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Added on the 31/07/2019 19:50:56 - Copyright : Wochit
"The outlook for the economy is extraordinarily uncertain and will depend in large part on our success in keeping the virus in check," says US Federal Reserve Chairman Jerome Powell during a news conference on policy amid Covid-19 pandemic. SOUNDBITE
"The path forward for the economy is extraordinarily uncertain and will depend in large part on our success in keeping the virus in check," says US Federal Reserve Chairman Jerome Powell. SOUNDBITE
Ryanair shares soared to an all-time high on Wednesday after the airline hiked its annual profit forecast by 25 percent. As Sara Hemrajani reports, it was partly due to a strong pound and strong summer fare growth, helped by bad weather in northern Europe and retrenchment by rivals.
European share markets chase the new record highs set by their Asian counterparts, with VW's leadership crisis and Unilever in focus. Hayley Platt 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 holds interest rates at a 23-year high. "Today, the FOMC (Federal Open Market Committee) decided to leave our policy interest rate unchanged and to continue to reduce our securities holdings," announces US Fed Chair Jerome Powell. SOUNDBITE
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