting of the start of may or mid june the fed may decide to start its interest rate cutting cycle. at the same time if inflation is not humming down inflation is not humming down in line with what they are anticipating, if it is looking like it will take some time to get down to target, the fed will then doorway the rate cuts. —— delay. they will have brought into caches for other economies such as emerging market economies.— economies such as emerging market economies. many people watchin: market economies. many people watching all— market economies. many people watching all around _ market economies. many people watching all around the - market economies. many people watching all around the world . watching all around the world and remind us how effects of commerce and why they're watching so closely? because for many central _ watching so closely? because for many central banks, - watching so cl

this comes after the us federal reserve eased investor jitters by keeping interest rates unchanged.sia business report. thanks for watching. bye for now. hey, i'mjulia with the catch up. tonight, a royal privacy breach, mental health in football, and an eco warrior dog. we'll start with the hospital where the princess of wales had surgery in january. they've said any breach of her privacy would be investigated. that's after the daily mirror reported that at least one hospital worker tried to access her medical records without permission. she spent almost two weeks at the london clinic and has stepped back from the public eye while she's recovering, but her absence has led to loads of conspiracy theories and speculation online, which has only got worse since the princess apologised for editing a mother's day photo of her and her three kids. richarlison, the tottenham forward, has opened up about seeking psychological help. the brazilian footballer said he was at rock bottom, but therapy helped him to turn things around. he said he asked for help in september, after he was pictured in

this comes after the us federal reserve eased investorjitters by keeping interest rates unchanged.d expectations that borrowing costs could be cut as many as three times this year. hong kong's hang seng index is also making gains, on optimism after the fed meeting. we'll be keeping an eye on how markets are moving in asia in the coming hours. and that's it for this edition of asia business report. thanks for watching. hey, i'mjulia with the catch up. tonight, a royal privacy breach, mental health in football, and an eco warrior dog. we'll start with the hospital where the princess of wales had surgery in january. they've said any breach of her privacy would be investigated. that's after the daily mirror reported that at least one hospital worker tried to access her medical records without permission. she spent almost two weeks at the london clinic and has stepped back from the public eye while she's recovering, but her absence has led to loads of conspiracy theories and speculation online, which has only got worse since the princess apologised for editing a mother's day photo of he

us federal reserve chairman jerome powell says he�*s in no rush to cut interest rates until the dataeserve chairman jerome powell began two days of testimony on capitol hill. he�*s presenting the central bank�*s semiannual monetary policy report, with lawmakers eagle—eyed for clues about interest rates. 0ur north america business correspondent erin delmore has the details from new york. fed chairjerome powell sat firmly in the spotlight on capitol hill on wednesday previewing what is to come in the year ahead as fed officials contemplate when to cut interest rates and by how much. we believe that our policy rate is likely at its peak for this cycle. if the economy evolves broadly as expected, it will likely be appropriate to begin dialling back policy restraint at some point this year. powell appeared before the house financial services committee, the first stop on his two day tour of capitol hill and he pointed to considerable progress on the economy and said that while inflation remains above the fed�*s 2% target, it has been easing without significantly increasing unemployment. bu

we begin in the us, where federal reserve chairman jerome powell began two days of testimony on capitolrica business correspondent erin delmore has the details from new york. fed chairjay powell sat firmly in the spotlight on capitol hill on wednesday previewing what is to come in the year ahead as fed officials contemplate when to cut interest rates and by how much. we believe that our policy rate is likely at its peak for this cycle. if the economy evolves broadly as expected, it will likely be appropriate to begin dialling back policy restraint at some point this year. powell a- eared at some point this year. powell appeared before _ at some point this year. powell appeared before the _ at some point this year. powell appeared before the house i appeared before the house financial services committee, the first stop on his two day tour of capitol hill and he pointed to considerable progress on the economy and said that while inflation remains above the fed's 2% target, it has been easing without significantly increasing unemployment. but while rate cuts are likely this year, he said t

federal reserve will not soon begin to reduce the key rate.ors took a closer look at the inflation statistics and decided that they weren’t that bad, and the fed agreed with them. may cut the rate as early as june. the russian stock market was in a slight positive in the first half of the day today, but now the index is already you can’t say that oil is rising in price by a dollar right now. today investors are waiting for statistics on russian inflation in february. the ruble, after yesterday’s strong fall , is trying to rise in price, the dollar is 91.59, the euro is still above 100. they want to protect the russians from the so-called debtors. this. companies that help russians write off debts or declare bankruptcy, as rbc writes, measures are now being discussed by banks, the central bank and the prosecutor general's office, one option is to ban advertising of such services. the central bank clarifies that now the provision of legal services are not regulated by special legislation and therefore companies appear that offer deliberately fal

