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	Podcast:		World Business Report
	Episode:		Update: US Interest Rate Rise
	Category:		Business
	Duration:		00:17:08
	Publish Date:		2018-06-13 17:17:00
	Description:		The US Federal Reserve raised the target federal funds rate by 0.25%, taking it to 1.75% to 2%. Officials aim to head off excessive inflation with higher rates and think the US economy can handle higher borrowing costs. We hear from Susan Schmidt, senior portfolio manager at the Westwood Holdings Group in Dallas and economist Irwin Stelzer of the Hudson Institute. What's in a name? A lot if you are Macedonian. The country has resolved a 27 year dispute with Greece by agreeing on a major rebrand - it'll be known as the Republic of Northern Macedonia. Journalist Borjan Jovanovski tells us what the locals think. Plus, it's been announced that the 2026 soccer World Cup will be held in the United States, Canada and Mexico. We hear from Brian Sciaretta at American Soccer Now.
	Total Play:		0