US Federal Reserve fights inflation with third 0.75% rate hike
The US Federal Reserve has raised interest rates by 0.75, for the third time in a row, bringing America's borrowing costs to the highest level since 2008. Like other central banks, the Fed hopes to tame inflation, which is hovering near 40 year highs. Also in the show - the German government nationalises gas giant Uniper, and France 24 correspondents Lilia Blaise and Fadil Aliriza report on food shortages in Tunisian shops.
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The US Federal Reserve has raised interest rates by 0.75, for the third time in a row, bringing America's borrowing costs to the highest level since 2008. Like other central banks, the Fed hopes to tame inflation, which is hovering near 40 year highs. Also in the show - the German government nationalises gas giant Uniper, and France 24 correspondents Lilia Blaise and Fadil Aliriza report on food shortages in Tunisian shops.
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