the us federal reserve is announcing _ alive here. e us federal reserve is announcing its _ alive here. the us federal reserve is announcing its decision - alive here. the us federal reserve is announcing its decision on - is announcing its decision on interest rates anytime now. a rise of half of 1% is expected to try and team inflation. and the actor amber heard is about to take to the stand in the definition trial that her ex—husband johnny depp. in a moment we'll bring you all the latest from the war in ukraine. but first — some breaking news from the united states. the us federal reserve has been meeting to set interest rates. the fed has a brief to keep price stable but its fighting soaring inflation driven by rising energy prices. we are expecting federal reserve to decide on interest rates and let me get that figure whatever the decision is of course we will bring it straight to you. michelle fleury is in washington. the federal reserve has just raised rates by half a percentage point as expected bringing its key benchmark rate

the us federal reserve is announcing _ alive here.

the federal reserve, the us central, _ inflation. central, was saying for - inflation. the federal reserve, the us central, was saying for much i us central, was saying for much longer— us central, was saying for much longer than it should have done, inflation — longer than it should have done, inflation was transient. isn't that wonderful— inflation was transient. isn't that wonderful world —— word? here today and gone _ wonderful world —— word? here today and gone tomorrow. isn't that —— as and gone tomorrow. isn't that —— as a result— and gone tomorrow. isn't that —— as a result they — and gone tomorrow. isn't that —— as a result they did not move fast enough — a result they did not move fast enough to— a result they did not move fast enough to raise interest rates. interest — enough to raise interest rates. interest rates have been going up in stock— interest rates have been going up in stock markets worldwide which is now afraid _ stock markets worldwide which is now afraid of— stock markets worldwide which is now afraid of going

more aggressive interest rate rises to come from the us federal reserve. "we don't want a uk—eu trade war," the irish prime minister tells the bbc. plus: desperate for drugs. how an economic crisis is turning into a medical emergency in sri lanka. hello there. we start with the cost of living. we are expecting to hear in the next few hours what the uk government plans to do to help consumers with soaring energy bills. they could see hundreds of pounds knocked off bills this winter, as part of a package of support worth at least £10 billion, largely funded by a one—off windfall tax on energy companies. annual household energy bills here in the ukjumped by an average of £700 in april when the uk regulator ofgem raised the cap on what suppliers can charge. and ofgem has warned they will have to rise by a further £800 in october. 0ur consumer affairs correspondent colletta smith has been to warrington in the north of england, asking people what one thing the government could do to help their household. the one thing that would help with help with energy bills,

the senate approved the candidacy of jerome paul for the post of chairman of the us federal reserve for his second term president joe biden welcomed the decision noted that the fed plays a paramount role in the fight against inflation. the fed plays a paramount role in fighting inflation, and these highly trained board members will bring the skills and knowledge needed at this critical time for our economy and for families across the country. at the end of april, the rate of consumer inflation in the united states continues to be at levels that have not been seen for the past 40 years above eight percent of the basic monthly indicators, that is, without taking into account food and energy prices, in april it turned out to be twice as high as in march, the rise in prices in the service sector, which amounted to 70% month on month indicates that inflation has manifested itself in all segments of the us economy. on this i have more and more news in the next chat. second champion of russia in volleyball among women lokomotiv from kaliningrad became a year in a row in the fifth match of the

approved the candidacy of jerome paul for office this will be his second term as chairman of the us federal reserve. president joe biden welcomed the decision and noted that the fed plays an important role in curbing price increases. the fed is playing a pivotal role in fighting inflation, and these highly trained councilors will bring the skills and knowledge needed at this critical time for our economy and for families across the country. at the end of april, the pace of consumer inflation in the united states continues to be at levels that have not been seen over the past 40 years above eight percent monthly baseline, that is, excluding food and energy prices, in april was twice as high as in march, the increase in prices in the service sector, which amounted to 7/10%, month on month, indicates that inflation manifested itself in all segments of the american economy. the net profit of japanese corporations from the elite first section of the tokyo stock exchange is breaking records in the twenty- first fiscal year. it added more than 35% and reached 33.5 trillion. yen in dollars. this approximat

for 20 years now, the us federal reserve has been pursuing the wrong policy.urse, which usa introduce measures against russia against the backdrop of the war, arouse interest in kind, fifty countries in alternative types of development. as we saw before in the slogan, which is on the front page again, now it has crawled out to abandon dollars in favor of its common currency, there are enough pitfalls. new dynamics in new realities obviously sergey brilev, with the assistance of david flor to lead from the paths and roads of latin america advertisements for the sale of apartments. choose the dream apartment that's right for you with the number one real estate homeclick service. the internet at speed is only even faster, and you can connect only with our megafon tariffs and be the fastest megafon for a large technological bank, it is important to stay face to face with a person for three minutes in two clicks on one call in order to justify your trust to support you, really, by issuing loans sovcombank is closer to people every day. come m.video we bank renaissa

