Description
Added on the 26/01/2022 21:05:07 - Copyright : AFPTV - First images
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 US Federal Reserve has voted to hold interest rates at a 22-year high for a second straight meeting. "Today we decided to leave our policy interest rate unchanged," announces Fed chair Jerome Powell. SOUNDBITE
Thousands march through London to call for end to the war in Gaza. IMAGES
Thousands of people march the streets of New York City demanding US President Biden and other world leaders to put an end to fossil fuels, ahead of the UN General Assembly and Climate Week. IMAGES
The US Federal Reserve is prepared to raise interest rates higher -- and hold them there -- in order to bring down elevated inflation. "We are prepared to raise rates further if appropriate, and intend to hold policy at a restrictive level until we are confident that inflation is moving sustainably down toward our objective," says Jerome Powell in a central banking conference in Wyoming. SOUNDBITE