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World Business Report: First broadcast 22/03/2023 22:32 GMT : The Fed raises rates again

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The Fed raises rates again

First broadcast 22/03/2023 22:32 GMT 

First broadcast 22/03/2023 22:32 GMT : The Fed raises rates again

BBC World Service - World Business Report, The Fed raises rates again

It's the ninth interest rate rise in a row by the US Federal Reserve

US Federal Reserve chairman Jerome Powell announced the 0.25% rate increase saying the Fed is focused on tackling inflation.

For the ninth time in a row, the US Federal Reserve has increased interest rates, up by 0.25%. Announcing the rise Federal Reserve chairman Jerome Powell said the Fed is focused on tackling inflation. Roger Hearing gets reaction from both Wall Street and Main Street to the news.

Argentina's economy expanded in the fourth-quarter of 2022, despite inflation of 102% in the country. We hear what's behind the economic growth in the face of huge pressures.

And we get the latest from Florida, where the world's first launch of a 3D printed rocket is due to take place.

(Picture: A trader reacts as Federal Reserve Chair Jerome Powell is seen delivering remarks on a screen, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 22, 2023. Cedit: REUTERS/Brendan McDermid)

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First broadcast 22/03/2023 22:32 GMT : The Fed raises rates again

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