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plus the crypto crash deepens. could it spell disaster for el salvador s multi million dollar gamble on bitcoin? we start in the us where the federal reserve has announced the biggest rise in borrowing costs in 28 years. the fed raised its key interest rate by three quarters of a percent and signalled more big increases are on the cards. as our correspondent michelle fleury reports, from washington, it s battling to control the worst inflation in four decades. intensifying its five figure inflation which is currently at a a0 year high reserve raised its key interest rate by three quarters of a percentage point to a range of 1.5 to one and three quarters of a percent, move that will push up borrowing costs for and company. us interest rates haven t been hiked by this much in one go since bill clinton was in the white house in 199a, the size of the mood something federal chair reflected on during his press conference. clearly the 75 basis point is an unusually large ....
Year s weddings and the extra demand of people ready to go out and enjoy themselves, the horse racing events like ascot. in terms of challenges, are you affected by supply chain issues like with materials or has that unaffected the heart industry? of course, moving stuff from of course, moving stuff from country to country, supply chains, yes, there have been issues. 0ther remit it isn t very bad, we ve done well with planning but some things are taking a lot longer to arrive than they should have and sometimes you have to go, 0k, what can i do instead? as milliners, it s ourjob to be creative. milliners, it s our “0b to be warmth milliners, it s our “0b to be reativefi milliners, it s our “0b to be creative. , ., , creative. briefly, what is the most expensive creative. briefly, what is the most expensive had - creative. briefly, what is the most expensive had you i creative. briefly, what is the i most expensive had you made it? it was one should be going to ascot this yea ....
Luxury hat makers have had a tough time during the pandemic, so is 2022 the year they make a comeback? beverley edmondson is a hat maker, otherwise known as a milliner, and speaks on behalf of the british hat guild. we are loving your gorgeous hat that you are wearing. good morning. is this the most important event of the year for the heart industry? absolutely. m dia the heart industry? absolutely. my diary is the heart industry? absolutely. my diary is so the heart industry? absolutely. my diary is so good the heart industry? absolutely. my diary is so good all- the heart industry? absolutely. my diary is so good all around | my diary is so good all around us this is the peak of our industry. in us this is the peak of our industry- us this is the peak of our industry. us this is the peak of our indust . , ., ., , industry. in terms of how it s been impacted industry. in terms of how it s been impacted by industry. in terms of how it s been impacted by the - industry. in t ....