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Business Matters: US Fed leaves interest rates unchanged

US Fed leaves interest rates unchanged

15/06/2023 GMT

BBC World Service - Business Matters, US Fed leaves interest rates unchanged

The US Fed leaves interest rates unchanged for the first time in more than a year

The Federal Reserve has left the US interest rates unchanged, ushering in a new phase in its battle against inflation

Roger Hearing looks at how the Federal Reserve has left the United States interest rates unchanged and steady for the first time in more than a year. However, its latest economic forecast suggest that more rate hikes lie ahead. 

Half of workers aren’t engaged on the job, putting in slightest effort to get by, according to research by Gallup. Employee engagement, a measure of involvement and enthusiasm at work, globally declined for the second year in a row. 

And the frenzy stoked by the start of the Beyonce's world tour is has been driving up prices in Sweden.

(Picture: Shopper in a supermarket in New York, in JUNE 12. Source: Getty Images)

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