the central bank 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 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 while the labour market has remained strong. that is very good news.

but inflation is still too high, all grown progress in bringing it down is not assured. in the path forward is uncertain. assured. in the path forward is uncertain-— assured. in the path forward is uncertain. . ., ., uncertain. chairman powell said if all goes _ uncertain. chairman powell said if all goes as — uncertain. chairman powell said if all goes as expected - uncertain. chairman powell said if all goes as expected this - if all goes as expected this year rate cuts will be appropriate. and the fed will continue to make decisions meeting by meeting. what does this mean for asian economies? peter, as we'vejust heard a cautious approach by jerome powell the markets have reacted positively to that. what does that mean for us here in asia? ~ , ., in asia? absolutely for the buildin: in asia? absolutely for the building audit _ in asia? absolutely for the building audit their - in asia? absolutely for the building audit their record | building audit their record close out on the australian market is up and positive tone across equity markets as a king over trading session and probably into tomorrow there will be a little bit of a to the upside is far as turn. what is this made _ the upside is far as turn. what is this made for _ the upside is far as turn. what is this made for asian - is this made for asian economies going forward if these rates are to hold steady? that comes next part of it. 67%

chance as far as a rate cut in june, that's where the analyst supporting it. ithink june, that's where the analyst supporting it. i think overall momentum to the upside. there could be a good little rally as far as asia. and keep rolling across the whole fabric of asia into australia. i think it could be a good news story. in could be a good news story. in the way the fed is handling this, does a soft landing look like it could be on the cards could make everybody want certainty when it comes to markets and how things are progressing. that's also a positive outlook for asia, isn't it? .. , positive outlook for asia, isn't it?— isn't it? exactly right. i think that's _ isn't it? exactly right. i think that's what - isn't it? exactly right. i think that's what the l isn't it? exactly right. i. think that's what the actor you're looking at three rate cuts this year, that's what jerome paul is saying. the next part is whether you'll see central banks in asia copy that movement. and the whole theme is one of a very soft landing as long as inflation remains or get to that 2%, the 3% target range. get to that 2%, the 3% target ran . e. . , get to that 296, the 396 target ran i e, ., , ., get to that 296, the 396 target ran . e. ., , ., , range. that is what the fed is alwa s range. that is what the fed is always targeted, _ range. that is what the fed is always targeted, 296 - range. that is what the fed is always targeted, 296 inflation | always targeted, 2% inflation rate a lot of discussion of where this is going is based on

the strength of the us economy. can you give us an idea of why the us economy is so strong. you gotta look at it as far as equity markets, they've been extraordinary of the last five days that's been strongly out. you got recently good unemployment in the sense that it is low. that's been strong for the inflation side, the higher interest rates are certainly fighting the consumer but the overall momentum of the economy has been relatively waterproof. is it rolls forward will see how that maintains over the northern hemisphere summer. it mightjust happen to be a relatively good roll—up as far as an election year as well. ., far as an election year as well. ~ , ., ., , well. peter, think you as always- _ well. peter, think you as always. peter _ well. peter, think you as always. peter maguire, i well. peter, think you as - always. peter maguire, chief executive@trader.com. indonesia 5 electoral commission has announced the official results of last month's election. defence minister prabowo subianto is set to become the country's next president. the final tally showed that mr prabowo and his running mate secured more than 58% of all votes cast.

since the polls, he has unveiled ambitious plans for southeast asia's largest economy. but not everyone is convinced they can be achieved. our business reporter joao da silva has more. it's confirmed, in the niches defence minister prabowo subianto will be taking the reins of southeast asia is largest economy from october. his predecessors business friendly economic and and jenny at the country has been growing at the country has been growing at 5%. it is become the darling of market investors and a major note in the global electric supply chain due to the countries nickel reserves. but prabowo subianto has bigger ambitions. he believes 8% annual growth is achievable within the next five years. to meet that target analysts a deep structural reforms need to be made. �* , deep structural reforms need to be made. 3 . ., deep structural reforms need to be made. �*, ., ~ ., deep structural reforms need to be made. �*, ., , be made. let's take a broad 82596, it _ be made. let's take a broad 825%, it will— be made. let's take a broad 82596, it will take _ be made. let's take a broad 82596, it will take more - be made. let's take a broad| 82596, it will take more than 825%, it will take more than the prabowo subianto has promised in his campaign. a few

from the central banks. the reason why indonesians in the 5% trap caught. apparently it lags is as jan peers in terms of manufacturing productivity and labour productivity. if you're gonna be under the eighth present growth you really have to show up commitment towards lifting productivity growth through structural reform and a new push on infrastructure spending. push on infrastructure sendina. ,, . ., , spending. since the vohs prabowo _ spending. since the vohs prabowo subianto - prabowo subianto has promised to do some of that. he's hinted he favours privatising state owned enterprises with up his fiscal discipline while widening the countries tax base. howeversome widening the countries tax base. however some of his spending plans of triggered warnings from rating agencies for the his idea of free lunches for 18 million students for example, that would cause 2% of its gdp. that's one of the reasons cited is a

