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US faces more interest rate rises to cool inflation

The US Federal Reserve chairman has said the central bank will continue to raise interest rates "if appropriate" as inflation remains "too high".

The US Federal Reserve chairman has said the central bank will continue to raise interest rates "if appropriate" as inflation remains "too high". Jerome Powell told an annual gathering of central bankers that the pace of price rises had fallen from a peak.

The Director of the British Museum is stepping down over the way the institution under his leadership handled a series of thefts that have shaken its reputation.

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(Federal Reserve Chairman Jerome Powell. Photo Credit: Getty Images)

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27 minutes

Last on

Fri 25 Aug 2023 22:32GMT

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  • Fri 25 Aug 2023 21:32GMT
  • Fri 25 Aug 2023 22:32GMT