Main content

Fed raises US interest rates by 0.25%

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

The Federal Reserve has raised rates for the first time since 2023 the bank focuses on inflation fight. Chair Kevin Warsh defied Donald Trump鈥檚 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.

Available now

27 minutes

Last on

Wed 16 Sep 2026 22:32GMT

Broadcasts

  • Wed 16 Sep 2026 21:32GMT
  • Wed 16 Sep 2026 22:32GMT

Podcast