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,01 Nov 2023,26 mins

US Fed hits pause on interest rate hike

World Business Report

Available for over a year

The US Federal Reserve has left interest rates unchanged at a 22 year high in a bid to stabilise price rises which has reached record levels. We'll be getting the latest reaction from businesses in the US. Shares in the world's biggest offshore wind developer Orsted has fallen all because they abandoned a project to build two huge wind farms off the east coast of the United States. We hear why it seems so hard to get these developments of the ground. And would you fancy a 70-hour working week? Well one man in India has sparked a debate in the country with this call saying young Indian professionals need to work harder and longer. (Picture: US Federal Reserve Board Chairman Jerome Powell delivers remarks after the Fed refrained from raising interest rates. Picture credit: EPA-EFE/REX/Shutterstock)

Programme Website
More episodes