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)

The Risks Of War & China Chip Clampdown

The Risks Of War & China Chip Clampdown

On today's podcast: (1) President Biden is considering a trip to Israel as Western nations ramp up efforts to prevent the war with Hamas from engulfing the region. (Interview) (2) The US is planning t...

16 Okt 202316min

Bloomberg Daybreak Weekend: Bank Earnings, Euro Inflation, China

Bloomberg Daybreak Weekend: Bank Earnings, Euro Inflation, China

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking for you in the coming week including a preview of the upcoming bank earnings, the inflation fight in the...

14 Okt 202334min

Gaza Evacuation Call & US Bank Earnings

Gaza Evacuation Call & US Bank Earnings

On today's podcast: (1) The Israeli army tells one point one million civilians to leave northern Gaza, something the UN says is "impossible". (2) Fed policy makers say moves in the bond markets are yi...

13 Okt 202316min

Gaza Ground Offensive Looms & Barclays CEO Talks Earnings

Gaza Ground Offensive Looms & Barclays CEO Talks Earnings

On today's podcast: (1) Five days after Hamas carried out the deadliest assault on Israel in half a century, both sides are bracing for a major ground attack on Gaza. (2) More than 2,400 people have b...

12 Okt 202321min

Israel Masses Forces & Starmer Invokes Blair

Israel Masses Forces & Starmer Invokes Blair

On today's podcast:(1) The combined death toll from the conflict between Israel and Hamas is now over 2,000. (2) Israel's military said it's building a base for thousands of soldiers in preparation fo...

11 Okt 202316min

Israel Response, Reserve Call Up, Labour Conference

Israel Response, Reserve Call Up, Labour Conference

On today's podcast:(1) More than 900 Israelis, mostly civilians, are now known to have died in Hamas's attacks at the weekend. Nearly 700 Palestinians have been killed during retaliatory strikes. (2) ...

10 Okt 202322min

Israel-Hamas Conflict & Labour's Great Expectations

Israel-Hamas Conflict & Labour's Great Expectations

On today's podcast:(1) The death toll from the conflict between Israel and the militant group Hamas has passed 1,100. (2) The Hamas incursion was Israel's worst military and intelligence failure in 50...

9 Okt 202324min

Bloomberg Daybreak Weekend: Speaker Battle, CPI, China

Bloomberg Daybreak Weekend: Speaker Battle, CPI, China

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking for you in the coming week including a preview of the upcoming CPI data, the battle to become speaker of...

7 Okt 202333min

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