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 England rates.

(2) Biden says Xi was like a dictator kept in the dark about the alleged Chinese spy balloon.

(3) The head of the New York Fed says company directors need to ensure management are doing their jobs.

(4) With less than 30 hours of air remaining, noises have been detected in the search for the missing Titanic submersible.

See omnystudio.com/listener for privacy information.

Episoder(1053)

Race To Avert Israel-Iran War, Oil Holds Steady & iPhone Shipments Plunge

Race To Avert Israel-Iran War, Oil Holds Steady & iPhone Shipments Plunge

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The huge salvo of missiles and drones launched from the arid plains of Iran toward Israel was the kind of di...

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Daybreak Weekend: IMF Meetings, Scholz in China, China Data Dump

Daybreak Weekend: IMF Meetings, Scholz in China, China Data Dump

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a preview of the IMF and World Bank meetings, and U.S Retail sales. In ...

13 Apr 202438min

UK Economy Grows & Bank Of England Awaits Recommendations

UK Economy Grows & Bank Of England Awaits Recommendations

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Morgan Stanley shares fell the most in five months after a report that a cadre of US regulators are scrutin...

12 Apr 202421min

Rate Cut Hopes Dashed & Iran Strike On Israel ‘Imminent’

Rate Cut Hopes Dashed & Iran Strike On Israel ‘Imminent’

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Investors are signaling the Federal Reserve will cut interest rates just twice this year, starting in Septem...

11 Apr 202418min

Waiting On US Inflation Data & 7.4 Million Struggling To Pay Bills

Waiting On US Inflation Data & 7.4 Million Struggling To Pay Bills

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Today's CPI data is unlikely to settle the debate around the timing of Federal Reserve interest-rate cuts, w...

10 Apr 202415min

A $10 Trillion Reckoning & Fed Officials Predict Cuts

A $10 Trillion Reckoning & Fed Officials Predict Cuts

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) A new era of global rearmament is gathering pace, and it will mean vast costs and some tough decisions for w...

9 Apr 202416min

The UK's Three Trillion Pound Man & Yellen's China Charm Offensive

The UK's Three Trillion Pound Man & Yellen's China Charm Offensive

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Robert Stheeman, the bond market whisperer who raised £3 trillion for Britain warns liquidity is paramount ...

8 Apr 202419min

Daybreak Weekend: U.S CPI Data, ECB Meeting, China Inflation

Daybreak Weekend: U.S CPI Data, ECB Meeting, China Inflation

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week. In the US – a preview of U.S CPI data and bank earnings. In the UK – a look at next...

6 Apr 202438min

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