<description>&lt;p&gt;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. &amp;nbsp;Plus, Honda &amp;amp; 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.&lt;/p&gt;&lt;p&gt;See &lt;a href="https://omnystudio.com/listener"&gt;omnystudio.com/listener&lt;/a&gt; for privacy information.&lt;/p&gt;</description>

Bitesize Business Breakfast Podcast

Dubai Eye 103.8

Federal Reserve cuts interest rates

DEC 19, 202434 MIN
Bitesize Business Breakfast Podcast

Federal Reserve cuts interest rates

DEC 19, 202434 MIN

Description

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.