Fed-letter day: at last, a rate cut
Update: 2024-09-19
Description
The first reduction in interest rates for four years shows America’s Federal Reserve thinks inflation is now in check. But does the central bank’s decision suggest it is now concerned about the labour market? Ukraine wants its allies to provide long-range missiles (9:50 ). Our correspondent explains what difference these would make to the war. And how fashion brands conquered TV (19:44 ).
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