the reason, according to bloomberg, was speculation about an imminent rate cut by the us federal reserve to 4.5%. as previously reported by ash. gold has become one of russia's tools against western sanctions. the country was able to tie the ruble to the precious metal and thus protect the economy from transactions with dollars. europe increased by 66% purchases of russian aluminum. in january, the volume of imports exceeded 26.00 tons. this is eurostat data. the excitement is associated with the risk of new sanctions. local traders fear a ban on the supply of this metal. spain increased its imports the most. brazil, india and the usa became the largest buyers of russian fertilizers at the end of the year. 18.5 million tons were supplied to these countries, 60% of the total export volume from russia, rianovosti reports. also in the top five are indonesia and china. in total, russian products were purchased by 72 states. the total volume exceeded 32 million tons, which in monetary terms is $14 billion. it was economic news. short. loud scandals between loving people occur regularly. at fi

federal reserve will begin to lower the key rate while the dollar is growing against the ruble 90-97 expensive at 99.47. the french concern alstom sold it. all 20% of the shares of transmashholding that belonged to him, its russian shareholder, reports the rionovosti agency, citing the general director and co-owner of the company, kirill lipa. he refused to name the amount of the transaction, saying only that it was, quote, half of the objective value. transmash holding is russia's largest manufacturer of railway equipment; it makes locomotives, metro cars, passenger freight cars, ivolgo trains for moscow central diameters, even at the beginning. usa, the head structure of transmashholding is registered in cyprus. egor, everything about the economy. thank you, denis kololaev with business news. today is the 84th anniversary of the end of the winter war between the soviet union and finland. the fighting began in 1939 after an armed provocation of the finns on the border, and ended after 105 days of bloody fighting with the signing of a peace treaty between moscow and helsinki on sovie

and these are the us federal reserve holes interest rates at a historic high. but that just means for the global economy, the government and all the naming is tropical cycling. but it's still active in the spring, a huge amount of rain to the northern territory. as a result, i will be some flooding. there is to be expected and out of springs. full cost consume 3 days worth of rain on. not possibly that heavy as during saturday, with temperatures to write down 21 to 22 degrees as dropping by 15 degrees to be honest with not a big surprise. the active cold frontier that doesn't look so active brought much colder weather to a c t to victoria and new south, but also the sunshine by days. what would things out slowly? it's still warm, a driving permit that fish degrees and most of west australia is not surprisingly dry. avenues even nice looking picture mostly is going to be fine. right. about 20 degree mock. the rain is circulating our show, make his way in to satisfy with him. but not very far so potential for funding in borneo sooner ways. each job may be sumatra

federal reserve.an video card developer nvidia is among the three most valuable companies in the world. during exchange trading, in terms of capitalization, it overtook the oil and gas saudi aramka, reaching $2.25 billion. microsoft remains in first place in the ranking. on the second apple. nvidia's capitalization exceeded 2 trillion last month after publishing strong financial statements. the company's securities started this week with significant growth. at the end of the exchange rate, the dollar today is 91 rubles. 35 kopecks euro 99 rub. 10 kopecks novel. home is where the family is? and in the bank house of the russian federation 16.2% per annum on a deposit for 3 months. the most important contribution to the family. the viruses retreat when teloron northstar appears. telar is the northern star. stay healthy. this problem cannot be solved, everything is solved with the national education project. in russia regularly new opportunities to study well appear. alexey makrushin turned one of the old

traders cite the possibility of the us federal reserve's interest rate reduction as one of the reasons drop in gold prices. among other precious metals, the price of silver decreased by 40% to 23 dollars and 27 cents per ounce of platinum. it is traded at 886 dollars and 38 cents with a decrease of 21% , but the price of oil reached 96 cents per ounce of palladium with an increase of 600% in the first hour of trading. of course, there was an increase in asia, the price of brent oil increased by 9 cents, equivalent to 11 percent, to 83 dollars and 64 cents. us west texas intermediate oil is traded with 8 cents, equivalent to 63 reductions, from 79 dollars to 91 cents. however , gasoil also decreased by 18 percent to $843 , 25 cents. the price of oil after the agreement of the opec -places withdrawal to continue reducing production by 2 million 200 thousand barrels in the second 3 months of this year. it has increased. we have reached the end of the economic news. good afternoon, dear ones, and god bless you. in the name and memory of god, greetings and good time, i have the presence of

