Home > US Fed says 'ongoing' rate increases will be needed

Business
US Fed says 'ongoing' rate increases will be needed

Description

Federal Reserve Chair Jerome Powell says that "ongoing increases" in the policy rate will be "appropriate," as the Fed escalates its battle against the wave of price increases battering the US economy by raising the benchmark interest. SOUNDBITE

Added on the 16/03/2022 20:04:53 - Copyright : AFPTV - First images

To customise your video :

Or Create an account

More videos on the subject

  • US Fed raises key interest rate 0.75 point amid red-hot inflation

    The Federal Reserve has raised the key US interest rate again and says more hikes are coming as it battles soaring prices -- an aggressive stance that has raised fears of a recession. It is the third consecutive increase of 0.75 percentage point by the Fed's policy-setting Federal Open Market Committee (FOMC), continuing the forceful action to tamp down inflation that has surged to the highest in 40 years. SOUNDBITE

    21/09/2022 - AFPTV - First images
  • Taming inflation will inflict 'pain' on Americans: Fed's Powell

    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

    26/08/2022 - AFPTV - First images
  • Fed again raises US interest rate 75 basis points to fight inflation: Powell

    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

    27/07/2022 - AFPTV - First images
  • US spending and production 'have softened', says Fed Chair

    Federal Reserve Chair Jerome Powell says US spending and production data "has softened" and consumer spending "slowed significantly", as the central bank decided to again raise the benchmark interest rate by 75 basis points to tame spiraling price pressures. SOUNDBITE

    27/07/2022 - AFPTV - First images
  • Bank of England follows Fed with rate hike

    The Bank of England has followed the US Federal Reserve in raising interest rates. Both economies are battling the highest level of inflation in years, and hope tighter monetary policy will curb the spiralling price rises. Also in the show - Australia's new government commits to more ambitious emissions reductions targets, and tv critics question Netflix's plans for a reality show based on the life-or-death hit Squid Game. 

    16/06/2022 - France 24 EN

More videosBusiness

Watch video of The Post-Brexit Recovery Across European Markets Has Stalled With Major Share Indexes Mixed And Safe-haven Demand For Precious Metals Helping The Price Of Silver Surge To A Near-two Year High.  But,  As Sonia Legg Reports, Trading Volumes Were Light Becasue Of The July 4 Public Holiday In The United States. - European shares end post-Brexit rally - Label : Reuters EN -
Business

European shares end post-Brexit rally

04/07/2016 15:56:29