logo
episode-header-image
Mar 2022
10m 3s

The Federal Reserve finally raises rates

Financial Times
About this episode

The Federal Reserve has lifted its benchmark interest rate by a quarter of a percentage point, Europe’s largest energy traders have called on central banks for help to avert a cash crunch, and the FT’s Tom Mitchell discusses the rising cost of Beijing’s loyalty to Moscow. 


Subscribe to the FT News Briefing on Apple Podcasts or Spotify


Mentioned in this podcast:

Fed announces first rate rise since 2018 amid surging inflation

China makes rare intervention to bolster confidence after market rout

The rising cost of China’s friendship with Russia 

Energy traders call for ‘emergency’ central bank intervention

War in Ukraine: free to read 

Twitter Space: China’s involvement in the war in Ukraine 


The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.


Read a transcript of this episode on FT.com


Hosted on Acast. See acast.com/privacy for more information.

Up next
Today
How Deutsche Bank got its groove back
President Donald Trump has signed an executive order that creates a “voluntary framework” for the US to gain early access to cutting-edge AI models, and the conviction of short seller Andrew Left may change how investors take positions. Plus, gold has overtaken US Treasuries as t ... Show More
11m 28s
Yesterday
What Berkshire’s life after Buffett looks like
The US is in talks to expand nuclear weapons deployments in Europe, and Anthropic might make its powerful cyber security tool Mythos available outside the US and the UK. Plus, Iran suspended peace talks with Washington, and the FT’s Oliver Barnes explains the significance of Berk ... Show More
9m 59s
Jun 1
Intel looks to level up in AI race
Intel wants to challenge rivals with a new AI chip, young people are sceptical of artificial intelligence, the inflation shock from the US-Israeli war on Iran is set to fall short of the 2022 price surge, and the EU is worried as China builds an industrial base in Morocco. Plus, ... Show More
12m 10s
Recommended Episodes
May 2023
China Wants The Yuan To Rival The Almighty Dollar
The US dollar is the world’s most-used currency for global transactions. Now China aims to elevate its currency as an alternative. Over the past year, President Xi Jinping's government has struck deals linked to the yuan stretching from Russia and Saudi Arabia to Brazil and even ... Show More
27m 28s
Mar 2022
MM058: Russian default risk recedes & is President Xi in trouble?
<p>In this episode, Piers and I catch up on what has been another busy week in markets where global stocks are on course for their best week since November 2020.</p><br><p>We catch-up on the latest news on Ukraine, where reports midweek suggested Ukraine and Russia have made sign ... Show More
1h 7m