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Episode details

World Service,07 Nov 2024,26 mins

The US Federal Reserve cuts rates second time in a row

World Business Report

Available for over a year

America’s central bank has announced a quarter-point rate cut - rates down to 4.5% from 4.75%. It's been the second time in a row that the US Federal Reserve has lowered interest rates. Mostly because the inflation continues to ease and a Trump presidency hangs over the central bank. We hear from economists what will happen next. Also, Rahul Tandon talks to Everett Eissenstat, a former Trump trade adviser. And we look at German economy and find out why the Japanese car giant Nissan has announced plans to cut 9000 jobs from its global workforce. You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. We would love to hear from you!

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