Business Matters

The US Federal Reserve cuts rates second time in a row

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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 Australia plans social media ban for under-16s. You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. We would love to hear from you!