logo
episode-header-image
Jul 2022
26m 29s

Interest rates: US Fed expected to rise

Bbc World Service
About this episode
With inflation in the US at a 40-year-high, we speak to a former member of the Federal Reserve Board of Governors, Randy Kroszner, for his insight into what options the Fed has and how it might come to its decision on raising interest rates. In Nigeria, lecturers have been on strike for months over pay and conditions, and other unions are now protesting in ... Show More
Up next
Yesterday
South Korean President meets with Donald Trump at the White House
US President, Donald Trump welcomes the South Korean leader to the White House to discuss trade. He believes a deal can be done. The South African government has warned young women against taking up unverified foreign job offers promoted on social media campaigns. Plus, we see th ... Show More
26m 27s
Yesterday
Global postal services suspend low-cost parcels to the US over tariffs
Across the globe postal services are pausing deliveries to the US as Washington prepares to end its long‑held tariff exemption on low‑value parcels.Evergrande, once China’s biggest property giant has now been kicked off the Hong Kong stock market, we bring you the latest twist in ... Show More
26m 28s
Aug 22
Fed Chair Powell eyes September rate cut
As Federal Reserve Chair Jerome Powell signals a move to a rate cut in December, we find out what it means for the US economy and the financial markets. Also, friends again? Canadian PM Mark Carney calls a halt to some of the retaliatory tariffs imposed on the US. We find out wha ... Show More
26m 26s
Recommended Episodes
Dec 2023
UAW strike kicks off new era for US labour
Central banks are charting different courses for interest rates in 2024, and EU leaders have agreed to officially start accession talks with Ukraine. Plus, for US union leader Shawn Fain, the historic auto workers strike is only the beginning.  Mentioned in this podcast:EU leader ... Show More
10m 42s
Jan 2022
The Fed’s Big Shrink
Read a transcript of this episode on FT.comhttps://www.ft.com/content/afd4c412-780b-407a-8b5a-10175cf319fc A US judge says that the Federal Trade Commission can go ahead with a revised case seeking to break up Facebook, and the latest US inflation report is expected to show price ... Show More
9m 22s
Jun 2023
Rate Rise: Martin Lewis on what it means
The Bank of England has raised interest rates to their highest level in nearly 15 years. Money expert Martin Lewis explains what it means for people with mortgages, renters and savers. He says increasing interest rates to tackle inflation is designed to hurt. Also, Education Secr ... Show More
31m 25s
Jul 2022
Fed hikes rates, but next steps are uncertain
US interest rates are going up by 0.75% for the second month in a row, the drama surrounding Elon Musk’s halted Twitter takeover debacle is hurting the social media company’s advertising business and employee morale, and European gas prices are rising as Russia cuts gas flows to ... Show More
8m 58s
Apr 2024
Inflation falls - but what might it mean for interest rates?
The price of everyday things - mainly food - is now rising at the lowest level since 2021.   Official data shows inflation eased last month to 3.2% - down from 3.4% - but the fall was slightly less than economists expected.   On the Daily, Niall Paterson looks at what's going on ... Show More
21m 14s
Jun 2023
Fed Pauses Rate Hikes, But Signals More to Come
P.M. Edition for June 14. The Federal Reserve paused rate hikes after ten consecutive increases, but as chief economics commentator Greg Ip reports, it signaled it could start raising rates again at its next meeting. Plus, deputy Brussels bureau chief Laurence Norman discusses ho ... Show More
15m 21s
Jun 2022
The biggest US rate rise in almost 30 years
The Federal Reserve raised its benchmark policy rate by 0.75 percentage points for the first time since November 1994, and the European Central Bank says it will speed up work on a new policy tool to counter surging borrowing costs. Plus, billionaire investor Ray Dalio talks abou ... Show More
10 m
May 2022
Ping An calls for HSBC break-up
Description: Turkish authorities have raised the pressure on the country’s banks to limit corporate clients’ purchases of foreign currency, US consumer prices rose at an annual pace of 8.3 per cent last month, and the EU will have to spend close to €200bn in the next five years t ... Show More
9m 47s
Mar 2022
When the Promise of a Quarter-Point Rate Hike Is Good News
The war in Eastern Europe has led to a meaningful shift in the market’s perception of what the Federal Open Market Committee will do when it meets in two weeks. Fed fund futures are still pricing in a greater than 80% chance of a rate hike. But the odds of a 50-basis-point boost ... Show More
33m 52s
Mar 2023
MM104: Silicon Valley Bank (SVB) contagion fears spark a global banking sell-off
In this episode, we take a look at what exactly happened to SVB and why the collapse in their share price on Thursday rippled through the banking sector resulting in the largest four US banks losing some $47bn of market value in just one day. Was the move justified? Could one of ... Show More
25m 46s
Listen to millions of songs and podcasts on Anghami