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Added on the 04/04/2023 16:13:01 - Copyright : AFP EN
"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
Images of a press conference in Bern by UBS and Credit Suisse leadership and Swiss officials. UBS will take over its troubled Swiss rival Credit Suisse for $3.25 billion following crunch talks Sunday aimed at stopping the stricken bank from triggering a wider international banking crisis. IMAGES
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
US Federal Reserve Chair Jerome Powell says it is "essential" to bring down inflation for the US to have "sustained period of strong labor market conditions that benefit all." The Federal Reserve on Wednesday raised the benchmark lending rate by a half percentage point in its ongoing effort to contain the highest inflation in four decades. SOUNDBITE
Ariana Grande teared up as she and her 'The Tonight Show' co-host Jimmy Fallon reflected on the Manchester terrorist attack nearly a year on.
Claire Foy admitted it has been a "surprise" to be at the centre of a media storm over the pay gap controversy on 'The Crown'.
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