World Report September 17: Wednesday's top stories in 10 minutes
Sep 17, 2025
Anticipation is building as both the Bank of Canada and the U.S. Federal Reserve are expected to cut interest rates. In the UK, President Trump and First Lady Melania will meet King Charles and Queen Camilla for a historic visit. Meanwhile, Israel's Prime Minister announces plans for an independent arms industry amidst escalating tensions. The podcast also discusses a BC Premier's efforts to promote key projects, and a new climate report warns of increasing dangerous heat days affecting Canada's environment.
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Bank Of Canada Likely To Cut Rates
- The Bank of Canada is very likely to cut rates by 25 basis points today to support a weakened economy.
- Officials may leave the door open for additional cuts this year to stimulate growth and reduce unemployment.
Fed Faces Growth Vs. Inflation Trade-Off
- The U.S. Federal Reserve is expected to cut rates but faces a trade-off between stimulating growth and higher inflation.
- Tariffs have pushed U.S. inflation to about 3%, which could limit future rate cuts.
Trump's Second State Visit In London
- U.S. President Donald Trump and the First Lady arrived in London for a second state visit with full royal events planned.
- Some London residents protested, and four people were arrested after projecting images onto Windsor Castle.