The US Federal Reserve cuts rates second time in a row

--:--

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!

7 Nov 5PM English United Kingdom Business

Other recent episodes

US SEC Chairman says he’ll resign when Trump is inaugurated

Andrew Peach discussed Gary Gensler’s announcement that he will resign as Chairman of the US Securities and Exchange Commission on the day that Donald Trump takes office. Gensler is known to be a sceptic of crypto currencies unlike the incoming President who received heavy backing from the crypto community during…

21 Nov 5PM 26 min

Kenya's government cancelled all Adani contracts

Kenyan President William Ruto has ordered the cancellation of the airport deal and another one to develop power transmission lines in Kenya - post the US indictment. We hear from the government spokesperson Gabriel Muthuma.We get reaction from India to the criminal charges against Gautam Adani, one of the world’s…

21 Nov 10AM 28 min

Adani boss accused of $250m bribery over solar contracts in India

Gautam Adani, chair of India’s Adani Group and one of the world’s wealthiest individuals, has been indicted in a New York federal court alongside others over an alleged multi-billion-dollar fraud scheme.Archegos founder Bill Hwang has been sentenced to 18 years in prison for orchestrating one of the largest economic frauds…

20 Nov 5PM 26 min

Ford and VW cut jobs in Europe

Both Ford and VW are cutting jobs in Europe. Why is it that Germany's car industry is no longer the powerhouse that it used to be? We've been hearing from Ford's boss in the UK.And...We're about to hear from US Prosecutors on what Google could be expected to do to…

20 Nov 10AM 26 min

Trump taps pro-tariff Lutnick as Commerce Secretary

Donald Trump says Howard Lutnick, the boss of financial firm Cantor Fitzgerald, will spearhead the administration's "tariff and trade agenda".Meanwhile, Pakistan's former climate change minister Sherry Rehman, sparks a debate at the UN climate talks in Baku, Azerbaijan saying attendees are there “for life and death reasons.” And what does…

19 Nov 5PM 26 min

All episodes