Description
Added on the 29/03/2016 22:15:49 - Copyright : Reuters EN
Fed Chair Janet Yellen says global risks and a U.S. hiring slowdown warrant a cautious approach to raising interest rates. Rough Cut (no reporter narration).
Global risks and hiring slowdown in the United States warrant a cautious approach to raising interest rates, says Fed Chair Janet Yellen. Bobbi Rebell reports.
"My colleagues and I are acutely aware that high inflation imposes significant hardship as it erodes purchasing power," US Federal Reserve Chair Jerome Powell says in Washington. 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
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 raises its benchmark lending rate to the highest level since 2001 to tackle above-target inflation, and signaled the possibility of further increases ahead. SOUNDBITE