FT News Briefing

Higher rates for even longer (and longer)

The Federal Reserve has signalled that US borrowing costs are likely to remain higher for longer, and cruise operator Viking Holdings rose on its market debut. Plus the FT’s Owen Walker explains what the exit of HSBC chief executive Noel Quinn means for the bank’s China strategy.  Mentioned in this podcast:<a href="https://on.ft.com/4bjP3RT" rel="noopener noreferrer" target="_blank">Federal Reserve signals that interest rates will remain higher for longer</a><a href="https://on.ft.com/3WrDNPd" rel="noopener noreferrer" target="_blank">Cruise line Viking rises after launching year’s second-largest US IPO</a><a href="https://on.ft.com/3WlS3ZK" rel="noopener noreferrer" target="_blank">What triggered Noel Quinn’s shock exit from HSBC</a> The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. 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/ce5f83f9-d60d-43e4-8c78-53324310ede0" 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.