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(1072)

Fed Served With Subpoenas, Iran Closer To Revolution, Europe-China Chip Feud

Fed Served With Subpoenas, Iran Closer To Revolution, Europe-China Chip Feud

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) Federal Reserve Chair Jerome Powell said the US central bank had been served grand jury subpoenas from the ...

12 Jan 24min

Daybreak Weekend: Bank Earnings, UK Property Market, China Trade

Daybreak Weekend: Bank Earnings, UK Property Market, China Trade

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 U.S CPI data and bank earnings. In the UK – a lo...

9 Jan 39min

Looming US Tariff Ruling, Iran Internet Shutdown, Rio-Glencore Merger Talks

Looming US Tariff Ruling, Iran Internet Shutdown, Rio-Glencore Merger Talks

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) An upcoming Supreme Court ruling on the legality of the sweeping tariffs that President Donald Trump rolled ...

9 Jan 19min

Trump Challenges China, Tanker Seizure UK Role, Not Such Rich Pickings

Trump Challenges China, Tanker Seizure UK Role, Not Such Rich Pickings

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Leading Chinese oil companies with interests in Venezuela have asked Beijing for guidance on how to protect ...

8 Jan 16min

US Won’t Rule Out Taking Greenland By Force, Venezuela To Send US Oil, Pubs Fear Last Orders

US Won’t Rule Out Taking Greenland By Force, Venezuela To Send US Oil, Pubs Fear Last Orders

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Donald Trump won’t rule out the use of military force to acquire Greenland, the White House said, ...

7 Jan 16min

Maduro Pleads Not Guilty, Greenland Alarm Grows, UK Wealth Cracks Widen

Maduro Pleads Not Guilty, Greenland Alarm Grows, UK Wealth Cracks Widen

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Venezuela’s government is reasserting itself after the capture of Nicolás Maduro, swearing in Delcy Rodrígue...

6 Jan 20min

Trump’s Venezuela Demands, Maduro To Appear In Court, $100 Billion Oil Gamble

Trump’s Venezuela Demands, Maduro To Appear In Court, $100 Billion Oil Gamble

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) President Donald Trump said the US needs “total access” to Venezuela as questions mount about the country’...

5 Jan 20min

Daybreak Weekend: Housing Outlook, Europe Culinary Trends, Australian Eco

Daybreak Weekend: Housing Outlook, Europe Culinary Trends, Australian Eco

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’s in store for commodities and housing in 2...

2 Jan 39min

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