US Federal Reserve hikes interest rate to highest since 2007

BrunGa

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US Federal Reserve hikes interest rate to highest since 2007 The US Federal Reserve has hiked its key interest rate by 0.25%, to the highest level since 2007. America's central bank has slowed the pace of rate rises, as inflation cools. But Fed Chair Jerome Powell said the changes to monetary policy would be 'ongoing' as 'appropriate.' Also in the show - as the UK faces sweeping strikes, how is wage growth keeping up with consumer prices? And with less than a month until the general election, Nigeria faces a cash crunch.
 
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