federal reserve will lower the discount rate.ng of monetary policy in the united states you can’t wait, that’s exactly how the market perceived the fed chairman’s speech in congress. jerome paul, as always, tried to express himself as streamlined as possible, but he started with the risks of an early step. that's the economy. the economic outlook is uncertain and continued progress towards our 2% inflation target is not guaranteed. relaxation too early or too much may result in reversal. progress we are seeing on consumer prices will ultimately require even tougher policies to return inflation to 2%. at the same time, easing policy too late or too little could unduly dampen economic activity and employment. on other topics, mts bank's revenue last year exceeded 90 billion rubles, an increase of 36%. and net profit reached a historical maximum - 12.5 billion rubles. here the growth is almost four times. mts bank's retail portfolio grew by 33% and approached rub 340 billion. and the customer base has reached almost 4 million people

federal reserve.ed $68,000 for the first time since november 21. the growth rate for one trading session was more than 8%. an increasing number of market participants are trying to choose assets other than the dollar, as the mountain of us debt of 34 trillion is becoming difficult to ignore. bitcoin for its part is not affected by questionable regulatory decisions, and its emission is limited by a reliable mathematical algorithm. simply put, bitcoin cannot be used... by the way, the main cryptocurrency is followed by a lesser- known one, for example, its capitalization exceeded $100 billion for the first time in history. at the end of the exchange rate, the dollar today is 91 rubles 35 kopecks. euro 99 rubles and 10 kopecks. roman, mash, thank you, i’ll briefly talk about the second central topics of the hour. france does not plan to send a military contingent to ukraine in the near future, emmanuel said macron. previously, he called for the deployment of troops. but the western allies did not support

aid outside the us federal reserve, but in washington, dc. well, as patsy was saying, the federal reserve decision on interest rates has a direct impact on the amount of interest americans pay on the credit cards. while the stock market reaches record highs and unemployment remains low, americans trying to get by on low incomes all feeling the burden of credit card debt. for simmons, pessimism about the economy could play a major role in defends as presidential election credit card debt in the united states hit a record $1.00 trillion dollars at the end of last year. growing of the fastest rate in 2 decades. u. s. consumers pay 50 percent more and could todd interest and fees in 2023. that was compared to 2020. so the total sum was $257000000000.00 in 2023. upholding shows that 28 percent of americans say credit cards are one of the biggest sources of financial stress. off as americans say, they feel worse off now on the president joe bought and then they did 4 years ago under donald trump. let's get him on this join his life from santa monic

and a focus on interest rates in the states as the us federal reserve decide what to do next.ls. plus, check out and chat. or is it life in the slow lane? a dutch supermarket introduces a checkout lane to encourage you to slow down and have a chat. but will it catch on? hello there. i am mark lobel and we begin here in the uk where today we'll get the cpi figure for february. investors have since increased bets that interest rates will fall in june. inflation remained unchanged at 4% last month forjanuary. that surprised experts who had expected a rise in energy bills to push prices up at a faster rate. but falls in prices for food items such as crackers, cake and crisps helped offset the rise in electricity and gas costs. keeping overall annual inflation unchanged from december. joining me now is kallum pickering, senior economist, berenberg. are you expecting inflation to slow in february?

so to come on out to 0, us federal reserve holes interest rates on historic heights. what could that needs to be really clinic for us? one part of leadership is knowing when the time has come to pass on the pass it on to somebody else. and then having the courage to do is that times no surprise resignation is orleans 5 minutes to answer outcome says the stuffing down the personal and political reasons the the brought to you by visit capital right is officially spring. right. is officially going to be scenary in a good part of the midwest. the northern plain stays good. proper weston and for time, eastern canada and those cold air is coming down against an influx of water for the surf. toronto stays in the cold run about 0 degrees. well, by way you should be with friday. maybe the scenario is today, but minneapolis might see significant snow, possibly in the next few days. you could have mold the 5 for the whole winter. bit of a shock to the system or i have to say, and it's not cold and it shows itself as snow across all the states comes up against the wall from the g

might not be enough to stop its dependence on fossil fuels, on the us federal reserve pulse interest rates that's on historic height. what could that mean for the global economy? the african narratives from africans perspective for symptom of 4 states and 2 short documentary spine, african filmmakers coordinated to like, he has said to simply me chocolate revenues from booking of foster. and i see beauty from synagogue, africa, direct on, i'll just, the unique perspective that has done is one of the most egregious example of abuses of human rights and environmental injustices on heard voices, luxury to young people. i know for russia, they're like any other people from any other country. we want to really connect with our community and tap into conversations you will find elsewhere. we have to be able to educate ourselves, to be able to identify what is freedom and what is enough to stream on algebra the the, [000:00:00;00] the fucking back armando, about top stores. this is ready for assistance, kill dozens of palestinians, and the ongoing rate on gauze as largest hospital. hundreds