it's been 20 years now that the us federal reserve has been pursuing the wrong policy. the united states is introducing measures against russia against the backdrop of the war arouse the interest of a good fifty countries in alternative types of development. as you saw before in the slogan, which was again on the front page from the moon to abandon dollars in favor of their own currency, the total is enough pitfalls, but the new dynamics in the new realities is obvious sergey brilev with the assistance of david flor to lead from the paths and roads of latin america now it will be ready, no other program will show what putin did before the parade and in front of the immortal regiment. shots from the epicenter of the holiday, the mood of the military on thursday and i want to live here, sergei shoigu will also be sitting next to him, unique shots from the central tribune of the veteran cameraman. filmed more than the rest, then let us see the program, immersing you in the atmosphere of events. everything can be seen, everything can be felt. thank you very much, he did not

minutes, the sale after yesterday's rapid growth, which was caused by the statements of the head us federal reserveerome paola that fet is not yet considering a very sharp increase in the key rate to fight inflation put pressure on european stock exchanges, today's decision on the key rate, but already from the bank of england he raised the rate to one percent. it is not worth comparing with russia here for england, after all. this is a maximum of 10 years. naturally, this is also done to fight inflation. it has reached 7% in the uk, despite the fact that the target is 2%. on the moscow exchange, where foreign investors do not have their own microclimate and even the fact that, well, there is no news, the ruble is sanctioned is becoming positive news for the moscow exchange. yesterday soared against the dollar euro to a maximum of more than 2 years, but today's trading. he spent the dollar in silence on the basis of exactly 67 euros. 70 15 the finnish company for the production and roasting of coffee spider sold its business in russia to the new owners was a citizen of india, a private investor, vi

now the news of the economy masha following the results of yesterday's meeting of the us federal reservee by 50 points at once. yes , there was exactly the possibility of an increase, even by 75 points i will tell you right now, the federal reserve system, in an attempt to beat inflation , raised the rate immediately by half a percentage point, this has not happened since 2000. rustam gazmanov will tell you more about this. the federal reserve system held a historic meeting for the first time in 22 years. the key rate was raised immediately by half a percentage point. in addition, it was announced that starting from june 1, the reduction of the regulator's balance sheet by 30 billion month treasury bonds and 17.5 mortgages. in general, all these decisions were expected and included in the price of the volume of balance reduction. it even turned out to be somewhat lower in many ways, so the old stock exchange proverb “sell on rumors” worked. buy on the facts, the stock indexes really reacted with a sharp increase. yes, and major currencies began to rapidly strengthen against the dollar, b

about the stability of its own currency, according to the opinion of the deputy head of the us federal reservetus of the dollar should not be taken for granted, she stressed that other countries are actively working on issuing their own digital currencies, and in this situation it is necessary to assess the prospects for launching a digital dollar. it is necessary to weigh the risks of the absence and introduction of a digital dollar from the us central bank, china's actions play an important role, but the central banks of europe and other regions are already far advanced in discussing the possibility of introducing their own digital currencies. and of course we don't it is worth taking the global status of the dollar for granted, the st. petersburg international economic forum will be attended by more than 13.5 thousand participants, the director of the forum alexei valkov said this, the event will be held for the 25th time on june 15-18, egypt will be a strange guest we focus, in general, on indicators last year. actually, at the moment we are ahead of the pace of last year's confirmation am

only in burger king now economic news march following the results of yesterday's meeting, the us federal reserve rate immediately by 50 points. da rom had the possibility of an increase of even 75 points and the possibility of drastic measures. the fed is preserved in the future more on this a little later, but, and i'll start here, with what moscow entrepreneurs together with the minister of economic development maxim reshetnikov, they called large banks and tried to apply for a preferential loan from minakov. razvitie annually monitors how the program of concessional lending is being implemented in the largest russian banks to assess the quality of program implementation; regular meetings are held with businesses and credit organizations; quantitative monitoring of the issuance of loans is carried out; business of the ministry of economic development, a study was conducted using the mystery shopper method. maxim reshetnikov also recalled the amount of funds allocated to support entrepreneurs. everything in the economy is 1.6 trillion there, that is, by the second quarter, 2/3 of the essence of

treasury yields breached the 3% mark as investors braced for a widely anticipated us federal reserve ive and negative territory throughout the session, and the 10—year treasury yield touched its highest level in more than three years. joining me now is gervais williams, head of equities, premier miton. look, premier miton. what's going on, been pretty look, what's going on, been pretty volatile but a lot more investors to get their head around? ~ . , . ., around? we are expecting a ma'or around? we are expecting a major interest _ around? we are expecting a major interest rate - around? we are expecting a major interest rate rise - around? we are expecting a major interest rate rise this| major interest rate rise this week the biggest one for the last 20 years in the us, half a percent, it could be more, it could be up to three quarters because as we get closer to the elections later in the year gets harderfor the federal reserve to interest rates, expect half a percent this year, on wednesday, also an interest rate from the bank of england half a percent, we have seen on australian i

