The US Federal Reserve cuts rates second time in a row
America’s central bank has announced rate cut - to 4.5% from 4.75%. It's been the second time in a row that the US Federal Reserve has lowered interest rates.
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.
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- Thu 7 Nov 2024 22:32GMTΒι¶ΉΤΌΕΔ World Service