Economy

Fed vs. inflation
Four out of five economists believe that the interest rate in the US will be cut

The US central bank Federal Reserve will cut its key interest rate by 25 basis points next week, a clear majority of economists in a Reuters poll estimated. Over 80 percent of more than 100 respondents said that the Fed will cut interest rates on December 10.

The Fed is expected to cut interest rates to a range of 3.50-3.75 percent to strengthen the slowing labor market, the news agency writes.

The market currently expects a cut to 89 percent, according to CME's Fedwatch tool.

The tariff crisis The chip fight
Senators want to stop exports of Nvidia's AI chip to China

The Senate wants to stop Nvidia from selling its most advanced chips to China according to a bipartisan proposal that was presented on Thursday evening, the Financial Times writes.

The law would force the Commerce Secretary to deny export licenses for advanced chips to China for 30 months. It would prevent Nvidia from selling the H200 and Blackwell to China.

The announcement comes at the same time as the Trump administration is reportedly considering allowing Nvidia to sell the H200 chip to China.

Democrat Chris Coons says that “the rest of the 21st century will be determined by who wins the AI ​​race” and warns of what will happen if the technology is based on China’s values.

US-China relations
Sources: US pauses sanctions against China’s spying activities

The US is pausing its plans to sanction China’s state intelligence and security service MSS, despite it carrying out cyberattacks on US telecom networks and tech companies. The FT reports, citing sources.

The Americans are taking a step back until their dependence on China for rare earth metals has decreased, according to the sources. Donald Trump's backtracking is causing frustration among American China hawks in the administration who believe Trump is sacrificing national security for a trade deal.

- It seems like the administration is giving in to buy time to reduce dependence on critical metals from China, said Zach Cooper, Asia expert at the think tank American Enterprise.

The metals have been a hot issue in the trade conflict between the superpowers.

Tesla's future
Tesla climbs in Consumer

Tesla takes a leap on the list of reliable cars in the industry magazine Consumer Reports' annual ranking. The electric car giant advances to 10th place from 18th place last year on the list of 30 different car brands.

- They definitely have their challenges, but by continuing to improve without making too many changes, they can produce more reliable cars, Jake Fisher at Consumer Reports tells CNBC.

The ranking is based partly on Consumer Reports' own tests, and partly on consumer reports on reliability, safety and customer satisfaction.

Subaru tops the list, followed by BMW and Porsche. Volvo moves up one place to 21st in this year's ranking.