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 north america business correspondent samira hussain to explain what it all means. last year, the federal reserve raised interest rates at the fastest rate since the 1980s, and it seemed to have helped inflation a little. but that labour market, it remains resilient. the lastjobs report showed a blockbuster increase of more than 500,000 jobs added injanuary. that s why the fed chair, jerome powell, bas
UKtech50 2024: Vote for the most influential person in UK IT
computerweekly.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from computerweekly.com Daily Mail and Mail on Sunday newspapers.
Iain Becomes a Non-Executive Director of the Lending
iaindale.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iaindale.com Daily Mail and Mail on Sunday newspapers.
Lending Standards Board Appoints Powerhouse Trio As Non-Executive Directors
mondovisione.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondovisione.com Daily Mail and Mail on Sunday newspapers.