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Added on the 14/05/2013 21:28:20 - Copyright : Splash Fashion
Summer may be over but that doesn't mean that summer fashion is too. Check out these celebrities who have ditched traditional fall fashion in favour of floral patterns.
Celebs can easily look good on the red carpet in some designer threads but we're checking out some stars who have been showing off the best chic street style.
Federal Reserve chair Jerome Powell says that the "time has come" for the United States to start cutting interest rates. "The time has come for policy to adjust," he says in a keynote speech at the Jackson Hole Economic Symposium in the US state of Wyoming, according to prepared remarks, adding: "The direction of travel is clear." SOUNDBITE
The Bank of England's governor announces a cut to its main interest rate for the first time since the Covid pandemic broke out in 2020, as British inflation has retreated in recent months. Andrew Bailey called it a "finely-balanced" decision, with policymakers agreeing on a cut by five votes to four. Bailey added, "we need to be careful not to cut rates too much or too quickly". SOUNDBITE
The US Federal Reserve left its key lending rate unchanged on and penciled in just one rate cut this year, down from the three expected in March. SOUNDBITE
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