Fed Chairjerome Powell explained why central bankers were moving towards Holding Rates Higherfor longer. Economic rates higher for longer. Economic Activity Rates higherfor longer. Economic activity has been stronger than we expected, stronger than we expected, stronger than we expected, stronger than i think everyone expected. And so what youre seeing is this is what people believe, as of now, will be appropriate to achieve what were looking to achieve, which is progress toward our inflation goal. Central bankers now project higher growth and lower unemployment for next year. If theyre right, the us will have avoided a long feared avoided a long fea red recession. Avoided a long feared recession. The decision gives policy makers more time to assess whether theyve done enough over the last 18 months to tame inflation. Remember, the fed began lifting Interest Rates from near zero back in march 2022. Central banks here in asia keep a close tab on the fed because us Interest Rates strongl
To have leroy sanes shot covered but he palmed it into the net at the allianz arena. The german champions were 2 0 up at the break before rasmus hojlunds first united goal gave the visitors hope but they were always chasing the game, harry kanes penalty made it 3 1 and teenager mathys tel scored what proved to be the decisive goal for bayern in a deserved win. United manager erik ten hag refused to let his goalkeeper take sole responsibility for the defeat after that early clanger. In football, there will always be mistakes. And there was one mistake. So we also dont make it bigger than it is. And as i said already, it was not only andre in that goal and a bit more. And after that, he made, in the second half, great saves for us. So he shows his capabilities and he will bounce back. He will. And he is an important player. After a six year absence from the Champions League, arsenal looked right at home thrashing dutch League Leaders side Psv Eindhoven 4 0 at the emirates. They went ahea
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in istanbul against galatasaray. they threw away a two goal lead with 25 minutes to play. they now have to beat bayern munich in their final group game. but they could already be out by then if the german champions lose to fc copenhagen. that match has kicked off in the allianz arena. it is goalless still not goalless, so there is still some hope. psv eindhoven have kept themselves in contention in group b beating sevilla 3 2. sevilla are out. that s in arsenal s group who just need a draw to reach the last 16 3 0. real madrid are already through, they are playing second placed napoli. they ve come from behind but now lead 2 1. jude bellingham real sociedad and inter milan are both through from group d, neck and neck on ten points. who else? it s all about who finishes top. they re playing benfica and salzburg. inter milan intermilan are inter milan are losing to inter milan are losing to benfica. the england captain owen farrell won t take part in next year s six nations cha