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The face let's talk about the big question about whether america's central bank will raise rates one more time or take a break. as the federal reserve wraps up its may meeting later, inflation isn't the only worry — the turbulence at ailing bank first republic has revived fears about credit conditions. there are also worries about a cooling labour market. interest rates are currently at 4.75%, so what will america's central bank do and say? michelle fleury reports from westchester, new york. losing momentum — after nine rate hikes in the past year the federal reserve's efforts to cool the ...

Reserve chair jerome powell announced that the federal reserve would be raising rates another quarter of a percent, as most expected, they would. he also reiterated what we've heard a lot from the bite administration since the fall of silicon valley bank on march 10th. that americans should feel confident in the banking system. i guess our view is that the banking system is sound and it's resilient. it's got strong capital liquidity. we took powerful actions with treasury and the f d i c which demonstrate that all depositors savings are safe in the banking system is safe. deposit flows in the ...

So let's get down to business and we begin in the us where the central bank has raised interest rates by 0.25%, leaving the benchmark overnight rate in a range of 4.75 to 5%. that marks the fed's ninth increase since the start of its current tightening cycle, as the fight against rampant inflation collides with a financial sector crunch. michelle fleury is on fed watch for us in washington. the us federal reserve said the us banking system remains sound and resilient even as it warned that the set the�*s troubles could drag down economic growth. america's central bank raised funds that expec...

Announced that the federal reserve would be raising rates another quarter of a percent, as most expected, they would. he also reiterated what we've heard a lot from the bite administration since the fall of silicon valley bank on march 10th. that americans should feel confident in the banking system. i guess our view is that the banking system is sound and it's resilient. it's got strong capital liquidity. we took powerful actions with treasury and the f d i c which demonstrate that all depositors savings are safe in the banking system is safe. deposit flows in the banking system have stabiliz...

It hiked rates by quarter of a percentage point at the conclusion of its two—day meeting leaving the benchmark overnight rate in a range of 4.75 to 5 percent. it was the ninth hike in us rates since march last year, as the federal reserve also battles to rein in decades—high inflation. but it did hint that it's nearing the end of its hiking cycle. for more, i spoke with kitty ussher, the former labour treasury minister, now chief economist at the institute of directors. it wasn'tjust thejump in inflation. unemployment has remained lower than expected which is obviously great news for peopl...