Interest rates: Will the cuts help Americans?

利率:减息能否助益美国人?

World Business Report

2025-12-11

26 分钟
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Could Americans finally get some financial relief? The Fed has cut interest rates to a three-year low, and President Trump promises to make ‘America affordable again.’ We speak to a business owner and a former Federal Reserve economist. Why is silver hitting record highs? And in Italy, the nations food has been granted the world’s first-ever heritage status. You can contact us on WhatsApp or send us a voicenote: +44 330 678 3033. (Photo: US Federal Reserve Chair Jerome Powell attends a press conference at the Federal Reserve, Washington, DC USA, 10 December 2025. Credit: WILL OLIVER/EPA/Shutterstock (16075439n))
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  • This BBC podcast is supported by ads outside the UK.

  • Listen now by searching for BBC The Documentary, wherever you get your BBC podcasts.

  • A price is finally falling for American families.

  • And I have no higher priority than making America affordable again.

  • We have made progress this year in non-tariff related inflation.

  • Welcome to World Business Report from the BBC World Service.

  • I'm Sam Fenwick.

  • The Federal Reserve has cut rates again, so we're going to be in Pennsylvania,

  • where the cost of living is causing real concern,

  • as President Trump's visit to the state yesterday enough to allay those fears.

  • And from pasta to truffles, Italy's food culture has now been given a unique UN status.

  • How might it boost Italy's global food brand and its authentic local producers?

  • So if you're a U.S.

  • homeowner or you're running a business or you're just doing your weekly grocery shop,

  • things might soon start to feel a little bit easier on your budget.

  • The U.S.

  • Federal Reserve has cut interest rates by a quarter of a percentage point to three and a half to 3.75 percent,

  • and that's the lowest level in three years.

  • Here's the Fed Chair, Jerome Powell.

  • Today,