and a focus on interest rates as the us federal reserve begins a two—day policy meeting. chinese foreign minister wang yi is in australia for his first official visit in seven years. he has met with his counterpart penny wong. she said china has learned lessons and will stay committed to mutual respect. there has been tension between the nations after trade tips between them over agricultural products and wine. despite that, china remains australia's largest trading partner, with two—way trade rising 12% to over $316 billion last year. also last week, beijing proposed lifting all tariffs on australian wine, which could end a three—year long dispute. we spoke earlier to former trade and tourism minister steven ciobo. there has without any doubt been a long period now of strained bilateral relationships. this visit signals in many respects a stabilisation of the relationship.

the us federal reserve has decided to keep interest rates on change at 5 and a quarter percent, a 23 year high economies. william lee looks deeper into the numbers for us. the overall economy is that is doing quite well, but it's the distributional impact is where the concern is. one of the things to keep in mind is that the overall only if you look at the overall economy interest burden breakfast, that by credit cards is only about 10 percent of the people's income. it was much higher so i can decrease that actual price is close to the 1314 percent of your income. so the person is fine in aggregate. but when you look at, we are really affecting people the most, it's at the lower end and people are becoming more, more discontent because at the lower rent, they feel that their wages are not keeping up with prices. the wages, like keep you up with inflation and the resentment is being pointed toward the policies of jo, bye. and because under donald trump, they were saying, well, we noticed that our incomes actually rising faster than inflation. we were not having these debt burdens as

the foreign exchange market today will listen to the speech of the head of the us federal reserve, jeromeand try to understand when the federal reserve will begin to lower the key rate. dollar 90.53, euro 98.36. emails from the state services portal with invitations to various events may be considered illegal. sent by advertising, that is, spam, the kommersant newspaper writes about this. the moscow arbitration court is scheduled to consider the claim today. the head of the information and analytical service information for all, evgeniy altovsky, is suing the fas moscow department, which previously refused to recognize an invitation to a robot battle as spam. after examining their email inboxes, business news staff calculated that in two weeks, government services were three times they reminded the russians about the battle of robots, then about the fact that moscow will be represented by four teams at once at these competitions. joined the space squad in 1962, and the following year she set off on her famous flight. three days later, her call sign chaika became known to the whole world.

the us federal reserve has raised interest rates at the base of rapid pace and molding for decades to tame inflation and symbols. and to yes, central banks around the world have done the same. the price isn't the easing, and most major economies investors in buying is asking when central banks might start to reduce those rates. we'll get to that with, i'll guess, show the but 1st, how the interest rates work and why did they match this as well. when central banks increase interest rates, borrowing becomes more expensive. people start to save more and spend less on demand for goods goes down, eventually causing prices to drop, but not hurts borrowers as credit like credit loans, call loans, mortgages and credit cards become costs via, for example, credit cards rates in the us as an old time high with americans, owing more than one trillion dollars, high interest rates also worried governments because they slow economies. central banks have been treating a very fine line between raising rates and not pushing the nations into a recession. like many of the central banks, the us of the res

from new 0 to a 2300 us federal reserve has raised interest rates at the base of rapid pace and mold in full decades to team inflation and symbols. in 2 years, central banks around the world have done the same. the price isn't the easing, and most major economies investors in buying is asking when central banks might start to reduce those rates. we'll get to that with, i'll guess, show the but 1st, how the interest rates work. and why did they match the as well when central banks increase interest rates, borrowing becomes more expensive. people start to save more and spend less on demand for goods goes down, eventually costing prices to drop, but not hits. barbara was as credit like credit loans, call loans, mortgages and credit cards become costs via, for example, credit cards rates in the us as an old time high with americans owing more than $1.00 trillion dollars. high interest rates also worried governments because they slow economies. central banks have been trading a very fine line between raising rates and not pushing the nations into a recession. like many of the central bank

