17 min listen
SQUAWK BOX, FRIDAY 5TH AUGUST, 2022
ratings:
Length:
27 minutes
Released:
Aug 5, 2022
Format:
Podcast episode
Description
Investors await key non-farm payrolls jobs report. Cleveland Federal Reserve President Loretta Mester has reiterated the central bank’s resolve to rein in inflation via rate hikes. On this side of the pond, the BoE hikes rates by 50 bps – the largest move it has made in 27 years. Governor Andrew Bailey says the UK is likely to fall into recession in the fourth quarter with inflation topping 13 per cent by October. Tesla shareholders approve a 3-for-1 share split. CEO Elon Musk suggests building more giga-factories and offering a share buyback. And Chinese e-commerce giant Alibaba posts a Q2 beat but revenue falls for the first time since its New York IPO, due to Beijing’s strict zero-Covid policies. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Aug 5, 2022
Format:
Podcast episode
Titles in the series (100)
SQUAWK BOX EUROPE EXPRESS 11th MARCH 2019 by Squawk Box Europe Express