US central bank raises interest rate to highest level in 15 years

Video Credit: euronews (in English)

Published on November 2, 2022 - Duration: 01:06s

US central bank raises interest rate to highest level in 15 years

"We are moving our policy stance purposefully to a level that will be sufficiently restrictive to return inflation to 2%", said Federal Reserve chariman Jerome Powell.

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Jerome Powell

American attorney and investment banker (born 1953)

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