Waller Backs Fed Cut Now, 1000% Return BOE Bet, Looking For G-20 Friends

Waller Backs Fed Cut Now, 1000% Return BOE Bet, Looking For G-20 Friends

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


On today's podcast:


(1) Federal Reserve Governor Christopher Waller said policymakers should cut interest rates this month to support a labor market that is showing signs of weakness.


(2) Federal Reserve Chair Jerome Powell in a Thursday letter countered criticisms leveled at the central bank by a top White House official over a $2.5 billion renovation project.


(3) Some traders have placed wagers in the UK options market that could net a more than 1,000% return if the Bank of England ignores inflation at an eighteen month high and delivers more cuts this year than rates pricing suggests.


(4) The US Commerce Department will impose preliminary anti-dumping duties on imports of Chinese graphite, a key battery component, after concluding that the materials had been unfairly subsidized.


(5) While rival media companies are unloading assets and cutting costs, Netflix continues to thrive.


(6) England are through to the semi-finals of the Women's European football championship after beating Sweden on penalties


Podcast Conversation: ChatGPT Will Soon Shop Online, Make PowerPoints on Your Behalf

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Episoder(1042)

BONUS EPISODE: UK 30-Year Bond Yields Hit 1998 High - What Now?

BONUS EPISODE: UK 30-Year Bond Yields Hit 1998 High - What Now?

As UK long-dated gilts hit a level not seen in 27 years, we have a special episode of Bloomberg Daybreak Europe. The rate on 30-year gilts rose five basis points to 5.69% on Tuesday amid a global decl...

2 Sep 202513min

Gold Hits Record High, Nestlé CEO Affair Exit, Lab Diamond Pressure

Gold Hits Record High, Nestlé CEO Affair Exit, Lab Diamond Pressure

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Gold hit a record high as the prospect of Federal Reserve rate cuts and growing concerns over the central ...

2 Sep 202518min

Xi, Modi & Putin Make Nice, Italy-France Tax Spat, A €2 Trillion Headache

Xi, Modi & Putin Make Nice, Italy-France Tax Spat, A €2 Trillion Headache

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Prime Minister Narendra Modi used his first trip to China in seven years to reset relations with India’s p...

1 Sep 202520min

Daybreak Weekend: Jobs Report, European Banking, China's Technology Battle

Daybreak Weekend: Jobs Report, European Banking, China's Technology Battle

Bloomberg Daybreak Weekend with Host Tom Busby take a look at some of the stories we'll be tracking in the coming week. In the US – a look ahead to the August jobs report and earnings from Salesforce...

30 Aug 202538min

No Putin-Zelenskiy Meeting, Waller Sees Sept Cut,  Reform Lures Lobbyists

No Putin-Zelenskiy Meeting, Waller Sees Sept Cut, Reform Lures Lobbyists

Your morning briefing, the business news you need in just 15 minutesOn today's podcast:(1) German Chancellor Friedrich Merz says a meeting between Ukrainian President Volodymyr Zelenskiy and Russia’s ...

29 Aug 202520min

Nvidia Underwhelms, $1.5 Trillion on Defense, Europe Warms To EV’s

Nvidia Underwhelms, $1.5 Trillion on Defense, Europe Warms To EV’s

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Nvidia, the world’s most valuable company, gave a tepid revenue forecast for the current period, signaling...

28 Aug 202521min

Fed’s Cook Vs Trump, Bond Surge Pressures France & UK, Data Crisis Deepens

Fed’s Cook Vs Trump, Bond Surge Pressures France & UK, Data Crisis Deepens

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Donald Trump said he was prepared for a legal fight with Federal Reserve Governor Lisa Cook after ...

27 Aug 202519min

Trump Says He's Firing Fed’s Cook, France Selloff, EU Tariff Struggles

Trump Says He's Firing Fed’s Cook, France Selloff, EU Tariff Struggles

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Donald Trump moved to oust Federal Reserve Governor Lisa Cook from her post at the US central bank...

26 Aug 202521min

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