Federal Reserve cuts interest rates
19 Dec. 2024. The Fed has cut interest rates overnight by 0.25%, and the UAE Central Bank followed suit, bringing the UAE base lending rate to 4.4%. What does this mean for the UAE economy and consumers? We asked Daniel Richards, MENA Economist at Emirates NBD. Plus, Honda & Nissan are in talks about a potential merger to strengthen their position against electric vehicle (EV) makers. What could this possible merger mean for the auto industry? We drive into the details with Imthishan Giado, Editor-in-Chief at Motoring Middle East.See omnystudio.com/listener for privacy information.