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The US Federal Reserve hold rates, but signal one to come

Interest rates in the US remain at a 23-Year high and inflation is forecasted to rise.

The U.S. economy is not out of the woods yet with inflation forecasted to rise and interest rates holding. Sam Fenwick speaks to local business owners in Texas about the knock on affect it’s having on their business.

Over to China now and shares in several Chinese electric car companies have taken a hit after the European Union imposed new tariffs. So how might China react?

And the US Senate investigates whether BMW has been using parts made by forced labour. The U.S. Senate Finance Committee has found evidence the German carmaker imported at least 8,000 Mini Coopers into the United States, which contained parts from the Chinese supplier. We speak to Committee Chairman, Ron Wyden, about what prompted the investigation.

[IMAGE CREDIT: GETTY MAGES]

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27 minutes

Last on

Wed 12 Jun 2024 22:32GMT

Broadcasts

  • Wed 12 Jun 2024 21:32GMT
  • Wed 12 Jun 2024 22:32GMT