for an hour to the news of the economy, following the results of yesterday's meeting, the us federal reserve base rate immediately by 50 points, there was a possibility of an increase even by 75 points. i'll tell you more about this a little later, she'll start. this is why gas traders in the heart of europe will enrich themselves in poland, a virtual reverse went from italy to france , in fact, gas from germany, but now supplies are processed in such a strange way in warsaw it would be much cheaper to buy gas directly for rubles, but for political reasons , of course, it will not do this. at the same time , some strange priority appeared in terms of preparing for the next winter. apparently. this is a bonus for the constant anti-russian provocations , according to gazprom, on average, europe's underground storage facilities are now only a third full. but in poland by 80%. at the end of april, the company warned that if large bulgaria would independently select gas for third countries from their gas transmission systems will have to reduce by an appropriate amount this already within the eur

because bmw decided to suspend production, except for bmw on the car. collect hyundai and kia the us federal reservethe key rate at the fastest pace in 20 years immediately half a percentage point new range of 0.75 1%. fed's determination. it is explained by the difficult task of overcoming the strongest inflation in the us in 40 years, but despite the fact that money will now become more expensive than american stock exchanges following the results of yesterday's trading. this reaction has already grown powerfully at the press conference of the head of the fed. jerome powell. he said a more dramatic increase. federal reserve rates were not considered, so stockbrokers made an optimistic conclusion that while the fight against inflation does not threaten america with falling into recession. trading on the russian stock market also begins with growth due to the fact that there are no foreign players on it, the growth of american sites has domestic players. is that moral support? to a large extent, the rise on the moscow exchange is explained only by the fact that the players want to correct yesterday'

the us federal reserve has announced the biggest interest rate hike in more than 20 years, raising its benchmark by half a percentage point. it hopes the move will lower inflation, which is a 40 year high. gabriel is under as more now from washington, dc. for regard to a good, a business is good at his beloved food truck. he calls tamales, packers pueblo. but when he needs to restock the trucks, refrigerator, with ingredients he had to his local market, realizes everything has gone up in price by a lot, $6.00 for this before you could get a 4299 double in price. even the oil he uses to cook with, instead of being 40, now we pay $8042.00, because he was not alone. millions of americans are struggling to get by with inflation reaching the highest levels in decades. which is why that are reserved chair, jerome pow announced wednesday and aggressive interest rate hike of half a percentage point. we understand the hardship it is causing and we're moving expeditiously to bring it back down. the u. s. benchmark or target inflation rate is about 2 percent. he rate at which the fed believes a n

it's been 20 years now that the us federal reserve has been pursuing the wrong policy.states is introducing measures against russia against the backdrop of the war arouse the interest of a good fifty. to alternative types of development, as we saw before in the slogan, which is again on the front page now rendered, lula to give up dollars in favor of their common currency is short of pitfalls. new dynamics in new realities, obviously sergey brilev, with the assistance of david flor, to lead from the paths and roads of latin america an extended version of the special report by sergey brilev, the viewers of our misholding can see on the russia 24 tv channel and on the media platform we watch in the application or on the website we watch dot ru 22 types of equipment and more than 20,000 manufactured aircraft kazan aviation plant celebrates 95 years since its establishment during the great patriotic war , legendary bombers were assembled at the enterprise. the pe-2 today is at a new stage of development, a large-scale modernization is underway. the enterprise is stably prov

decided to suspend production, in addition to bmw, they also assemble hyundai on autotor the us federal reserved the key rate at the fastest pace in 20 years immediately by half a percentage point, that is, a new range 0.75 1%. fet's determination is explained by the daunting task of fighting the worst inflation in the us in 40 years, but despite the fact that money is now becoming more expensive in the us economy , the us stock exchange following yesterday's trading. powerfully have grown and this reaction is already at the press conference of the head of the fed. jerome pavel he said that a sharper increase in the key rate was not considered, and therefore stockbrokers made an optimistic conclusion that as long as the fight against inflation does not threaten america with falling into a recession, trading on the russian stock market is also in positive territory these minutes. uh, due to the fact that there are no foreign players on it, the growth of american sites. here, which you saw, he provides domestic players with such a maximum moral support and rise to moscow exchange. this is more of

