Fed raises US interest rates by 0.25%

Loading player...
The Federal Reserve has raised rates for the first time since 2023 the bank focuses on inflation fight. Chair Kevin Warsh defied Donald Trump’s calls for lower borrowing costs.

2026 summer wheat exports from Russia and Ukraine will be 60% lower than pre-war average. Attacks on ports and shipping are to blame. Experts tell World Business Report that global wheat prices are likely to rise.

One of Ed Sheeran's support acts has been dropped by his US concert promoter for his views on Palestine. World Business Report looks at the financial fall-out.
16 Sep 6PM English United Kingdom Business

Other recent episodes

What does China and the USA want from the state visit?

On today’s episode, we take a look at the stories shaping global business and markets. We discuss China’s state visit to the United States with Claire Reade, exploring the key issues and what the visit could mean for relations between the two countries. Cary Leahey joins us to discuss what’s…
24 Sep 6PM 28 min

Trump welcomes Xi to the White House

Xi Jinping has arrived at the White House to hold talks with Donald Trump, as the world's two biggest economies agree to extend their trade truce by two months China's stock markets have had their worst trading day in a month, with investors frustrated at the news. Elsewhere, Cambodia's Prime…
24 Sep 11AM 10 min

Presidents Trump and Xi prepare to talk trade, tariffs and tech

China's Xi Jinping visits Washington for a meeting with President Donald Trump. Also, how Cambodia is fighting financial scams. And why McDonalds is betting big on chicken. (Picture: U.S. President Trump Meets With China's President Xi At Zhongnanhai. Credit: Getty Images)
23 Sep 6PM 28 min

President Xi goes to Washington

President Trump will welcome China's leader to the US capital ahead of talks ranging from tariffs to energy costs to the future of AI. The trip is Xi's first state visit to the US in just under a decade and his third meeting with Trump since the US president began…
23 Sep 11AM 11 min

UN General Assembly: will diplomasy talks help the global oil market?

We're assessing where a busy day of diplomacy at the UN General Assembly has left the global oil market. Face-to-face talks have begun between the US and Iran. But President Trump also concedes that a peace deal is unlikely before November. Can the stretched global oil supply survive that long?…
22 Sep 6PM 28 min