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Business Matters: US Federal Reserve to raise interest rates

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02/02/2023 GMT

US Federal Reserve to raise interest rates

BBC World Service - Business Matters, US Federal Reserve to raise interest rates

The Federal Reserve said it was raising its key rate by 0.25 percentage points.

The US central bank has raised interest rates again in a bid to curb inflation. The Federal Reserve said it was raising its key interest rate by 0.25 percentage points.

The US Federal reserve are taking a measured approach to the US inflation as they raised interest rates by 0.25 percentage points. This marks the smallest increase since last March, after a series of aggressive rate hikes last year.

The United States and its allies have imposed further sanctions on Myanmar’s military rulers amid deepening conflict two years since the military seized power in a coup. We hear how this is affecting the country.

And how do you like your coffee in the morning? We will be finding out just how much caffeine you are consuming in your daily espresso or cappuccino.

(Picture: Federal Reserve Building in Washington, DC Picture Credit: Getty Images)

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