Fed-letter day: at last, a rate cut

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).Listen to what matters most, from global politics and business to science and technology—Subscribe to Economist Podcasts+For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.

Om Podcasten

Get a daily burst of illumination from The Economist’s worldwide network of correspondents. Our reporters dig past the headlines to get to the stories beneath—and to stories that aren’t making headlines, but should be. A unique perspective on the issues and events shaping your world.Sign up for Economist Podcasts+ at http://www.economist.com/podcastsplus-intelligence.If you’re already a subscriber to The Economist, you’ll have full access to all our shows as part of your subscription.For more information about Economist Podcasts+, including how to get access, please visit our FAQs page at https://myaccount.economist.com/s/article/What-is-Economist-Podcasts