The fed raises Interest Rates and says it will start unwinding its 4. 5 trillion stimulus programme. But is the us economy really Out Of The Woods . Plus roam if you want to. The eu scraps extra mobile charges for travellers from today after a decade long battle. But will users end up footing the bill anyway . Welcome to World Business report. Im sally bundock. Also coming up the end of an era forjapan inc. Toshibas set to sell off its Chip Division as it battles for survival. We start in the us where the central bank, the Federal Reserve, has raised the cost of borrowing, as was widely expected. Its the second increase in three months, and comes despite some fairly mixed data on the health of the us economy. Lets show you the details. The fed has raised its main Interest Rate by 0. 25 . That takes its target range to between 1 1. 25 the highest it has been since before the 2008 financial crisis. And its set to go higher the fed is forecasting one more increase this year. It also annou
Premises. Sadly, i can confirm that the number of people who have died is now 17, and we do believe that number will increase. For our colleagues within the health service, there is still a number of people receiving treatment in hospital. 30 people receiving treatment, several in Critical Care. Like with blind yesterday, like weeks blind yesterday, the priority is identification of those missing. It will be wrong to get into numbers that i do believe our inaccurate, please get in touch with us. If you have reported somebody who was missing and you know they are safe and well, call the missing and you know they are safe and well, callthe number, so missing and you know they are safe and well, call the number, so that we can identify those we are still trying to find. My heart goes out to the family still trying to find love oiies. The family still trying to find love ones. Specially trained officers will be in touch with you to support you through this. It is going to ta ke you through