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
China's birth rate tumbles to historic low
China has registered its lowest number of births since records began. European governments weigh up options to bring down the high cost of their state pensions? Saudi Arabian banks borrow at record pace. Plus, Chinese EV carmakers have their eyes on the UK.Mentioned in this podca ... Show More
12m 31s
Yesterday
EU readies retaliation for Trump’s Greenland threat
As Europe considers retaliation measures to US President Donald Trump’s tariff threat to NATO allies that oppose his Greenland-takeover bid, Denmark seeks to bolster its own relationship with the Arctic island. Plus, the US capture of Venezuela’s president has boosted demand for ... Show More
12m 26s
Jan 16
China’s state iron ore buyer flexes muscles
The EU is proposing a new way to allow Ukraine to join the bloc, and it was the best year for US investment banks since 2021. Plus, a look into the iron ore market and the role China is playing in it, and a preview of the World Economic Forum in Davos. Mentioned in this podcast:E ... Show More
12m 5s
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