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Added on the 30/10/2016 21:54:34 - Copyright : Reuters EN
The Move Forward Party's Pita Limjaroenrat meets the press after the election. The newest force in Thai politics that channelled the energy of youth-led pro-democracy protests in 2020 has secured the most votes in the latest general election. IMAGES
Federal Reserve Chair Jerome Powell announces the Fed will hold off on raising the benchmark interest rate and will not react to temporary inflation pressures, warning that "ill-timed policy" could be "particularly harmful" as the US continues its economic recovery from the coronavirus pandemic. Kicking off an online economic symposium, Powell also stresses that the US economy is on track to return to a strong labor market despite the continued spread of the Delta variant. SOUNDBITE
Though US inflation is rising, a temporary spike above two percent will not be enough to make the central bank pull back on stimulus policies, says Federal Reserve Chair Jerome Powell. SOUNDBITE
"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
The first official budget figures since Britain voted to leave the EU show a smaller-than-expected budget surplus. As post-referendum data continues to trickle in, attention is turning to what sort of access Britain will seek with its main trading partners in the EU. Kirsty Basset reports.