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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
Morning Brew
6 mins to read

Strike action cripples the UK; US Fed downshifts to 50bps hike

And the 'Harry & Meghan' doco smashes debut records for Netflix.

Harry and Meghan.

Dita De Boni Thu, 15 Dec 2022

Mōrena and welcome to Thursday's wrap of what’s been going on around the world overnight.  

The US Federal Reserve has slowed down its pace of interest rate hikes, raising the benchmark rate by 50 basis points to a 4.25% to 4.5% target range.

Rates were now projected to end next year at 5.1%,

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Dita De Boni Thu, 15 Dec 2022
Contact the Writer: dita@nbr.co.nz
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Strike action cripples the UK; US Fed downshifts to 50bps hike
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