Fed winds up US stimulus package
The Federal Reserve begins its long-anticipated tapering of asset purchases, effectively ending the Covid stimulus package which started more than 18 months ago.
The Federal Reserve begins its long-anticipated tapering of asset purchases, effectively ending the Covid stimulus package which started more than 18 months ago. The ´óÏó´«Ã½â€™s Business Correspondent in New York Samira Hussain tells us what it means for the future of the American economy. On the third day of COP26 in Glasgow it’s the turn of the private sector to announce its plans for how to decarbonise the various industries – we talk to Paul Simpson of the Carbon Disclosure Project to find out how it can be done; while Shell’s CEO Ben van Beurden insists the company can go carbon neutral, but it will need to be paid for using profits from fossil fuels. Private equity manager Guy Hands tells us about his most infamous deals, and the ´óÏó´«Ã½â€™s AnaMarie Silic talks to the TikTokers using the social media platform as a digital resume. Throughout the programme we’re joined by Mehmal Sarfraz – co-founder of the Current PK – in Lahore in Pakistan and by Andy Uhler of our sister programme Marketplace in Austin, Texas.
Picture: The Federal Reserve building in Washington, DC Credit: Reuters
Presented by Sasha Twining and produced by Nisha Patel and Russell Newlove
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- Thu 4 Nov 2021 01:06GMT´óÏó´«Ã½ World Service
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Business Matters
Global business and finance news and discussion from the ´óÏó´«Ã½