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Higher for even longer

Podcast |: FT News Briefing
Publisher |: Financial Times
Media Type |: audio
Podknife tags |: News & Politics
Categories Via RSS |: Daily News,; News,; News & Politics
Publication Date |: Apr 11, 2024
Episode Duration |: 00:11:15

Traders slashed bets on Federal Reserve interest rate cuts, the US audit regulator issued its biggest fine ever against KPMG, and the UK’s Lloyds Banking Group plans to cut jobs in risk management after an internal review found the function was a “blocker to our strategic transformation”.

Mentioned in this podcast:

Markets slash rate cut bets after US inflation rises to 3.5%

Investors lose hope of rapid US interest rate cuts this year

KPMG fined $25mn over exam cheating scandal at firm’s Dutch arm

Lloyds Bank axes risk staff after executives complain they are a ‘blocker’

Promo code for 10% off tickets: weekendpodcast

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Cara Shillenn, 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.

Read a transcript of this episode on FT.com

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