7 min listen
Fed lays out rate cut plans
FromFT News Briefing
ratings:
Length:
9 minutes
Released:
Jun 13, 2024
Format:
Podcast episode
Description
The Federal Reserve held borrowing costs at a 23-year high yesterday, and Terraform Labs has agreed to pay $4.47bn in a case brought by the US Securities and Exchange Commission. Plus, tech companies launch a fight against a proposed California law to introduce a ‘kill switch’ on AI models. Mentioned in this podcast:Fed officials signal just one interest rate cut before end of 2024Silicon Valley in uproar over Californian AI safety billUS inflation falls to 3.3% in May in boost to marketsTerraform Labs to pay $4.5bn in SEC fraud caseThe FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. 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.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
Released:
Jun 13, 2024
Format:
Podcast episode
Titles in the series (100)
Friday, October 19: Tougher talk from the US on Saudi Arabia, Uber’s move from drivers to waiters and why Wall Street traded lower on Thursday. Plus, a report from day two of the EU summit. by FT News Briefing