the bbc�*s samir hussein reports from new york. inflation remain steadily high.and get the cost of living back down to more normal levels the federal reserve, america's central bank, has raised interest rates ten times in a little over a year, and now it seems it may be ready to perhaps take a pause. the committee will take into account the cumulative tightening of monetary policy, the legs with which it lacks inflation and economic and financial developments. we will make that determination meeting by meeting. the rate rises have slowed economic growth in the united states by making it more expensive to borrow money and inflation is starting to come down, but they have been some unexpected knock—on effects of the rate hikes. they played a part in the banking crisis, where three banks collapsed in less than two months. so far, the fed has been successful in slowing the economy and prices without plunging the country into recession. but the trickiest moment may have arrived. at some point, policymakers have to decide if they have done enough to keep inflation fall

my colleague samir hussein reports. 56 chips apple is buying from broadcom will be designed and built in the us. it is the latest business deal between the two companies. in 2020, broadcom said it would sell $15 billion of wireless components to apple. the deal fits the brief apple set out for it self to invest more in the us economy. it also goes hand—in—hand with a push to get more us companies to use domestically made microchips. the supply chain disruptions during the pandemic triggered a semiconductor shortage which showed just how reliant us companies had become on chips made overseas, specifically in china and taiwan. which many us officials see as a national security concern. since then, the us has been privatising domestic production of semiconductors is advised to wean firms from relying on foreign chip—makers. last summer, us presidentjoe biden signed an act that drew billions of dollars in subsidies and tax dollars to help the domestic chip—making business. staying on the topic of chips, the us top democrats

samir hussein is more stability to their plans because of new leadership of the company and changinginess conditions. bob iger returned to the position of ceo at disney in novemberjust 11 months after he left. the changing business conditions are likely to include the tension between disney employees governor rhonda santos. disney is the largest single employer in the state but it came under criticism by the government when disney opposed a new law in the state that would ban the discussion of sexual orientation or gender identity public schools. in a competing statement, ron desantis said the possibility of this new campus two years ago but nothing came of it. in the decision to scrap the project is unsurprising, given disney's financial straits and declining stock price. the movie and television businesses declined by the theme parks of the company is so famous for, continue to be highly profitable. elsewhere in the united states, kevin mccarthy has signalled the possibility of a breakthrough in that debt ceiling impasse, and comments to reporters, they saw a breakthrough in the ta

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