Fed indicates less aggressive interest rate increase

Fed indicates less aggressive interest rate increase

The chairman of the US Federal Reserve, Jay Powell, signaled that the central bank would begin to slow down the pace of interest rate increases, French President Emanuel Emmanuel Macron meets with US President Joe Biden today, and inflation in the euro zone has finally slowed down. We also receive the latest information on the consequences of the FTX crypto collapse.

mentioned in this podcast:

Jay Powell signals that the Fed will slow down the pace of interest rate increases in the next month

Emmanuel Macron uses the US visit to emphasize the economic burden of the EU through the Ukraine War

inflation in the euro zone falls more than expected to 10 %

crypto loan blockfi reports bankruptcy according to Chapter 11 to

The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The publisher of the show is Jess Smith. Additional help from Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the executive producer of the FT. The worldwide audio ladder of the FT is Cheryl Brumley. The show's title song comes from Metaphor Music.

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Source: Financial Times