cover of episode Federal Reserve cuts interest rates

Federal Reserve cuts interest rates

2024/12/19
logo of podcast Bitesize Business Breakfast Podcast

Bitesize Business Breakfast Podcast

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19 Dec. 2024. The Fed has cut interest rates overnight by 0.25%, and the UAE Central Bank followed suit, bringing the UAE base lending rate to 4.4%. What does this mean for the UAE economy and consumers? We asked Daniel Richards, MENA Economist at Emirates NBD.  Plus, Honda & Nissan are in talks about a potential merger to strengthen their position against electric vehicle (EV) makers. What could this possible merger mean for the auto industry? We drive into the details with Imthishan Giado, Editor-in-Chief at Motoring Middle East.

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