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
closing of access to asylum in the uk for people arriving irregularly, we believe it s a clear breach of the refugee convention. they will enable us to take a very bold and forward leading steps in order to reduce the rights of people to claim and to thwart their removal. the bbc is to speak to one of its highest paid presenters, gary lineker, after he criticised the government s immigration plans on social media. he bbc investigation reveals how scammers and con people out of hundreds scammers and con people out of hundreds of millions of dollars. hello and welcome to bbc news. the un secretary general, antonio guterres is in ukraine to hold talks with president zelensky about the continued export of ukrainian grain. brokered by the united nations and turkey lastjuly, and secured with russia, the deal enabled the shipping of ukrainian grain from odesa via the black sea, through the bosphorus strait and istanbul. but, now the deal is up for renewal and russia has signalled t
China plans to reform the way banks calculate deposit rates, setting new ceilings of up to 75 basis points above the benchmark rate for some lenders, sources said.