for 20 years now, the us federal reserve has been pursuing the wrong policy.course, what kind of measures the united states is introducing against russia against the backdrop of the war arouse the interest of a kind, fifty countries in alternative types of development. as you saw before in the slogan that is on the front page? now she has given up dollars in favor of her own currency overall enough pitfalls. new dynamics in new realities is obvious sergey brilev, with the assistance of david flor, to conduct from the paths and roads of latin america an extended version of sergey brilev's special report, the viewers of our media holding can see on the russia 24 tv channel and on the media platform we watch in the application or on the website we watch dot ru 22 type more than 20,000 aircraft produced, the kazan aviation plant celebrates 95 years since its establishment during the great patriotic war at the enterprise, they assembled legendary bombers. 2 today the name is at a new stage of development, a large-scale modernization is underway, the enterprise is s

for 20 years now, the us federal reserve has been pursuing the wrong policy.he united states is introducing measures against russia against the backdrop of the war arouse the interest of a good fifty countries in alternative types of development. as you saw before in the slogan, which on the front page has now again taken out to abandon dollars in favor of their common currency, there are enough pitfalls , but the new dynamics in the new realities is obvious sergey brilev, with with the assistance of david flor to lead from the paths and roads of latin america over the past few years, the additive technology market in russia has grown 10 times. auto production only from a printer in novouralsk is the second in russia but the only one with full functionality, which provides the entire production cycle. and it's not just prints with greenery. we manufacture and powder we can and do 3d modeling and prototyping. yes, that is, we can manufacture, we can make technology for us, this will be both the foundation and the launch pad for the development of 3d printing, t

it's been 20 years now that the us federal reserve has been pursuing the wrong policy.d states is introducing measures against russia against the backdrop of the war arouse the interest of a good fifty. to alternative types of development, as we saw before in the slogan that is on the front page?

more aggressive interest rate rises to come from the us federal reserve. sri lanka.

the federal reserve. last month, the useserve raised interest rates for the first time since december 2018. now it is expected to dramatically step up the size and pace of its rate hikes to try to tame inflation, currently at a four—decade high. joining me now is thomas hanig, distinguished senior fellow at the mercatus center — he was a member of the fed's open market committee from 1991 to 2011. good to have you with us on the programme, thanks forjoining programme, thanks for joining us. programme, thanks forjoining us. as we said, the fed is expected to raise rates and expected to raise rates and expected to raise rates and expected to give a big boost to not only the pace of the rate rises but the size of them too. we know it is to try and tame inflation, we know that as a global problem but i suppose the question right now is is it enough? the question right now is is it enou~h? ~ ~ , enough? well, i think there is two parts _ enough? well, i think there is two parts to — enough? well, i think there is two parts to wh

they are 80, as i am now silent about the fact that the meeting of the us federal reserve is tonight,he key rate unexpectedly sharply, that the dollar will rise, but the ruble does not pay for everything. this is no attention pumping up the rates of the domestic currency continues the fact that russia's exports are still much larger than imports. this means that the supply of currency on the market is much greater than the demand for it on the russian stock market after the news about the sixth package of sanctions against the european union. positive the rts dollar index is not up by one and a half percent, but only because it is calculated in dollars, and the dollar is getting cheaper. s7 airlines announced that it will switch to the domestic ticket booking system. now she uses the spanish amadeos, but she will change it to the russian one called online reservation systems, abbreviated as ors. the izvestia newspaper clarifies that this will happen in october amadeus is one of the key players in the global booking market and while it does not leave russia, but the obvious 7 wants to

on wednesday, the us federal reserve raised interest rates by half a percentage point, the most aggressivee in more than two decades. it came as central banks in india and brazil unveiled their own rate rises. and in a few hours�* time the bank of england is widely expected to push up the cost of borrowing for the fourth time since december. more on that in a moment — but first this from our north america business correspondent — michelle fleury. the price of a big mac is up. consumer prices at their biggest levels forfour decades. president vibe touting his efforts to boost growth and reduce the deficit.— reduce the deficit. bringing down the — reduce the deficit. bringing down the deficit _ reduce the deficit. bringing down the deficit is - reduce the deficit. bringing down the deficit is one - reduce the deficit. bringing down the deficit is one way i reduce the deficit. bringing i down the deficit is one way to ease inflationary pressure on the economy the consequences of war and oil and food it is a different world this moment. fighting inflation is thejob of the american central bank

federal reserve chairman, they're saying that the u. s. economy can deal with it that speak to our white house correspondent, kimberly how could thank you, who is standing by for us now live. kimberly. so what else did the federal reserve chairman have to say? well, we had a chance to hear what the federal reserve had to say. now, i'll tell you what we're hearing on the streets because it's not quite as rosy. you heard there, the federal chair saying bit, you know, that there's the belief that these tools in the tool box of the federal reserve can be nimble enough to essentially combat the inflation. which is that a 40 year high in the united states right now. and what that looks like is that the cost or the price of ordinary basic goods, lake, heating your home, or the cost of a weeks worth of groceries, or even the cost of a months worth of rent that has a really skyrocket in the united states. in recent we in mud and so that is left a lot of americans hurting. that's why this interest rate has been raised. and we should point out that this increased typically it's a quarter of a percentage point. this time we have half a percentage point something we haven't s

