Fed Pauses, PBOC Cuts, ECB To Hike, Plus Another London IPO Scrapped

Fed Pauses, PBOC Cuts, ECB To Hike, Plus Another London IPO Scrapped

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:
(1) China's central bank ramps up rate cuts as the economy weakens.

(2) Jerome Powell says there is near consensus on the need for 'some' further Fed hikes.

(3) Citigroup's CFO warns job losses will cost the bank $400 million.

(4) And WE Soda scraps it's London IPO, citing "extreme investor caution".

See omnystudio.com/listener for privacy information.

Episoder(1037)

Bloomberg Daybreak Weekend: May Jobs Report, What is this "X" Date, Stickiness in Europe

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Chancellor Says He's OK With A Recession If It Brings Down Inflation

Chancellor Says He's OK With A Recession If It Brings Down Inflation

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) The Chancellor says he's in favour of higher rates even if it causes a recession. (2) A US debt deal begins...

26 Mai 202317min

America's AAA Rating In Jeopardy & The Soaring Cost Of UK Debt

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25 Mai 202316min

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Chancellor-In-Waiting Rachel Reeves On Her Plan For A More Activist State

Chancellor-In-Waiting Rachel Reeves On Her Plan For A More Activist State Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Labour Shadow Chancellor Rachel R...

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Dimon Says Rates Could Hit 7% & Carl Icahn Didn't See Hindenberg Coming

Dimon Says Rates Could Hit 7% & Carl Icahn Didn't See Hindenberg Coming

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Jamie Dimon warns rates could hit 7% as Fed hawks say more hikes are needed(2) Biden and McCarthy say a def...

23 Mai 202317min

China's Chip Power Play & Higher House Prices

China's Chip Power Play & Higher House Prices

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) China bans Micron semiconductors as their chips battle with the US heats up.(2) US debt ceiling talks resta...

22 Mai 202317min

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21 Mai 20237min

Bloomberg Daybreak Weekend:  Fed, DeSantis, China EVs

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Bloomberg Daybreak Weekend with John Tucker takes a look at some of the stories we'll be tracking for you in the next week including the coming Fed minutes, the official launch of Florida governor Ron...

20 Mai 202335min

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