Tuesday, January 11, 2022

U.S. stocks rally, reassured by Fed chief

U.S. markets climbed higher for a second day on Tuesday after Fed Chairman Jerome Powell pledged that the central bank would do what is necessary to rein in inflation.

Consumer prices are at a 40 year high in America, spurred by supply chain bottlenecks and a labor shortage.

US correspondent Toni Waterman reports.

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