Use BBC.com or the new BBC App to listen to BBC podcasts, Radio 4 and the World Service outside the UK.

Find out how to listen to other BBC stations

Episode details

World Service,14 Dec 2016,26 mins

Federal Reserve Raises US Interest Rates

World Business Report

Available for over a year

US interest rates have gone up for only the second time in a decade. Chris Low of FTN Financial analyses the latest move for us. Also in the programme, Nigeria's President Muhammadu Buhari has unveiled a big-spending budget. The BBC's Martin Patience in Lagos brings us the details, plus we hear from Uzoma Dozie, chief executive of Nigeria's Diamond Bank. The main US environmental watchdog says the controversial energy drilling technique fracking can pose a threat to drinking water. We discuss the issues with Jesse Coleman of Greenpeace USA, and Chris Tucker of Energy in Depth, a group which represents the interests of US oil and gas companies. Plus Google has revealed its most searched for questions of the year. We hear more from Google's Alina Dimofte. (Picture: The Federal Reserve building. Picture credit: Getty Images.)

Programme Website
More episodes