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1 Navigating Career Pivots and Grit with Milo’s Avni Patel Thompson 26:18
Wall Street up after Fed slashes rates again
Manage episode 449049584 series 2874694
The S&P and Nasdaq attain fresh record highs after the Fed cuts rates for a second consecutive time. However, Fed chair Jerome Powell’s press conference was dominated by questions about his position at the central bank following the re-election of President Donald Trump. Trump rewards his campaign manager Susie Wiles with the position of chief-of-staff, the first key appointment to his White House team. Outgoing President Joe Biden promises to ensure a smooth transition of power. In the UK, the Bank of England cuts rates by 25bps while hiking the inflation forecast following Chancellor Rachel Reeves’ new budget. Governor Andrew Bailey says developments Stateside are being closely monitored. Following the collapse of the German coalition government, Chancellor Olaf Scholz is under pressure to hold snap elections. Chairman of the Supervisory Board at Siemens Energy Joe Kaeser tells CNBC that the German economy is crying out for political stability.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
1534 episoder
Manage episode 449049584 series 2874694
The S&P and Nasdaq attain fresh record highs after the Fed cuts rates for a second consecutive time. However, Fed chair Jerome Powell’s press conference was dominated by questions about his position at the central bank following the re-election of President Donald Trump. Trump rewards his campaign manager Susie Wiles with the position of chief-of-staff, the first key appointment to his White House team. Outgoing President Joe Biden promises to ensure a smooth transition of power. In the UK, the Bank of England cuts rates by 25bps while hiking the inflation forecast following Chancellor Rachel Reeves’ new budget. Governor Andrew Bailey says developments Stateside are being closely monitored. Following the collapse of the German coalition government, Chancellor Olaf Scholz is under pressure to hold snap elections. Chairman of the Supervisory Board at Siemens Energy Joe Kaeser tells CNBC that the German economy is crying out for political stability.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
1534 episoder
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1 LHR shut after massive electrical fire 25:23



1 Israel shatters ceasefire in wave of deadly strikes 26:21

1 Chinese demand up as U.S. tariffs loom 27:28

1 Trump announces 200 per cent levy on EU alcohol 26:21



1 Wall Street suffers $1tn tech stock rout 24:23

1 Trump says U.S. recession still possible 29:38

1 Trump pauses tariffs on Mexico, Canada 26:18

1 Trump offers Canada/Mexico autos tariffs reprieve 29:24


1 Trump tariffs on Canada, Mexico & China begin 25:22

1 Starmer urges 'coalition of the willing' against Putin 28:58
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