federal reserve policy.ceeded $68,000 for the first time since november of twenty-one. the growth rate for one trading session was more than 8%. increasing number of participants. the market is trying to choose assets other than the dollar, as the mountain of us debt of 34 trillion is becoming difficult to ignore. bitcoin, for its part, is not subject to the influence of questionable regulatory decisions, and its emission is limited by a reliable mathematical algorithm. simply put, bitcoin cannot be printed. by the way, behind the main cryptocurrency followed by lesser-known ones, for example, the capitalization of the tetter stablecoin exceeded $100 billion for the first time in history. at the end of the exchange rate. today 91 rubles 35 kopecks, euro 99 rubles. 10 kopecks roman, maria, thank you, we continue. in stavaropoli , the second stage of the trunovo wind power plant was put into operation, this is already the fifth wind power plant in the region. the project is being implemented by rosatom. bulat

how does it re us federal reserve has decided to keep interest rates on change and a $23.00 high or 5.25 percent german jerome pals said inflation is still high, but signal the central bank would cut rates 3 times later in the year. higher borrowing costs are designed to so he can all make activity to ease inflation. patty, cocaine has moved from washington, is absolutely no surprise here at the federal reserve. pretty much nobody thought that they were going to lower interest rates at this meeting. what they were looking at is what they were going to signal they were going to do for the rest of 2024. and that remains on change. they said they're probably going to have 3 more interest rates cuts. that would bring the interest rate to 4.6 percent. now there has been a change in what they see is inflation. the end of the year they, they increase what that's going to be to probably 2.6 percent. but it's important that they're only talking about core inflation that doesn't take into account the cost of fuel or the cost of food, and that is a much higher number. that is the number americans f

and a focus on interest rates as the us federal reserve begins a two—day policy meeting.after a series of trade tiffs over agricultural products and wine. despite that, china remains australia's largest trading partner, with two—way trade rising 12 percent to over $316 billion last year. also just last week, beijing proposed lifting all tariffs on australian wine, which could end a three—year long dispute. for more on what we can expect from this bilateral visit, let's bring in former trade and tourism minister, steven ciobo. there is without any doubt been a long period now of strain by relationships. this is it signals in many respects a stabilisation of the relationship. both sides

federal reserve has raised interest rates at the base of rapid pace and molding for decades to team inflation and symbols in 2 years. central banks around the world have done the same. the price isn't the easing, and most major economies investors in buying is asking when central banks might start to reduce those rates. we'll get to that with, i'll guess, show the but 1st, how the interest rates work. and why did they match the as well when central banks increase interest rates, borrowing becomes more expensive. people start to save more and spend less on demand for goods goes down, eventually causing prices to drop, but not hurts borrowers as credit like credit loans, call loans, mortgages and credit cards become costs via, for example, credit cards rates in the us as an old time high with americans, owing more than one trillion dollars, high interest rates also worried governments because they slow economies. central banks have been trading a very fine line between raising rates and not pushing the nations into a recession. like many of the central banks, the us that the reserve is aiming t

the us federal reserve has raised interest rates are based on rapid pace and mold and for decades. detain insulation and symbols and to yes, central banks around the world have done the same. the price isn't the easing, and most major economies investors in buying is asking when central banks might start to reduce those rates. we'll get to that with all gas show, the but 1st, how the interest rates work. and why did they match this as well? when central banks increase interest rates, borrowing becomes more expensive. people start to save more and spend less on demand for goods goes down, eventually causing prices to drop, but not hurts borrowers as credit like credit loans, call loans, mortgages and credit cards become costs via, for example, credit cards rates in the us as an old time high with americans, owing more than one trillion dollars, high interest rates also worried governments because they slow economies. central banks have been trading a very fine line between raising rates and not pushing the nations into a recession. like many of the central banks, the us of the reserve is a

federal reserve still predicts three key rate cuts this year, even though the latest inflation statisticsussian stock market has been trading with little activity on the foreign exchange market since friday morning. after two days of strengthening, the ruble also moved into what is called consolidation. after 1:30 p.m. moscow will become aware of the results of the meeting of the russian central bank. he will most likely leave the key rate at 16%, and therefore. the main intrigue is what the central bank will say about the future rate cut. the central bank has already announced one piece of news today: it has revoked the license of strela bank. it ranked 321st in terms of assets and, as the regulator explains, specialized in transfers in which the kiev bank participated, and its license was revoked a month ago. and a little about cinema. on the day of its premiere, the film flying ship, created with the participation of ntv collected more than 44 million rubles in cinemas. this data is unified and automated. according to the box office information system for march 21 , the flying ship was

