What’s behind the US Federal Reserve rate cut?

What this episode covers

The US Federal Reserve has ended 2024 with another interest rate cut, the third and final of this year. It announced a reduction of 25 basis points. What does the rate cut mean for the U.S. economy? How will the market respond (00:39)? China's latest economic figures signal a steady recovery. Retail sales of consumer goods increased by 3 percent in November from a year earlier. Value-added industrial output grew by 5.4 percent. How strong is the momentum of China’s economy (20:25)?

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How long is this episode of Biz Today?

This episode is 27 minutes long.

When was this Biz Today episode published?

This episode was published on December 20, 2024.

What is this episode about?

The US Federal Reserve has ended 2024 with another interest rate cut, the third and final of this year. It announced a reduction of 25 basis points. What does the rate cut mean for the U.S. economy? How will the market respond (00:39)? China's...

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