Jay Powell says the 50-basis-point rate cut reflects the Fed’s ‘risk management’ approach’ as they aim for a soft landing. Also on the show: Lebanon hit with a fresh wave of exploding telecommunications devices on Wednesday; BoE expected to hold rates steady at 5%; South African Reserve Bank set to kick off easing cycle; Gavi purchasing 500,000 mpox vaccines from Bavarian Nordic; European car sales fell more than 16% in August. Guests include: Yves Bonzon, Julius Baer, Global CIO; Karen Young, Columbia University, Senior Research Scholar; Sania Nishtar, Gavi, CEO.
00:00 Introduction
06:25 Yves Bonzon, Julius Baer, Global CIO
14:24 Walkie-talkies explode in new Beirut attacks
15:40 Karen Young, Columbia University, Senior Research Scholar
27:15 Bank of England decision day
36:15 SARB seen kicking off rate-cut cycle
39:51 Sania Nishtar, Gavi, CEO
43:00 Europe’s August car sales fall 16.5%
Horizons Middle East & Africa is your daily spotlight on one of the world’s fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg.
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