federal reserve has raised interest rates at the most rapid pace and move in for decades to team inflation and symbols. in 2 years. central banks around the world have done the same. the price is an easing, and most major economies investors in buying is asking when central banks might start to reduce those rates. we'll get to that with, i'll get, show the but 1st, how the interest rates work. and why did they match the as well when central banks increase interest rates, borrowing becomes more expensive. people start to save more and spend less on demand for goods goes down, eventually causing prices to drop. but not hurts burrell is as credit like credit loans, call loans, mortgages and credit cards become costs via, for example, credit cards rates in the us as an old time high with americans. owing more than one trillion dollars. high interest rates also worried governments because they slow economies. central banks have been trading a very fine line between raising rates and not pushing the nations into a recession. like many of the central banks, the us of the reserve is aiming to keep

the us federal reserve holes interest rates at our historic high. what could that mean for the global economy? by the u. k is logics is fine, expansion of its nuclear power program might not be enough to solve its dependence on fossil fuel. the recent flooding in saudi arabia cost of it in q. right? certainly a rock could be top top bodies actually system still going east was because the backwash is here coming through. talk here, where is the high ground but rain running through northern iraq of the south we chose, i'm not drawing a picture and that's certainly true and you're wrong. but look at the winds, the despite the fact being. so ryan is not being very much in this problem savvy, right? because it's still drawn up to pick up the dust and the sand. and we've got called the fair a lot, the might produce symbol thunderstorms. so a repeat potential iraq, q 8 and eastern side of the which might bring rain to about rain, possibly even dining because in fact, the next 3 days, the doha full across friday, saturday, sunday, all contained some risk of

the us federal reserve has raised interest rates are based on rapid pace and molding for decades to tame inflation and symbols and to yes, central banks around the world have done the same. the price isn't the easing, and most major economies investors in buying is asking when central banks might start to reduce those rates. we'll get to that with all gas show, the but 1st, how the interest rates work. and why did they match this as well? when central banks increase interest rates, borrowing becomes more expensive. people start to save more and spend less on demand for goods goes down eventually causing prices to drop. but not hurts. borrow is as credit like credit loans, call loans, mortgages and credit cards become costs via, for example, credit cards rates in the us. so as an old time high with americans, owing more than one trillion dollars, high interest rates also worried governments because they slow economies. central banks have been trading a very fine line between raising rates and not pushing the nations into a recession. like many of the central banks, the us of the reserve i

such as the us federal reserve where interest rates are at 5.5%, and the european central bank with current 4.5%. some institutions, particularly in emerging markets, have already started cutting rates — such as china where one of their key interest rates dropped to 3.45% last year. and the battle against inflation is working according to the swiss national bank, who on thursday cut interest rates to 1.5% — the first to do so among the major central banks. however, as inflation is still above many other central banks�* targets — which in most advanced economies is 2%, including here in the uk — policymakers warn it'll be difficult to meet that target. so, with higher prices globally, many are still feeling the pinch in their pockets. so how does it affect mortgages? let's speak to homeowner ben howard in bristol, who expects to see his mortgage payments double. thank you forjoining us. we've just given you a load of figures, it all sounds very technical and financial, but just tell us what this means when you heard that the interest rate level was going to remain unchanged today, what does

from new 0 to a 23 year hard us federal reserve has raised interest rates at the most rapid pace and move in full decades to team inflation and symbols. in 2 years, central banks around the world have done the same. the prices are now easing, and most major economies investors in buying is asking when central banks might start to reduce those rates. we'll get to that with, i'll guess, show the but 1st, how the interest rates work. and why did they match the as well with central banks increase interest rates, borrowing becomes more expensive. people start to save more and spend less on demand for goods goes down, eventually causing prices to drop, but not hurts borrowers as credit like credit loans, call loans, mortgages and credit cards become costs via, for example, credit cards rates in the us as an old time high with americans, owing more than one trillion dollars, high interest rates also worried governments because they slow economies. central banks have been trading a very fine line between raising rates and not pushing the nations into a recession. like many of the central ban

federal reserve.e, its highest since early december, when prices hit an all—time high of $2,135. tesla has halted production at its car factory in berlin after a suspected arson attack nearby. it has warned it won't restart this week, costing the firm 100 million euros. an electricity pylon close to the plant caught fire, causing power outages in the factory and nearby towns. environmental activists who have been protesting against the site's expansion have denied responsibility for the fire. that is your business update. around the world and across the uk, this is bbc news. i'm alex james, the front man of the uk's first duchenne muscular dystrophy fronted rock band. to shed muscular dystrophy is a row, life limiting, muscle wasting condition. in terms of being a front man and having _ in terms of being a front man and having this — in terms of being a front man and having this disability, how does that make your experience of playing music— that make your experience of playing music different from e

