FT News Briefing

Fed signals fewer cuts in 2024

Federal Reserve officials on Wednesday signalled support for another rate rise this year and fewer cuts in 2024, share buybacks on the US stock market have dropped to the slowest pace since the early part of the Covid-19 pandemic, and the FT’s Gideon Rachman talks about his new three-part podcast series on Bidenomics.  Mentioned in this podcast:<a href="https://on.ft.com/3t6dVvS" rel="noopener noreferrer" target="_blank">Federal Reserve signals fresh rate rise this year and fewer cuts in 2024</a><a href="https://on.ft.com/46nWrcF" rel="noopener noreferrer" target="_blank">Two-year Treasury yield hits highest point since 2006 after Fed decision</a><a href="https://on.ft.com/3PKTJYZ" rel="noopener noreferrer" target="_blank">Companies ease off on share buybacks as rising interest rates push up costs</a><a href="https://www.ft.com/rachman-review" rel="noopener noreferrer" target="_blank">The Rachman Review podcast: Bidenomics</a> The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Monique Mulima, Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.  <a href="https://www.ft.com/content/b5e3f299-711c-413f-b8cf-dbe621406e66" rel="noopener noreferrer" target="_blank">Read a transcript of this episode on FT.com</a> Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.

A rundown of the most important global business stories you need to know for the coming day, from the newsroom of the Financial Times. Available every weekday morning. Hosted on Acast. See <a href="https://acast.com/privacy" rel="noopener noreferrer" style="color:grey;" target="_blank">acast.com/privacy</a> for more information.