Hello and welcome to World Business Report from the BBC World Service.
I'm Victoria Craig, live in New York.
And on this edition, monetary policy and tariffs are front and center.
But don't go anywhere because there is lots to dig into and plenty of excitement,
I promise, in this packed program.
That's because September is live.
In a speech heard around the world,
Federal Reserve Chairman Jerome Powell signaled the U.S. central bank may be ready to cut interest rates next month for the first time
since December.
With policy in restrictive territory,
the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance.
Plus,
Canada is removing tariffs on U.S. goods that are compliant with the existing North American Free Trade Agreement.
We'll dig into what's in place, what's not, and what it means for businesses up north of where I am.
And the U.S. government confirmed it's taking a stake in chip giant Intel.
We'll have the very latest details on that deal with our North American technology correspondent.
We start today, though, in Jackson Hole, Wyoming,
where the Federal Reserve has been hosting an annual gathering of global central bankers.
In a highly anticipated and very closely watched speech,
Fed Chair Jay Powell set the stage for an interest rate cut at the U.S.