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Episode details

World Service,25 Aug 2023,26 mins

US faces more interest rate rises to cool inflation

World Business Report

Available for over a year

The US Federal Reserve chairman has said the central bank will continue to raise interest rates "if appropriate" as inflation remains "too high". Jerome Powell told an annual gathering of central bankers that the pace of price rises had fallen from a peak. The Director of the British Museum is stepping down over the way the institution under his leadership handled a series of thefts that have shaken its reputation. The international leg of Taylor Swift's Eras tour kicked off last night in Mexico City. She is on track to make one billion US dollars from her Eras tour, which would make concert history. (Federal Reserve Chairman Jerome Powell. Photo Credit: Getty Images)

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