and a focus on interest rates as the us federal reserve begins a two—day policy meeting.al visit to the country in seven years. he says china—australia relations are, "on the right track and that we must not hesitate, deviate or turnback". relations have been tense between the two nations, after a series of trade tiffs over agricultural products and wine. but last week, beijing proposed lifting all tariffs on australian wine, which could end a three—year long dispute. australia's foreign minister says the move will benefit both countries. i welcome the progress of the removal of trade impediments on barley, wine and other exports and we reiterated our desire on the removal of remaining appended to. we discuss recent volatility in nickel core markets and made the point of predictability is in all our interests. steven ciobo, australia's former trade and tourism minister, expects to see a stabilisation

on wednesday the us federal reserve signalled it's on track to cut interest rates three times this yearon. that's the �*goldilocks' scenario investors want — not too hot and not too cold — in other words, a healthy economy but not to the extent the fed needs to keep interest rates high. there is also that ongoing excitement about the profits to be made from artificial intelligence — that's seeing money pour into shares. the ai demand and boom has been absolutely incredible. if we go back a few decades during the internet bubble we did see some pretty interesting comments and one of them was not even from an investor. it was from david elliott of all people but he sat regarding the rally back then and the potential impact of the internet he said i think we are on the cusp of something exhilarating and terrifying. i think if you pull that quote forward it is perfect for today. it is perfect for al because it really is, when you hear about the capacity and what it may be able to do it is both exhilarating and terrifying. one big beneficiary of that excitement on wall street is reddit. the

and a focus on interest rates as the us federal reserve begins a two—day policy meeting.t official visit in seven years. he said their relationship is on the right track. he said china has learned lessons and will stay committed to mutual respect. relations have been tense between the two nations, after a series of trade tiffs over agricultural products and wine. despite that, china remains australia's largest trading partner, with two—way trade rising 12% to over $316 billion last year. last week, beijing proposed lifting all tariffs on australian wine, which could end a three—year long dispute. we spoke earlier to former trade and tourism minister steven ciobo. i welcome the removal of these trade impediments and we have reiterated our desire for the removal of impediments on beef and lobster. we discussed

here , investors are waiting for new us statistics this week, which may indicate when the us federalline. they want to transfer the chelyabinsk electrometallurgical plant of businessman yuri antipov to rostec. rbc learned from its sources that the government began to discuss the prospects of chmk. in february, the court granted the claim of the prosecutor general's office to recognize the illegal privatization of three plants of the industrial group of the chelyabinsk electrometallurgical plant back in nineties and decided to return them to the state. the prosecutor general's office indicated that these enterprises are larger. in the country for the production of ferroalloys, which are needed for the production of steel for military equipment and shells. as rbc's interlocutors note, the current working scheme for transferring assets to the state looks like this: a blocking stake of 25% goes to rostec, and the remaining 75%, as rbc sources formulate, goes to the most effective investor-partner. moreover, vladimir putin stated that some of the chelyabinsk metallurgical plant’s faciliti

aladdin directs funds to the us federal reserve, hundreds of banks and thousands of traders, and conducts thousand trades every single day. the supercomputer absorbs terabytes of data from each market, calculates all possible developments, and gains access to private and confidential information. but what is known about the founder lawrence fink? year, as an investor, he lost $100 million, having made a number of dubious transactions, but did not lose his head and founded black rock with a fellow student. the finest hour was the 2008 crisis. black rock played a major role in the development of the mortgage bubble that led to the collapse. the fund was one of the largest buyers of mortgages securities issued under risky conditions. black rock also lobbied hard for policies that would promote growth. of this market after the crisis, black rock played an important role in overcoming it. the fund was one of the largest investors in bailout programs for financial institutions launched by the us and other governments. some critics argue that the fund was one of the main culprits in the crisis.

let's stay with that theme, because us federal reserve chairjerome powell has been giving his twice—yearlyl was playing his cards close to his chest. our north america business correspondent erin delmore has the details in new york. fed chairjerome powell squarely in the spotlight on capitol hill wednesday, previewing what is to come in the area had, as fed officials contemplate when to cut interest rates and by how much. we believe our policy rate is likely— we believe our policy rate is likely at _ we believe our policy rate is likely at its peak for this tightening cycle. if the economy evolves broadly as expected, it will likely be appropriate to begin dialling back— appropriate to begin dialling back policy restraint at some point — back policy restraint at some point this— back policy restraint at some point this year.— point this year. powell appeared _ point this year. powell appeared before - point this year. powell appeared before the i point this year. powell - appeared before the house financial services committee, the first up in his two—day tour of capitol hill and pointed to

