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The US central bank left interest rates unchanged as it said it remained committed to slowing price rises.
Members of the Federal Reserve gave the strongest sign yet that they expect to start cutting rates next year.
Projections released after the bank's meeting showed they expect its key interest rate to stand at 4.6% next year, more than half a percentage point lower than the current rate.
Also, in the programme, we will find out how popular non-English speaking content is on Netflix.
Just two days since Argentina's new president was sworn in, and already there are signs of some of the radical measures promised by Janier Milei. Argentina will weaken its peso over 50% to 800 per dollar and cut energy subsidies. The new Economy Minister Luis Caputo announced these measures, saying it would be painful in the short-term but was needed to bring down inflation.
(Picture: ARGENTINA-G20-TRADE-DUJOVNE-CAPUTO. Picture credit: Getty Images)
The draft text of COP28 summit agreement has prompted widespread backlash from countries vulnerable to climate change.
A group of small island states says the new draft is "completely insufficient" with "weak language on fossil fuels".
Almost 200 countries have representatives at the Dubai summit - all must agree or the deal collapses.
Plus, we're on the new night train from Paris to Berlin. And, are financial pressures driving young people in Taiwan to avoid parenthood and get a pet instead?
Throughout the show, Roger Hearing is joined by Cary Leahey, an economist in New York, and Karen Lema, Reuters bureau chief in the Philippines.
(Picture: COP28 UNFCCC Climate Conference: Day Eleven. Picture credit: Getty Images)
The UN climate change conference in Dubai is coming to an end. We examine whether there could be a big breakthrough on reducing the gases heating our planet.
We hear how the new Argentinean President plans to replace the local currency with the US dollar and the US Department of Commerce is to investigate the safety of garlic imported from China.
(Picture: COP28 UNFCCC Climate Conference: Day Eight. Picture credit: Getty Images)
Top EU officials met Chinese President Xi Jinping in Beijing this week for their first in-person summit in four years. We examine what was on the agenda.
We hear about tensions between Venezuela and Guyana over a disputed oil rich region.
And popular video game Fortnite has launched a high-profile collaboration with Lego.
(Photo: President of the European Commission Ursula von der Leyen (L), President of the European Council Charles Michel (C) and Chinese Premier Li Qiang meeting in Beijing, China. Credit: European Union Handout)
US Senate Republicans block billions of dollars in emergency aid for Ukraine. We hear what this means for the country’s war against Russia.
The government of the Italian Prime Minister Giorgia Meloni tells China it will exit their Belt and Road Initiative. We find out how this might affect future relations between the two countries.
And Google launches its long-awaited answer to Chat GPT, but will their new model called Gemini succeed in the AI space?
(Picture: U.S. President Joe Biden looks up while addressing the White House Tribal Nations Summit at the Department of the Interior in Washington, U.S. Credit: Reuters)
The Israeli Prime Minister, Benjamin Netanyahu, has countered those he says are trying to pressure Israel’s military tactics, saying the only way to finish the job was to use crushing force against Hamas.
(Photo: Israeli Prime Minister, Benjamin Netanyahu. Credit: Getty Images)
The UK wants to reduce the number of migrants coming to the UK to work but the plan has faced opposition from unions and business groups. We find out how this will affect the UK's workforce.
On the second day of the COP28 summit in Dubai, for the first time, countries have pledged to integrate food and agriculture into their plans to tackle climate change - acknowledging the link between farming and global warming.
In what’s been called ‘climate quitting’, young people are leaving their jobs because they disapprove of their employers on climate grounds - often to work for environmental groups. It’s left top top oil and gas companies struggling to recruit the brightest and best graduates - three people who’ve done just that tell the thinking behind their decision to quit.
And Phil Mercer reports on how one community in Australia is recovering from the fires of 2019 and 2020 - and preparing for dangerous conditions in the years to come.
Roger Hearing discusses these and other business stories of the day with Peter Ryan, senior business correspondent at ABC Australia in Sydney and Dr Stephanie Hare, researcher, broadcaster and author in London.
The COP28 summit will see world leaders from around the world discuss tackling climate change. Our presenter Rahul Tandon looks at what is on the agenda and speaks to people directly affected.
Footballer Cristiano Ronaldo is being sued for $1bn after promoting a range of NFTs for Binance. We get the latest from our correspondent in the US.
And is a flag important to a country’s economy? We look at the country of Kyrgyzstan as they have recently filed a bill to change the image of their flag.
(Picture: 'Cop28 UAE' logo is displayed on the screen during the opening ceremony of Abu Dhabi Sustainability Week (ADSW) Credit: Reuters)
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