5 Things You Need To Know, Today, on Wednesday 22nd March 2023
Episode 1286, Mar 22, 2023, 06:34 AM
3 of 5 business stories featured in today's 90 second podcast
3. The International Monetary Fund (IMF) says it has reached a staff-level agreement with Ukraine on funding worth $15.6bn (£12.8bn).
The organisation's first loan to a country at war is expected to be approved in the coming weeks.
(Click here to read more)
2. The US Federal Reserve, the biggest central bank in the world will announce whether they will raise interest rates later, at 6pm UK time.
Just two weeks ago, Chairman Jerome Powell warned the bank might need to raise interest rates further and faster than expected but two banking failures in the US this month have raised fears about the health of the financial system and lead many analysts expect officials to raise rates by just 0.25 percentage points, or perhaps hold off on an increase entirely.
(Click here to read more)
1. The cost of living in the UK as represented by the Consumer Price Index (CPI) for February, is due at 7am this morning.
The headline CPI inflation is forecast to decline further from the 41-year high marked in October while easing to 9.9% YoY in February, versus 10.1% to the year in January.
(Click here to read more)
3. The International Monetary Fund (IMF) says it has reached a staff-level agreement with Ukraine on funding worth $15.6bn (£12.8bn).
The organisation's first loan to a country at war is expected to be approved in the coming weeks.
(Click here to read more)
2. The US Federal Reserve, the biggest central bank in the world will announce whether they will raise interest rates later, at 6pm UK time.
Just two weeks ago, Chairman Jerome Powell warned the bank might need to raise interest rates further and faster than expected but two banking failures in the US this month have raised fears about the health of the financial system and lead many analysts expect officials to raise rates by just 0.25 percentage points, or perhaps hold off on an increase entirely.
(Click here to read more)
1. The cost of living in the UK as represented by the Consumer Price Index (CPI) for February, is due at 7am this morning.
The headline CPI inflation is forecast to decline further from the 41-year high marked in October while easing to 9.9% YoY in February, versus 10.1% to the year in January.
(Click here to read more)