to federal reserve would be cutting rates this year.expectations to something a little bit more realistic. what we are probably looking at is the first cuts in the middle of the year and central banks acting relatively cautiously over the second half of this year. in the context of the european central bank it looks as though we're probably going get something like three reductions of a quarter of 4% each this year. if things go well and inflation continues to look as if it has been beaten, then we would expect further reductions in interest rates next year, as well. thank you. labour has agreed to pay taxi drivers are hundred and $75 million to complete our class—action lawsuit. this is a colossal payouts that they have agreed to pay, almost 118 billion us dollars, one of the biggest class action settlements in australia's history. hooper was accused of arriving on australian shores over a decade ago behaving illegally, like pirates, according to these lawyers who represented more than 8,000 drivers and they claimed that cuba was not a

ai leads us higher. the federal reserve able to cut rates later this year.ows we can cut into this economy. europe seeming to signal a similar thing. nasdaq 100 turning to the red. it looks like we are managing to be dipping into the rest of the trading days. the nasdaq 100 pushing lower. bitcoin managed to eclipse $70,000 in earlier trading. we are now at 60 69 that -- we are down 66,959. -- we are now at 66,959. what is pushing to the downside? an onset of earnings has been disappointing. this is a company that has not lived up to expectation when it comes to growth. this has been driving up 25% year to date. ai demand is there for stop -- ai demand is there. apple is actually finally higher after a couple of weeks of trading lower, up 1.7%. nvidia is tumbling 3.7%. we had been trading higher on nvidia. this led us to new record highs. profit taking, volatility. we will dig into the reasons. more on ai coming. ed: nvidia dropped a percentage point in the last five minutes or so. let's keep the jobs report in mind and dive deeper into the tech sector and br

let's begin in the us, where the federal reserve has left interest rates unchanged at the end of itsnk has been trying to cool inflation in the world's largest economy, that is still above it's 2% target. the bbc�*s erin delmore has more from new york. to hear chairmanjerome powell tell it, the federal reserve is looking for its goldilocks path forward, making sure the bank doesn't reduce interest rates too much too soon or too little too late. officials decided wednesday to keep the benchmark interest rate at between 5.25% 5.5%. interest rate at between 5.25% and 5.5%. it remains unchanged sincejuly. and while the suspense lie5 around when the fed will cut interest rates, powell didn't give any hints. he did say that the fed wants to see inflation falling sustainably toward the 2% goal before going ahead with any rate cuts. he made the case for a cautious path forward. inflation has eased substantially, while the labour market has remained strong. and that is very good news. but inflation is still too high. ongoing progress in bringing it down is not assured,

let's begin in the us, where the federal reserve has left interest rates unchanged at the end of itscool inflation in the world's largest economy — that is still above it's 2% target. the bbc�*s erin delmore has more from new york. to hear chairman jerome to hear chairmanjerome powell tell at the federal reserve is looking for its goldilocks path forward making sure the bank doesn't reduce interest rate too much too soon or too little too much too soon or too little too late. officials decided wednesday to keep the benchmark interest rate at between five and a quarter and five and a half percent it remains unchanged sincejuly. and while the suspense lies around when the suspense lies around when the fed will cut interest rates powell didn't give any hints. he did say the following sustainably 2% goal before going ahead with any rate cuts. he made the case for a cautious path forward. he made the case for a cautious path forward-— path forward. inflation has eased substantially - path forward. inflation has eased substantially while i path forward. inflation has i eased substantially

the federal reserve's march meeting begins today.ll hear from jay powell afternoon. then the power panel is back at 8:00 a.m. eastern. arkansas governor mike huckabee with steamboat institute kaylee mcghee white. they will be with me for the entire a.m. hour with their thoughts on the stories of the day. you're watching "mornings with . we'll be right back. ♪ ♪ ♪ so i started preparing physically and financially. then you came along and made every mile worth it. hi mom. at vanguard you're more than just an investor, you're an owner. helping you prepare for today's longer retirement. that's the value of ownership. (♪) is bad debt holding you back? ♪ the only limit is the sky ♪ ♪ it's our time ♪ ♪ you don't want to miss it (just a little bit louder) ♪ ♪ it's our time ♪ ♪ you don't want to miss it ♪ ♪ it's your moment in the spotlight ♪ all your ambitions. all in one app. low fixed rates. borrow up to $100k. no fees required. sofi. get your money right®. hi. i'm wolfgang puck when i started my online store wolfgang puck home i knew ther