Powell Signals Cut Delay, Bailey More Confident & Hunt On 'Feel-Good Factor'

Powell Signals Cut Delay, Bailey More Confident & Hunt On 'Feel-Good Factor'

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

(1) Federal Reserve Chair Jerome Powell signaled policymakers will wait longer than previously anticipated to cut interest rates following a series of surprisingly high inflation readings.

(2) Bank of England Governor Andrew Bailey hinted that the UK might be able to lower interest rates before the US, saying inflation dynamics in the two economies are diverging.

(3) UK Chancellor of the Exchequer Jeremy Hunt said the prospect of interest rate cuts later this year would lift the mood of voters, hinting that Prime Minister Rishi Sunak won't call a general election until the fall.

(4) The US will impose new sanctions on Iran targeting the country's missile and drone program following its weekend attack on Israel that threatened to push the Middle East into a wider conflict.

(5) Jamie Dimon has told Bloomberg that AI will transform banking -- but it will also lead to job losses.

See omnystudio.com/listener for privacy information.

Episoder(1039)

Rubio: Europe Must Fight, UK Calls Time On Brexit, Sweden Warms To Euro

Rubio: Europe Must Fight, UK Calls Time On Brexit, Sweden Warms To Euro

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) Secretary of State Marco Rubio said Europe’s fate is intertwined with the US while faulting the continent for what ...

16 Feb 16min

Daybreak Weekend: Homebuilders Preview, UK Jobs, Lunar New Year

Daybreak Weekend: Homebuilders Preview, UK Jobs, Lunar New Year

Bloomberg Daybreak Weekend with Host Nathan Hager take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to what to expect from homebuilders in the months a...

13 Feb 38min

AI Fear Trade Drives Rout, Sex Tape Blackmail Claim, How War Changed Europe 

AI Fear Trade Drives Rout, Sex Tape Blackmail Claim, How War Changed Europe 

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) ogistics stocks plunged on Thursday as the group became the latest victim of the artificial intelligence “scare tra...

13 Feb 21min

UPDATE: 0.1% UK Growth, Nuveen Buying Schroders, Epstein Files Global Fallout

UPDATE: 0.1% UK Growth, Nuveen Buying Schroders, Epstein Files Global Fallout

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) Democratic lawmakers accused Attorney General Pam Bondi of using the US Justice Department to target enemies of Pre...

12 Feb 16min

Epstein Files Global Fallout, Trump Tariffs Major Revolt, Paris Insider Trading Trial

Epstein Files Global Fallout, Trump Tariffs Major Revolt, Paris Insider Trading Trial

Your morning briefing. All the news you need to start your day.On today's podcast:(1) Democratic lawmakers accused Attorney General Pam Bondi of using the US Justice Department to target enemies of Pr...

12 Feb 20min

EU Chief Interview, School Mass Shooting, Poland’s $1 Trillion Flex

EU Chief Interview, School Mass Shooting, Poland’s $1 Trillion Flex

Your morning briefing. All the news you need to start your dayOn today's podcast: (1) At least 10 people are dead and 25 injured after a mass shooting in northeastern British Columbia, according to th...

11 Feb 23min

Starmer Gets Brief Reprieve, EU Preps Ukraine Entry, Drilling Europe’s Oil Capital

Starmer Gets Brief Reprieve, EU Preps Ukraine Entry, Drilling Europe’s Oil Capital

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) Keir Starmer’s cabinet members voiced their support for the prime minister on Monday, buying him time to shore up h...

10 Feb 16min

UK's Starmer On The Brink, Japan Election Landslide, Swatch Battles Tough Time

UK's Starmer On The Brink, Japan Election Landslide, Swatch Battles Tough Time

Your morning briefing. All the news you need to start your dayOn today's podcast:(1) Keir Starmer’s future is in the balance after a crisis over the appointment of Peter Mandelson as ambassador to Was...

9 Feb 16min

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