UPDATE: Red Hot UK Inflation And Focus On The Fed

Your morning briefing. The news you need in just 15 minutes. On today's podcast:
(1) UK inflation hits 10.4%, Jamie Rush, our Chief Europe Economist has the details.

(2) Jerome Powell gets set to unveil the Fed's next move after weeks of market turmoil.

(3) Former BOE policymaker Danny Blanchflower shares his though on Central Banks.

(4) The rescue of First Republic may need US government support.

(5) Authorities freeze deferred bonuses for bankers at Credit Suisse.

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