the us federal reserve chair isn't the only central—bank but is certainly the most important one aroundound the world that's raising interest rates and unwinding stimulus measures put in place in the pandemic. this appointing earnings reports from some big names in corporate america have also added to fears that consumers are struggling with higher inflation currently at a four decade high. tipping the economy towards recession. although there are still plenty of folk here on wall street who believe the us can avoid a lasting downturn. let's bring in fiona cincotta, market analyst from city index, the largest shares in america is almost in a bear market, meaning its former huge amount already. how much further do you think shares have got to go? you think shares have got to to? , , , you think shares have got to 0? , , , ~ you think shares have got to io? , , , ~ ., go? this depends. we need to et to go? this depends. we need to get to the _ go? this depends. we need to get to the stage, _ go? this depends. we need to get to the stage, the - go? this depends. we need to get to the stage

states thought about the stability of its own currency, according to the deputy head of the us federal reservelar should not be taken for granted, she stressed that other countries are actively are working on issuing their own digital currencies and in this situation it is necessary to assess the prospects for launching a digital dollar. it is necessary to weigh the risks of the absence and introduction of a digital dollar from the us central bank, china's actions play an important role, but the central banks of europe and other regions are already far advanced in discussing the possibility of introducing their own digital currencies. and, of course, we should not take the global status of the dollar for granted . more than 13.5 thousand participants will visit the st. petersburg international economic forum about this aleksey valkov, director of the forum, said that the event will be held for the 25th time on june 15-18 . actually, at the moment we are ahead of the pace of last year's confirmation among the participants, in principle, a platform has already been formed. we can say that more t

states thought about the stability of their own currency, according to the deputy head of the us federal reserve the dollar for granted, she stressed that other countries are actively working on issuing their own digital currencies and in this situation it is necessary to assess the prospects for launching a digital dollar. it is necessary to weigh the risks of the absence and introduction of a digital dollar from the us central bank, china's actions play an important role, but the central banks of europe and other regions are already far advanced in discussing the possibility of introducing their own digital currencies. and, of course, we should not perceive the global status of the dollar as more than 13.5 thousand participants will visit the st. petersburg international economic forum, director of the forum alexei valkov said, the event will be held for the 25th time on june 15-18, egypt will be the guest country. in general, in line with last year. actually, at the moment we are ahead of the rate of confirmation of last year among the participants. e. hmm, in principle, a platform has alread

the us central bank, the federal reserve, has raised interest rates by half a percentage point — thesuch increase in more than twenty years. the move is intended to tackle rapidly rising prices, fuelled by the impact of the war in ukraine and new covid lockdowns in china. inflation in the united states is at a 40—year—high. the chair of the federal reserve, jerome powell, said the bank understood the hardship inflation was causing and was moving quickly to bring it down. he said there would be further rate rises of a similar size. the feds monetary policy actions are guided by our mandate to provide maximum employment and stable prices for the american people. my colleagues and i are acutely aware that high inflation poses significant hardship, especially on those least able to meet the higher cost of essentials, like food, housing and transportation. we are highly attentive to the risk the higher inflation poses to both sides of our mandate and we are strongly committed to restoring price stability. the rise in us interest rates hasn't done much to change the value of the dollar on

federation in the field of nuclear deterrence. it's in black and white. in which case russia will use nuclear weapons the federation reserveshe right to use nuclear weapons in response to the use of nuclear weapons and other weapons of mass destruction against it or its allies. we certainly don't want that kind of development, so the british shouldn't want that either. and one more important detail. russia has no plans to use nuclear weapons in ukraine sergei lavrov has repeatedly spoken about this, and there are no such conditions in ukraine for such a thing to be justified, the invention of such wild plans, the cia director launched into the public field william burns with his light hand and went for a walk the myth of the possible use of russian tactical nuclear weapons. then the topic was picked up by zelensky, and then boris johnson began to threaten russia with a blow, allegedly in response. let's calm down the question is too serious to grimace. and now we are gradually approaching america, where president biden also behaves intemperately, literally, forcing ukraine to fight further with money and weapons to kiev the

so remarkable and what came out about well, i mean, it is remarkable because the federal reserve is independent from the us government . and it was not just a meeting, as you mentioned earlier, between biden and power, but also the head of the treasury genet. yellen was present and see on the side was also the previous answer to jerome and paul. well, biden made it clear that the value of the independence of the federal reserve and that role paul and his colleagues can do whatever they feel rights to bring down inflation. so meaning to a certain degree, if the federal reserve wants to increase interest rates much further in the near future to bring down inflation, that is fine with the us president. even if that could mean higher interest rates, that the economy could cool down quite a bit. and also, by the way, could put pressure on and stock prices. but overall, it was very important to the president to make sure that the independence of the federal reserve is granted in caught the thanks. meanwhile, in europe, inflation has hit a record high of 8 point one percent in the countries that use the euro curr

