2025-09-17
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The US Federal Reserve is expected to cut interest rates for the first time since December,
but the vote may be far from smooth.
It's World Business Express from the BBC World Service.
I'm Leanna Byrne.
Look at how tomatoes are becoming the latest culprit pushing up grocery bills in the US,
and the scoop at Ben & Jerry's, its founder, has called it quits.
Yes, the world's most powerful central bank is back.
in the spotlight.
The US Federal Reserve is expected to cut interest rates for the first time
since December by a quarter of a point.
And listen, I can hear you now.
Why should I care about interest rates?
Well, interest rates are the price of borrowing money when they come down.
Mortgages, car loans, credit cards, they get cheaper.
It's something that touches every part of the economy from jobs to the price of your groceries,
which is why US President Donald Trump has been piling on pressure for a big interest rate cut.
But the vote could be anything but smooth.
Covering this for us in New York is our correspondent, Michelle Fleury.