Blockbuster Increase News Today

and driving hands free around the streets of london, we take a look at the driverless car that may be a gamechanger. lets now get down to business. lets start in the us, where it looks like interest rates will be headed higher and higher. speaking to a senate committee the chair of the federal reserve, jerome powell warned more action might be needed to stabilise prices and tame inflation. many analysts had been expecting another quarter percent rise when the fed meets later this month...

thats the warning vfrom the head of americas central bank, the federal reserve. jerome powell warned more action might be needed to stabilise prices and keep inflation in check. many had been expecting another quarter percent rise in interst rates when the fed meets later this month, but after those comments, there are predictions that the rise could be even bigger. thats been enough to spook investors. it sent us financial markets tumbling. the dow, nasdaq and s&p 500 all saw a sell�...

Correspondent samira hussain reports from new york. last year, the federal reserve raised interest rates at the fastest rate since the 1980s and it seemed to have helped inflation a little but the labour market remains resilient. the lastjob through sport showed a blockbuster increase of more than 500,000 jobs added injanuary. that is why the feta chatjerome powell basically said you can probably expect faster rates because our trying to call the economy down. . , ., . ., ., down. the latest eco...