and in the united states we had an interest rate hike from the us federal reserve.his is a massive bombshell for many - that in the united states? this is a massive bombshell for many of. that in the united states? this is a - massive bombshell for many of course and we have seen yesterday it's been absolutely abysmal as we are looking at the american stock market right now and the dow tumbled a thousand points as one of the worst days in 2020 and that's really shocking to many of us here but it's to be expected on some level as well. federal reserve chairman of course outlines some degree of a blueprint i would say as to how they plan to tackle innovation and instead of raising rates by 75 basis points they did by 50 and of course this is all in hopes to really do what they can for inflation. all americans are feeling it. it's notjust at the gas pump is is when you go to the grocery store and you are trying to get a sense of items. like me and trying to buy formula and other things for my little ones and i'm thinking to myself may crush these prices are unbelievabl

this from the point sight, i will tell you the volume of forces used by the russian federation , using absolutely everything, even using reserves, using uh, you know, quiet , quiet, we call it silent mobilization, it was not loud, why is it that mobilization is when war they could not declare war on us, they said a military operation, that's why we know that there was a quiet mobilization, etc., and they transferred a lot of troops , there was a concentration in the crimea and in belarus in different directions, the only place where we did not see an increase in the great is transnistria i and also we saw all this along the borders, nothing new happened, it was as it was when there was training, then they concentrated a large number even a year before , so it did not increase, it left , rotations came, etc. it is really so big a large volume. i think that no european country has coped with such a volume today. and the fact that they entered and uh. look, uh, it's difficult to estimate today, although the military, in principle, the military and analysts always said that if it will full-scale invasion, why, in principle, is ukra

it's not the tradition of the federal reserve and statutorily we are prescribed directly from providing those accounts. >> i would like to shift gears and discuss the use of stable coins for remittances. the federal reserve failed to use its own stable coin after we raised serious questions. however in 2021, -- a digital wallet pilot program which would facilitate remittances using a stable coin. it is not an algorithmic stable coin. i wonder if there is a potential for it to lose -- that we have seen with the algorithmic sterile coin -- stable coin tara. would the u.s. central bank digital currency provide the potential for safer and lower cost alternative to remittances? >> remittances is one of the use cases that i think is cited most often in terms of the potential benefits of a digital currency that is certainly the main motivation of some foreign central banks and -- issue a central bank currency is for remittances. as you know, remittances -- very costly. making it slow to make international remittances. that is one of the areas that is potentially seen as the most fruitful part of >> the gentleman from south carolina is now recognized for five

probably no more than $400 billion over the past two years, the us federal reserve has poured into theblic debt in the united states of america, so of course, this is the issue. e, which actually speaking of which, senator paul has already sent all these congress, which, in general. in fact, he said that we do not have this money, even these forty billion. we will go after them to borrow them from china, and this is true, because for such a sum, we will have to increase internal ones. well, outwardly, respectively, the duty of the united states of america to borrow this money on the world market is another way . here is recycling. here are these three two or three trillion dollars earlier, thrown into the economy through the repeated, so to speak, e issue of treasury securities and uh, so to speak, investing in them banks and from re-issuing dollars, so to speak, the federal reserve. well, that’s all, but what’s the problem, again, i agree, but in the fact that biden came to power, uh, carrying in his hands some packages of infrastructure development of the united states in the united

the us central bank, the federal reserve, has raised interest rates by half a percentage point, the mostive such increase in more than 20 years. the move is intended to tackle rapidly rising prices. amber heard has taken the stand at the defamation trial brought by ex—husband jonny depp, describing how she first fell in love with him. but later in her testimony, she said mr depp had repeatedly slapped her. he denies the allegations. hello, and welcome to our look ahead to what the papers will be bringing us tomorrow. with me are sienna rodgers, senior writer at politcshome�*s the house magazine, and anna mikhailova, who's deputy political editor at the mail on sunday. welcome to you both. nice to see you again. tomorrow's front pages, starting with... the metro leads with the sale of the shirt worn by diego maradona when he scored the infamous hand of god goal. it went forjust over £7 million. the main story in the ft is the half—point rise in interest rates announced in america, the biggest rise for 22 years. and it is warning of more to come. the bank of england will announce its decis

