BBCNEWS World Business Report July 6, 2024
that's the warning vfrom the head of america's 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. that's been enough to spook investors. it sent us financial markets tumbling. the dow, nasdaq and s&p 500 all saw a sell—off after powell's comments. similar story in asia with hong kong's hang seng. and here's our no...
Source: archive.org