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Added on the 31/07/2019 23:35:13 - 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 voted to pause its aggressive campaign of interest rate hikes despite "elevated" inflation, while indicating a sharp increase could be needed before the end of the year, the chairman of the central bank Jerome Powell announces during a press conference in Washington, DC. SOUNDBITE
"We’re undertaking a thorough internal review that will identify where we can strengthen supervision and regulation," US Federal Reserve Chair Jerome Powell says in Washington. SOUNDBITE
Taming high US inflation will be painful for American families and businesses, but failure to act would be even more harmful, Federal Reserve Chair Jerome Powell says Friday. SOUNDBITE
Federal Reserve Chair Jerome Powell announces a raise of the benchmark interest rate by three-quarters of a percentage point, adding that the Fed expects ongoing rate increases "will be appropriate." It is the second straight 75 basis point increase, and the fourth rate hike this year. SOUNDBITE
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