us about it. >> can you imagine the way the markets are going back and forth, james bullard, the president of st. louis federal reserve, the reset in assets has to happen because of what the federal reserve has done with tightening. and the economy museum this is one of the carts they use to move the money and you need a lot more dollar bills than are in here because of inflation. bullard, a voting measure of the fomc setting monetary policy with his vote. he said 50 basis points the last few meetings is what he expects. >> the more we confront load and get inflation, the inflation expectations the better off we will be and 23, 24 we could be lowering policy rate because we've got inflation under control. >> reporter: he said we would like to be at 3. 5% at the end of this year. if you do the math it doesn't work with the 50 basis point increase. that's up to the chairman to figure that out. the federal reserve uses rate increases to slow down the economy, suddenly enough not to spark a recession, bullard sees the economy slowing down, believes it will pick up at the end of the year and does not see a recession. >> th

ready for this from the point of view of the volume of forces used by the russian federation, and using absolutely everything, even using reserves this, you know, quietly, we call it quiet mobilization, it was not loud, it was for some reason that mobilization is when there is a war, they could not declare war to us, they said a military operation, that is why we know that there was a silent mobilization , etc. in terms of directions, the only place where we did not see an increase in great transnistria, and also we saw all this along the borders, nothing new happened, it was as it was when there was training, then they concentrated such a number even a year before that, so it did not increase, it left rotations came , etc. it's really such a large volume. i think that today no country in europe has coped with such a volume, that they entered and uh. look, uh, it's difficult to evaluate today, although the military is, in principle, the military and analysts always said if it will be a full-scale invasion, why, in principle, is ukraine not ready for a full-scale war with the russian federation, because we are simply 28 times sma

to have with us again, from citigroup, nathan sheets, global chief economist and former undersecretary of the treasury for international affairs, was public service at the federal reservetem as well. wonderful to have you with us. i want to go to stanley fisher, who you had an acquaintance with at m.i.t. a number of years ago. suddenly, the u.s. central bank head is central banker to the world. how close is jerome powell to being central banker to the world? nathan: that is certainly true during times of stress, when global markets are under duress and under pressure. they need dollars. several indications over the last few years, the fed has stepped up and provided that. but similarly in an episode like we are in right now come over central banks are struggling with is truly extraordinary set of shocks, and at inflation environment unlike anything we have seen in decades, the fed is pretty much setting the tone. as the fed has shifted more hawkish, that opened the way for a lot of central banks to be more hawkish as well. tom: one of the stresses back to 2006, we have a week singapore dollar which is usually a crown jewel of tiger economies. tell us what those economi

today we will hold a meeting of the us federal reserve system what forecasts rum expects to raise the7 eu countries the details are being specified, but the overall vector of new restrictions is already known. they are directed against the banking and oil sectors. however, in both cases, the details are most important brussels is going to disconnect a number of russian banks from swift, while gazprombank is likely to be an exception. since payments for hydrocarbons pass through it. yes, and self-shutdown experts are sure that it will not have a special effect. a general ban on, for example, transactions in dollars and euros. hmm , almost impossible for any bank to overcome. though you are disconnected though not disconnected from the swift central bank. thank god, we provided our own national transaction system, and therefore, in this sense, banks will not be disconnected from the fast payment system. here is a different kind. well , financial transactions within russia by the way, regarding the payment for gas in rubles, the european commission in words is against this form of calcul

the bank of england put up rates last week, the us federal reserve in america put up rates. ple money to cover the cost of borrowing. there have been calls from labourfor an emergency budget in this country but now business groups are making similar noises, saying, we need something to happen now. it's all well and good saying as adam was saying, making these what some people might call small interferences, they need something quite big and substantial now, is what business groups are saying. thank you very much. i'm nowjoined by susan stalker who says she has to pick between eating and using hot water or her car. hello to you. hi, how are you? i'm all riaht, hello to you. hi, how are you? i'm all right. thank— hello to you. hi, how are you? i'm all right, thank you. _ hello to you. hi, how are you? i'm all right, thank you. how - hello to you. hi, how are you? i'm all right, thank you. how are - hello to you. hi, how are you? i'm all right, thank you. how are you? | all right, thank you. how are you? and is it ok to ask about your financial situation right now? you are more

breaking news now, the us central bank, the federal reserve, has raised interest rates by .5%, the mostpidly rising prices fuelled by the war in ukraine and new lockdowns in china. inflation in the us is in a a0 year high, president biden has received some criticism for the stimulus he injected into the economy when he became president last year in an attempt to overcome the economic effects of covid. that rate rise will be looked at closely in this country because tomorrow at midday, the bank of england's monetary policy committee is due to announce whether or not it will alter uk interest rates. that position will come at mid day, you'll find it here on bbc news. the european union has announced plans for a total ban on oil imports from russia by the end of the year. around three—and—a—half million barrels of russian oil are imported into the eu every day — in return, russia is being paid up to half a billion dollars a day for it. the proposed ban on russian oil is one of a number of tough new measures being put forward by the european commission to intensify the pressure on russia. i

