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World Business Report: First broadcast 31/01/2023 22:32 GMT : US Fed meets to decide on interest rates

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First broadcast 31/01/2023 22:32 GMT 

First broadcast 31/01/2023 22:32 GMT : US Fed meets to decide on interest rates

US Fed meets to decide on interest rates

BBC World Service - World Business Report, US Fed meets to decide on interest rates

The US Federal Reserve will decide whether to raise interest rates.

The US Federal Reserve has been holding its first monetary policy meeting of the year. They will decide whether to raise interest rates in a bid to beat inflation.

On Wednesday, the Fed will announce their first decision of 2023 for the Federal Funds rate. America's central bank raised interest rates multiple times last year, in a bid to beat surging inflation.

One of the world's fastest growing economies India will present its last full Budget before next years elections. We will be hearing from an Indian manufacturer about what the government needs to do to boost jobs.

As the European football transfer window is about to close we take a look at how many millions of dollars is expected to be spent on the players.

(Picture: A exterior view of the Federal Reserve Bank of New York on January 18, 2023 in New York City. Picture Credit: Getty Images)

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First broadcast 31/01/2023 22:32 GMT : US Fed meets to decide on interest rates

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