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Added on the 11/02/2016 20:43:25 - Copyright : Reuters EN
The Bank of England holds its interest rate at a 16-year high, insisting it was not yet the right time to cut with inflation staying high despite a fall to just above three percent. "That's encouraging. But we are not yet at a point where we can cut bank rates," he tells a press conference. IMAGES
"I still have more high probability for 2024 to break the record," explains the World Meteorological Organization's (WMO) chief of climate monitoring, Omar Baddour, during a presentation of the annual State of the Climate report. "January was the warmest January on record (...) we have already signs of going through a very warm year in 2024," he adds. SOUNDBITE
The US Federal Reserve has voted to hold interest rates at a 22-year high for a second straight meeting. "Today we decided to leave our policy interest rate unchanged," announces Fed chair Jerome Powell. SOUNDBITE
US Federal Reserve Chair Jerome Powell announces that the US Federal Reserve has voted to keep interest rates at a 22-year high, between 5.25 percent and 5.50 percent. SOUNDBITE
Eurozone inflation is likely to stay higher for longer than expected but is still set to come down later this year, European Central Bank chief Christine Lagarde says. SOUNDBITE
The puzzling disappearance of a Montana mother and son is one step closer to being solved after police found their bodies and a detained a person of interest.
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