Biden pick Ajay Banga gets top World Bank job Ajay Banga takes over as the anti-poverty lender faces pressure to do more to tackle climate change. Source
Fed raises US interest rates to highest in 16 years The US central bank announces its tenth rate rise, while signalling it may be the last increase for now. Source
US interest rates raised to highest level in 16 years Central banks in the US and Europe lift borrowing costs but the Fed hints it may hold off in future. Source