The Fed changes course
US central bank cuts interest rates over worries about labour market
FT News Briefing · Forhecz Topher
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Show Notes
The Federal Reserve has cut interest rates for the first time this year and China is banning its tech companies from buying AI chips made by Nvidia. Plus, how did the Swiss National Bank become one of the world’s top investors in US tech?
Mentioned in this podcast:
Federal Reserve cuts rates by quarter point and signals more to come
China bans tech companies from buying Nvidia’s AI chips
Protesters against Trump state visit march through London
Credit: Reuters
Today’s FT News Briefing was produced by Fiona Symon, Katya Kumkova, Sonja Hutson, and Marc Filippino. Additional help from Kelly Garry, Michael Lello, David da Silva and Gavin Kallmann. The FT’s acting co-head of audio is Topher Forhecz. The show’s theme music is by Metaphor Music.
Read a transcript of this episode on FT.com
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