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Shares fell on Wall Street after Fed Chair Jerome Powell announced a cut to its key interest rate of 0.25%, but indicated this could be the last rate reduction for a while. The US dollar rose in value on the news. Also Lily Jamali explains how TikTok is pursuing a last-ditch effort in the US Supreme Court to avoid a mandated sale or ban of the app in America the day before Donald Trump is due to take office as president. And the de-facto leader of Syria tells the BBC that sanctions on the country should be lifted immediately.
By BBC News4.3
4747 ratings
Shares fell on Wall Street after Fed Chair Jerome Powell announced a cut to its key interest rate of 0.25%, but indicated this could be the last rate reduction for a while. The US dollar rose in value on the news. Also Lily Jamali explains how TikTok is pursuing a last-ditch effort in the US Supreme Court to avoid a mandated sale or ban of the app in America the day before Donald Trump is due to take office as president. And the de-facto leader of Syria tells the BBC that sanctions on the country should be lifted immediately.

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