in the united states where the central bank, the us federal reserve, has raised the cost of borrowing for the tenth time. the quarter percent rise puts the fed s main interest rate at between 5 and 5. 25% the highest it s been in 16 years. but has it done enough to tame inflation? or with banks struggling and recession looming, has the fed gone too far? our north america business correspondent samira hussain reports from new york. inflation remained stubbornly high, to try to get the cost of living back down to more normal levels the federal reserve has raised interest rates ten times in a little over a year, now it seems it may be ready to perhaps take a pause. the committee perhaps take a pause. the committee will perhaps take a pause. the committee will take - perhaps take a pause. the committee will take into account the cumulative tightening of monetary policy, le-s tightening of monetary policy, legs with which policy affects economic activity and inflation and ec
flu is now infecting mammals in the uk. manchester united are into the league cup final. newcastle stand between them and a first trophy for six years. hello and welcome to the bbc news channel. the energy giant shell has reported record annual profits of £32 billion in 2022, more than double what it made this in the previous year. the profits are the biggest in the firm s history boosted by higher energy prices since the start of the ukraine war. shell has already said it will pay tax in the uk for the first time since 2017 as a result of the government s windfall tax. i m joined by our business editor simonjack. morning, simon. of these massive profits in context. the morning, simon. of these massive profits in context. profits in context. the highest in the shell s profits in context. the highest in the shell s 115 profits in context. the highest in the shell s115 year history, - profits in context. the highest in i the shell s115 year history, double what it mad