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Home > World Business Report > The US Federal Reserve cuts rates second time in a row
Podcast: World Business Report
Episode:

The US Federal Reserve cuts rates second time in a row
Category: Business
Duration: 00:26:28
Publish Date: 2024-11-07 23:03:00
Description:

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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