the mirror hussein reports from new york.onsumers in america feel more confident that inflation is on its way down. that is according to the latest reserve from the federal reserve bank of new york. expectations in may fell to their lowest levels in two years. this survey is a closely watched metric because if consumers believe inflation will fall they will already adjust their spending patterns in anticipation of what is to come. those consumer expectations happened to jibe pretty closely with what economists expect for the latest inflation figures. they will likely show that inflation went up slightly month over month but it will drop year over year. month but it will drop year overyear. numbers month but it will drop year over year. numbers like that will be encouraging for the us federal reserve as it debates whether or not to make a change to interest rates. the us central bank started increasing the rate of borrowing aggressively last year. authorities have hiked rates ten times since marking the fastest tightening cycl

hussein, bbc news, new york. a high court trial, which has seen prince harry accuse the mirror group newspapers of using phone hackingis private life, continues this morning. mirror group denies the allegations. frances read is outside the high court. good morning, frances. there has been a lot of attention on this trial because of prince harry, and it continues today.— trial because of prince harry, and it continues today. that's right, we are rroin it continues today. that's right, we are going to _ it continues today. that's right, we are going to hear— it continues today. that's right, we are going to hear from _ it continues today. that's right, we are going to hear from some - it continues today. that's right, we are going to hear from some of - it continues today. that's right, we j are going to hear from some of the other claimant day but as you rightly said, prince harry has really stolen the show. this is a test case, prince harry determined to see what he sees as the injustices caused by the tabloid press, one of four people suing mirror group newspapers with allegation of things like float hacking dating