Description
Added on the 03/05/2023 21:01:33 - Copyright : AFPTV - First images
The US Federal Reserve voted to pause its aggressive campaign of interest rate hikes despite "elevated" inflation, while indicating a sharp increase could be needed before the end of the year, the chairman of the central bank Jerome Powell announces during a press conference in Washington, DC. SOUNDBITE
"A decision on a pause was not made today," Fed Chair Jerome Powell says during a press conference when asked whether the US Federal Reserve has made the decision to pause rate hikes. SOUNDBITE
The Federal Reserve announces the most aggressive interest rate increase in nearly 30 years, raising the benchmark borrowing rate by 0.75 percentage points as it battles against surging inflation. SOUNDBITE
IMF chief Christine Lagarde defends central bank rate hikes, calling them a "necessary development", after markets plunged in response to US president Donald Trump blasting the Fed for going "crazy" with plans to raise borrowing costs again. SOUNDBITE
“Wicked” director Jon M. Chu talks about the impact of sound design with live singing on set #wicked #wickedmovie #wickedmusical #jonmchu #elphaba #glinda #popular #arianagrande #sounddesign #soundmix #movies #celebrityinterviews