World Business Report - US Federal Reserve appoints new chair

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US Federal Reserve appoints Kevin Warsh as new chair. President Trump said he wanted Mr Warsh to be "totally independent". We examine what the appointment means for US interest rates. Presenter Vishala Sri-Pathma speaks to a Cuban economist after tensions rise between Cuba and the United States. And we are in Cannes to hear how AI is affecting the film industry.

Published on Friday, 22nd May 2026.

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