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Michael Race on Muck Rack

Michael Race

Verified
  • Senior Business and Economics Reporter, BBC
United Kingdom
As seen in: BBC, BBC News Indonesia, G1 Globo, MSN, MSN Australia, MSN Singapore, UOL, UOL Notícias, BBC Afrique, BBC Mundo, BBC News and
Senior business and economics journalist for @BBCNews ✍🏼. 📩 Michael.Race@bbc.co.uk | Chairman @Cumnorcricket | #NUFC
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Articles

'No magic wand' to tackle high prices, Fed boss says as US interest rates held

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By Michael Race Verified
| Currently
The boss of the Federal Reserve said there is no "magic wand" to ease the cost of living for Americans as it held interest rates steady for the fifth time in a row. Rates were left unchanged, as broadly expected, between 3.5% and 3.75% on Wednesday, but concerns remain that inflation could increase in the coming months due to the ongoing conflict in the Middle East. Fed chairman Kevin Warsh repeated his pledge to bring down inflation but admitted it would take time.
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US interest rates held for fifth time in a row

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By Michael Race Verified
| Yahoo Finance Verified
US interest rates have been held for the fifth time in a row by the Federal Reserve. The decision, which was broadly expected, means rates remain between 3.5% and 3.75%. Higher interest rates make borrowing more expensive for people wanting to secure loans, mortgages and credit cards, but can lead to better returns on savings.
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Why Trump sama Nigeria, South Africa and odas wit fresh tariffs - full list of countries

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By Michael Race Verified, Francisco Velasquez Verified, Jemma Crew Verified, Osmond Chia
| BBC Verified
Wetin we call dis Video, BBC Samira Hussain explain di impact of Trump tariffs on US Article Information Author, Michael Race Author, Francisco Velasquez Reporting from, New York Author, Jemma Crew and Author, Osmond Chia Published one hour wey don pass Read am in 5 mins US don put fresh tariffs (import tax) on goods wey dey come from about 60 countries and trading partners as part of di trade war wey President Donald Trump revive afta e return to office last year.
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