US hikes interest rates - to Trump's annoyance

BBC World Service· Sep 17, 2026· 29m 29s

The US central bank has raised interest rates for the first time in more than three years, to try to curb inflation. The Federal Reserve lifted its benchmark rate by a quarter of a percentage point and suggested it could do so again before the end of the year. In a social media post, President Trump demanded "lower interest rates... and fast." Also: Nepal has sharply revised upwards the number of people missing after last month's flash flood to 6,150. Hundreds more are missing across the border

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Welcome to the program. I'm your host.
Welcome to the program. I'm your host.
0:00
Today we look at the major stories shaping the news cycle.
Today we look at the major stories shaping the news cycle.
0:04
We start in Europe, where leaders met in Brussels.
We start in Europe, where leaders met in Brussels.
0:09
The summit focused on energy policy and migration.
The summit focused on energy policy and migration.
0:14
Reporting from the ground, our correspondent has more.
Reporting from the ground, our correspondent has more.
0:19
Thank you. The mood here was tense but constructive.
Thank you. The mood here was tense but constructive.
0:24