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Added on the 01/11/2023 19:47:11 - Copyright : AFPTV - First images
US Federal Reserve Chair Jerome Powell announces that the US Federal Reserve has voted to keep interest rates at a 22-year high, between 5.25 percent and 5.50 percent. SOUNDBITE
The US Federal Reserve votes to hold interest rates at a 22-year high for the third straight meeting and signaled it expects to make three cuts next year. SOUNDBITE
The U.S. central bank made no changes to interest rates, and signaled there would be fewer increases this year than had previously been expected. Bobbi Rebell reports.
The U.S. central bank said it was "closely monitoring" global economic and financial developments, but maintained an otherwise upbeat view of the U.S. economy. Bobbi Rebell reports.
The U.S. central bank said it was "closely monitoring" global economic and financial developments, but maintained an otherwise upbeat view of the U.S. economy. Bobbi Rebell reports.
The Bank of England holds its interest rate at a 16-year high, insisting it was not yet the right time to cut with inflation staying high despite a fall to just above three percent. "That's encouraging. But we are not yet at a point where we can cut bank rates," he tells a press conference. IMAGES
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