Powell's Hike-And-See Bet And Traders 'Manipulate' UK Energy Markets

Powell's Hike-And-See Bet And Traders 'Manipulate' UK Energy Markets

Your morning briefing. The news you need in just 15 minutes.

On today's podcast:
(1) The Federal Reserve opts for a 25 basis-point hike and bets on an end to the banking crisis.

(2) Citigroup CEO Jane Fraser says the ability to move millions of dollars with a few clicks is a sea change moment for the banking sector.

(3) The Bank of England gets set to hike rates as February's inflation data came in red hot.

(4) Exclusive Bloomberg reporting finds some of the UK's biggest energy companies have received hundreds of millions of pounds from a practice that regulators say drives prices higher.

See omnystudio.com/listener for privacy information.

Episoder(1037)

Bloomberg Daybreak Weekend: Stress Tests, PBOC, Sintra

Bloomberg Daybreak Weekend: Stress Tests, PBOC, Sintra

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking for you in the coming week including a look at big bank stress tests, a trip to Sintra, the Chinese econ...

24 Jun 202335min

UK Profit Margins And Pay Rises 'Unsustainable' & Titanic Sub Crew Killed In Catastrophic Implosion

UK Profit Margins And Pay Rises 'Unsustainable' & Titanic Sub Crew Killed In Catastrophic Implosion

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Andrew Bailey says profit margins need to fall and pay rises need to be curbed after the Bank of England h...

23 Jun 202316min

The BoE Gets Set For A 13th Hike & Time Running Out For Titanic Sub Rescue

The BoE Gets Set For A 13th Hike & Time Running Out For Titanic Sub Rescue

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) The Bank Of England gets set for a 13th consecutive rate rise. (2) The Fed's Powell indicates that two more...

22 Jun 202316min

UPDATE: Traders Price 6% Rates On Hot UK Inflation & Sounds Heard In Titanic Search.

UPDATE: Traders Price 6% Rates On Hot UK Inflation & Sounds Heard In Titanic Search.

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) UK inflation came in hotter than expected in May, with traders now pricing in a peak of 6% in Bank of Engla...

21 Jun 202317min

Biden Likens Xi To A Dictator & Noises Detected In Titanic Sub Search

Biden Likens Xi To A Dictator & Noises Detected In Titanic Sub Search

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Pressure grows on the Bank of England ahead of today's inflation print. (2) Biden says Xi was like a dictat...

21 Jun 202316min

Bloomberg's Economists: A 6% UK Rate = 2% Drop in GDP

Bloomberg's Economists: A 6% UK Rate = 2% Drop in GDP

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) A 6% Bank of England policy rate would lead to a 2% drop in UK GDP, according to Bloomberg Economics. (2) A...

20 Jun 202316min

Blinken In China & 'Massive Downsizing' At Credit Suisse

Blinken In China & 'Massive Downsizing' At Credit Suisse

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Blinken becomes the most senior US official to visit China in five years. (2) The FCA is said to restrict ...

19 Jun 202317min

Bloomberg Daybreak Weekend: Fed, BOE, Modi and Biden

Bloomberg Daybreak Weekend: Fed, BOE, Modi and Biden

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking for you in the coming week including Fed Chair Jay Powell heads to Capitol Hill, plus, key hearings comi...

17 Jun 202334min

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