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World Business Report

First broadcast 27/07/2022 22:32 GMT : Fed doubles down on interest rate hikes

Duration: 27 minutes

on BBC World Service News Internet

Available for over a year

For the second month running, the US Federal Reserve has upped its interest rate. The central bank has increased the cost of borrowing by 0.75% in an attempt to control prices. Show more

BBC World Service News Internet

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The BBC's international radio station

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This data is drawn from the data stream that informs BBC's iPlayer and Sounds. The information shows what was scheduled to be broadcast, meaning it was/is subject to change and may not be accurate. More