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Spike Lee and cast of "Highest 2 Lowest" hit the red carpet in Cannes

By AFP (Glomex) 19 May 2025 205 Views
Source: AFP (Glomex)

US director Spike Lee is joined by A$AP Rocky and Denzel Washington as the cast and crew of his new film "Highest 2 Lowest" hit the red carpet in Cannes. IMAGES

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US Fed chair says tariff hikes this year to raise prices

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US Federal Reserve Chair Jerome Powell says that tariff hikes this year "are likely to push up prices and weigh on economic activity," as President Donald Trump's levies begin rippling through the economy. The impact of tariffs could be persistent, and avoiding such an outcome depends on their size, how long it takes for them to pass through, and keeping expectations anchored, Powell tells reporters. SOUNDBITE

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