US central banks keeps interest rate unchanged and hits at just one future cut

The US Federal Reserve says it intends to bring down interest rates by the end of the year — but only once, quashing any expectations of much sharper cuts. The country’s central bank left borrowing costs on hold between 5.25%-5.5%, a 23-year high. As our correspondent Benji Hyer reports.

Written by: Leonard Witbeen

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World

Trump to nominate long-time ally as Attorney General

Donald Trump plans to nominate his long-time ally Pamela Bondi as the US Attorney General. The pick comes after his first choice to lead the Justice Department - Matt Gaetz - withdrew his name from consideration due to concern over allegations of sexual misconduct. Ira Spitzer has more.

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