US holds interest rates for sixth time

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The US Federal Reserve says it needs greater confidence that inflation is easing before cutting interest rates. We get the latest from our correspondent in New York. The housing market is one of the industries most impacted by the higher cost of borrowing. We hear from buyers and sellers. And we have an exclusive interview with Pakistan's Finance Minister, Muhammad Aurangzeb, about the conditions the country has to meet after taking a loan from the International Monetary Fund. (Picture: US Federal Reserve Board Chairman Jerome Powell. Picture credit: Photo by MICHAEL REYNOLDS/EPA-EFE/REX/Shutterstock.)