Business Matters

US Fed holds interest rates at 22-year high


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The US Federal Reserve has left interest rates unchanged at a 22 year high in a bid to stabilise price rises which has reached record levels. We'll be getting the latest reaction from a business in the US.

Shares in the world's biggest offshore wind developer Orsted has fallen all because they abandoned a project to build two huge wind farms off the east coast of the United States. We hear why it seems so hard to get these developments of the ground.

And would you fancy a 70-hour working week? Well one man in India has sparked a debate in the country with this call saying young Indian professionals need to work harder and longer.

(Picture: US Federal Reserve Board Chairman Jerome Powell delivers remarks after the Fed refrained from raising interest rates. Picture credit: EPA-EFE/REX/Shutterstock)

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Business MattersBy BBC World Service

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