The Fed Pivots, BOE & ECB Decisions, Biden Impeachment Inquiry

The Fed Pivots, BOE & ECB Decisions, Biden Impeachment Inquiry

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:


(1) The Federal Reserve held interest rates steady for a third meeting and gave its clearest signal yet that its aggressive hiking campaign is finished by forecasting a series of cuts next year.

(2) Virtually no corner of financial markets was left out of Wednesday's cross-asset advance: Global shares spiked higher. Front-end Treasuries posted their best day since March. World currencies surged against the dollar and corporate bonds rallied.

(3) Traders have ramped up bets on interest-rate cuts by the Bank of England next year after soft GDP data reinforced the view that policymakers won't be able to keep monetary policy tight for so long.

(4) Today's European Central Bank decision is also being watched for how forcefully policymakers push back against bets on interest rate cuts.

(5) Republicans in the US House voted Wednesday to formally authorize an impeachment inquiry into President Joe Biden, escalating a probe that has been underway for several months.

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Episoder(1073)

Nvidia Results Fail To Wow, US Boat Cuba Shootout, Iran Strike Reality Check

Nvidia Results Fail To Wow, US Boat Cuba Shootout, Iran Strike Reality Check

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Trump Rosy Economy Spin, Private Credit 2008 Fears, Spain’s Broken Housing Market

Trump Rosy Economy Spin, Private Credit 2008 Fears, Spain’s Broken Housing Market

Your morning briefing. All the news you need to start your day.On today's podcast:(1) President Donald Trump offered a strident defense of his administration and economic record, declaring the nation ...

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Global 10% US Tariff in Force, AI Scare Trade Roars Back, How Much for AI Ray Bans?

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Donald Trump’s new 10% global tariffs went into effect on Tuesday, kicking off a White House effort to preserve th...

24 Feb 19min

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US Trade Deals On Edge, Tariff ‘Chaos’ Hits Europe, Pension Fund Implosion

Your morning briefing. All the news you need to start your dayOn today's podcast: (1) Senior US officials said President Donald Trump’s tariff defeat at the Supreme Court won’t unravel deals negotiate...

23 Feb 16min

Daybreak Weekend: Nvidia Earnings, UK Special Election, Modi Israel Visit

Daybreak Weekend: Nvidia Earnings, UK Special Election, Modi Israel Visit

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20 Feb 38min

Trump Gives Iran 10 Days, UK Royal Family In Crisis,  A Data Dependent Career

Trump Gives Iran 10 Days, UK Royal Family In Crisis, A Data Dependent Career

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) The US military is stationing a vast array of forces in the Middle East, including two aircraft carriers, fighter j...

20 Feb 16min

Fed's Hawkish Turn, Meta Resists Age Limits, Denmark's Diet Economy

Fed's Hawkish Turn, Meta Resists Age Limits, Denmark's Diet Economy

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) Federal Reserve officials appeared surprisingly wary of cutting interest rates when they met last month, with sever...

19 Feb 17min

US-Iran Move Toward Deal, Anthropic’s Next AI Leap, Ethiopia’s EV Revolution

US-Iran Move Toward Deal, Anthropic’s Next AI Leap, Ethiopia’s EV Revolution

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) The US and Iran made progress in nuclear talks in Geneva on Tuesday, with Tehran’s negotiators scheduled to return ...

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