european commission, the european central bank and even more by the bank of england and the us federal reservehe economy. how much the financial system and as a result, a situation has been created where, in the west, no economic reforms have been made in response to the crisis and there is no restoration of industry there. they didn't take trump blocked, huh? and there is only one thing left, this is the inflationary wave. here are the prices. they must rise all the time in the world market , because the money for this rise in prices is already prepared, they proceed on the commodity market, and this guarantees that russia, china, india, yes, and brazil and some other countries are fairly large economies, new centers of development. they will take this benefit, and they will grow for the next 20 years, develop dynamically, get richer and that's it. this will happen due to the fact that the west will lose its position. and these countries will acquire their position in the world system and they understand, at least at the level of american analysis of american analysts and the british that thi

is global, and so was the reaction, | is global, and so was the reaction, with the us federal bank, the federal reserveaster than they have in 22 years. inflation is much too high, and we understand the hardship it is causing. and we are moving expeditiously to bring it back down. today, the bank of and raised interest rates for the fourth time interest rates for the fourth time in a row. the first time that has happened since 2007.— happened since 2007. global inflationary — happened since 2007. global inflationary pressures - happened since 2007. global inflationary pressures have . inflationary pressures have intensified sharply in the build up to and following the invasion. this has led to a material deterioration in the outlook for world growth. this is what the bank of england's official interest rate is now, the highest in 13 years. but not very high, because for the last 13 years they have been at emergency rates. look at the historic average for the bank of england's rate, 7.2%. then if you look at the highest it has been, in 1979, 17%. interest rates, when inflation was last this high 30 year

that signals us -- sets us up for the federal reserve. before we get to the boe on thursday.ex with gains of .7% - the dax with gains of .7%. the ftse 100 lower by .2%, part of this is basic resources, one of the sectors in the red this morning. let's see how sectors are breaking down as we wailed earnings, the inflation picture and the prospect of further tightening. bnp paribas is a component in this, coming up with strong results. banking sector getting close to 2% currently. i deal from stellantis to buy a joint venture from bmw and mercedes. basic resources down .3%, food and beverage also lower by .3%. francine: it is fed day tomorrow, all eyes on the central bank tightening cycle as the rba picked up what could be a week of pipes. our next guest says emerging markets can deliver positive returns even as inflation accelerates. we are speaking to the cohead of global fx and em strategy at goldman sachs, thank you for making us smarter on he on, what do you buy right now? kamakshya: i think emerging markets are a picture of both resilience, and fragility on the other. it

none of of them can do math .us obviously you just saw the heada of the federal reserve and the former head of the federal reserve tell young this was t gg to be transitory, transitory. that was the best they couldnd do. behind the reassuring happy talk, they were in factic starting to panic because this was not at all what they had expected or predictedli in public. in fact, in september 17 winnersc. the nobel prizewa in economics, an awardre that suggests the winner understandsth economics, signed a public letter urging joe biden a to spend two trillil dollars more because inflation was no longer a concernge. there was no way we would get inflation and we're quoting the bill's. better package wrote these economists will transform the u.s. economy to be more efficient without presenting ann inflationary threat. so trillions in new government spending, we're going toe make this country more efficient. but we would never get inflationieou. it was hard to see even to not t an economist how that could be true. so this spending these trillions were on top of trillions that joe biden had al

the way this is measured as the data set that the federal reserve uses to measure money supply.ey supply is not just going up, our money supply is going up faster than it ever has in american history. it stands at more than $22 trillion. for reference, on february 3rd 2020, it was at 15.3 trillion. if you don't have a calculator handy, a 43% jump in our nation's money supply in just over two years. so what is the result? the result is predictable and obvious. inflation is going much faster then say, europe, where they didn't spend so much on stimulus. none of this is his fault, this predates putin's invasion of ukraine. you don't need to be a right winger to acknowledge that, even cnn is acknowledging it. >> biden is going to the putin price hike. >> they like to call it about the putin price hike, but they were soaring even before the war began. inflation was an issue before we even started talking about ukraine. >> there we heard that white house line that is due to president putin's price hike. one thing that is still out there is whether or not this is working. especially wh

it's been 20 years since the federal reserve the us system is pursuing the wrong policy.t the united states is introducing measures against russia arouse the interest of a kind, fifty countries in alternative types. development as we saw earlier in the slogan, which is now on the front page once again, lula to abandon dollars in favor of its own common currency has enough pitfalls. new dynamics in new realities, obviously sergey brilyov, with the assistance of david flor to lead from the paths and roads of latin america, an extended version of this material sergey brilyov, see on the channel russia 24, as well as on the online platform. the rostov region is launching its own production of cheeses with noble blue mold , they will be cooked at the enterprise, picturesque cossack village, where commander brie and stracciatella learned how to make even after the first wave of anti-russian sanctions, for this they bought modern equipment, they began to grow special feed for cows, and as a result, the cheese turned out to be quite gourmets among them were also convinced of this