disconnect between his empty promises and his economic goals. turning to aviation, and here in asia, carriers are grappling with skyrocketing demand, but they're also having to face jet safety concerns and a shortage of labour. the bbc�*s suranjana tewari caught up with the boss of budget carrier cebu pacific, and started by asking him why the philippines has such potential as an aviation market. one of the problems that the philippines had for so many years has been on infrastructure. that infrastructure. that infrastructure is improving but if we look at the airfields, were starting to see the real opportunity there.— were starting to see the real opportunity there. first of all in the short _ opportunity there. first of all in the short to _ opportunity there. first of all| in the short to medium-term. in the short to medium—term. the manila airport, that's been privatised with them so what we expect to see there now is that there will be some investment to improve services it will also increase the positive. we clearly need to increase our commitment in terms of capacity we're putting into the market.

where 55% domestic market share. if we want to maintain our relevance we've got to get a fleet that will go and populate those roadways because it will be runways. we're looking at in order of about a hundred aircraft with options on top with deliveries to start in the period of 27 and 28, which will take us through to 2035. �* , ., which will take us through to 2035. ~ y. which will take us through to 2035. ~ ., 2035. are you looking at the boeina 2035. are you looking at the boeing mae's _ 2035. are you looking at the boeing mac's family - 2035. are you looking at the boeing mac's family given i boeing mac's family given everything that's going on? to have any safety concerns about that generation of planes? i’m that generation of planes? i'm concerned _ that generation of planes? i“n concerned the industry need to make sure that it carries on doing what it's on for decades in terms of making sure that it looks after safety first and foremost before anything else foremost before anything else for the boeing knows this and they will sort this. there's no question this and they will sort this. there's no questions will be resolved in the months if not certainly in the years ahead. our role is not until 2027, the first delivery. by the time it happens we will be sorted, boeing will be sorted. in terms of sustainability what

are you doing to try to meet the goals of the injured street? the goals of the in'ured street? , ., ., ., ., street? first of all we have to acce -t it street? first of all we have to accept it long _ street? first of all we have to accept it long road _ street? first of all we have to accept it long road before - street? first of all we have to accept it long road before we| accept it long road before we get to a net zero position. i think in the last couple of years there's been lots of statements about where going to do this and that for the aviation has a real challenge on its hands to find a replacement. sustainable aviation fuel is the way forward for the majority of what the industry needs to do. there's just not enough of it. it's too expensive at this point in time for that what we've got to do is make sure we're working with everyone in terms of bringing that in so there's development. whether that's us flying around a sustainable aged asian fuel, which were done, we've done it all commercial flights, the first low cost carrier to do that. anything we can elect to fight we're ground handling equipment, that's been renewed with battery equipment. buses that we use are battery—powered. our staff buses are battery—powered as well. all those things we can

do, even though it might not be as significant of a near cough we're doing already. read it has released a top of its targeted range making it stock debut. the prices set at $34 a share giving better valuation around $6.4 billion. this offering comes as the tech sector is seeing big slowdown in ipos. intel has received nearly $20 billion in grants and loans from the us government. in one of the largest investments made in the american semiconductor industry. as part of the chips act which is aimed to boost production in the domestic chip industry to reduce reliance on china and taiwan. the tech giants plan to create the largest chip plant in ohio in 2027. a quick look at the markets before we go — wall street's

main stock indexes closed higher after the federal reserve eased investorjitters by keeping interest rates unchanged. the nasdaq up over 1.2%. i will see you soon.

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 tears being subbed out at the brazil world cup match versus bolivia. at a press conference, he urged anyone with mental health problems to do the same thing. as a national team player who has had such an active voice. i want to tell people to seek help, and i can particularly say that because it saved my life. and we'll leave you with ten seconds of this eco dog. have a look. this is gonzalo and his border collie, sam. they're known around chile's capital city for keeping the park litter free on their walks. in fact, sam is such a local celeb that his image has been

used by park officials in their campaigns. you're all caught up now. have a good night. hello there and welcome along to sports day. i'm gavin ramjaun. wales take on finland in their crucial euro playoff semifinal as international football commences over the coming days. david warner is one of the big names to miss out on selection at the 100 draught. ——draft we'll bring you all the details. and owen farrell says he's still happy with his decision to step away from international rugby. hello there and welcome

along to sports day. we start with what's set to be a big week for international football, not least for wales, who face one of their final hurdles in qualification for this summer's european championship. they take on finland in their play off semifinal tie on thursday in cardiff. they are, of course, without their talisman, gareth bale, who retired over a year ago as they look to make a third successive euros. thomas duffin reports. relaxed and relishing another chance of making it to a major tournament. the manager says his players will draw on the experience of recent world cup play off matches in cardiff when wales made the most of home advantage. we've been there, we've been through it. so i think having gone through that as a player, it's certainly helped. in situations like this, pressures, pressure, whether you're a manager, whether you're a player. so we've all been exposed to pressurised situations and and i think you learn it's never comfortable, but you learn to deal with it. a big factor in getting to major tournaments has been