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France 24

Business

Yuka ROYER

US Federal Reserve cuts interest rates for first time in four years

Yuka Royer the US Federal Reserve France

BUSINESS © FRANCE 24

The US Federal Reserve lowered its key lending rate by a deeper-than-expected 0.5 percent, in its first rate cut in more than four years. The move indicates that while monetary policymakers are confident about taming inflation, their focus has shifted to supporting the slowing job market. Plus, France 24's Yuka Royer speaks with Regina Mayor, Global Head of Clients & Markets at KPMG International, about what is top of mind for global CEOs amid economic uncertainty and technological advances.

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