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

First covered 3 hrs ago · latest take 42 mins ago. Compare how each outlet is covering it — and rate the sources you trust.

‘No magic wand’ to tackle high prices, Fed boss says as US interest rates held
MyJoyOnline
MyJoyOnline42 mins ago
‘No magic wand’ to tackle high prices, Fed boss says as US interest rates held
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.
BBC Business
BBC Business🏁 first to report3 hrs ago
Interest rates expected to be held again by Bank of England
It would be the fifth hold in a row, with the Bank rate standing at 3.75% - the lowest since February 2023.
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