The Fed's Big Cut,  More  Devices Explode & Global Shadow Fleet Exclusive

The Fed's Big Cut, More Devices Explode & Global Shadow Fleet Exclusive

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

On today's podcast:

(1) Federal Reserve Chair Jerome Powell led his colleagues to an outsize interest-rate cut designed to preserve the strength of the US economy as risks to the labor market mount, marking an end to their single-minded focus on quashing inflation.

(2) Traders ramped up their bets on the pace of future US interest-rate cuts after the Federal Reserve reduced its benchmark by half a point and signalled more cuts coming this year.

(3) The Bank of England is likely to decide against cutting interest rates for a second straight meeting, maintaining a patient approach to reversing the most aggressive policy tightening in decades.

(4) Israeli Defense Minister Yoav Gallant declared what he called a “new phase” in the war with regional Islamist groups and said troops would be diverted to the Lebanese border, an indication that long-held fears of a wider conflict may soon be realized.

(5) The City of London thinks the UK could attract as much as £7.7 billion ($10.2 billion) more investment by 2030 if it did a better job of attracting foreign sovereign wealth.

See omnystudio.com/listener for privacy information.

Episoder(1046)

Tariffs On ‘All Countries’, Stock Slump Deepens & FX Turmoil Fears

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28 Mar 202517min

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BONUS EPISODE: Trump Auto Tariffs Spur Market & Political Response

President Donald Trump signed a proclamation to implement a 25% tariff on auto imports, which will come into effect on April 3, initially targeting fully assembled vehicles. Trump also suggested furth...

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25% US Auto Tariffs, EU Expects Double-Digit Levies & UK Tax Hike Risk

Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) President Donald Trump signed a proclamation to implement a 25% tariff on auto imports, expanding a trade w...

27 Mar 202516min

Major UK Spending Cuts, Black Sea Truce & UBS Vs Swiss Regulator

Major UK Spending Cuts, Black Sea Truce & UBS Vs Swiss Regulator

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Chancellor of the Exchequer Rachel Reeves will blame global economic headwinds as she slashes UK government ...

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Trump Cabinet Messaging Breach, 'European Freeloading' & New Tariffs Teased

Trump Cabinet Messaging Breach, 'European Freeloading' & New Tariffs Teased

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) The Atlantic’s top editor said he was added to a text group in which top US officials discussed detailed pla...

25 Mar 202519min

‘Targeted’ Tariffs Drive Stocks, Turkey Turmoil & Crunch Week For Reeves

‘Targeted’ Tariffs Drive Stocks, Turkey Turmoil & Crunch Week For Reeves

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) US and European stock-index futures climbed on signs that the next round of President Donald Trump’s tariffs...

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