16 min listen
SQUAWK BOX, WEDNESDAY 11TH MARCH, 2020
ratings:
Length:
37 minutes
Released:
Mar 11, 2020
Format:
Podcast episode
Description
In a special edition of the Squawk Podcast, we bring you two parts of our 3 hour programme. Part 1: A whipsaw session as US stocks swing from a 900 point rally, to the brink of bear market, and back again, while Asian equities take a leg down amid unanswered questions over US stimulus. US Futures also trade lower after President Trump pitches a zero percent payroll tax rate, but his team fails to provide details on a promised fiscal package. EU leaders pledge decisive action to tackle coronavirus, announcing fresh investment and measures to prop up small business. Part 2: The Bank of England surprises markets with a 50 basis point cut, lowering interest rates from 0.75% to 0.25% and joining the Fed in delivering its first emergency move since 2008. The BOE warns that economic activity will weaken significantly due to the Coronavirus shockSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Mar 11, 2020
Format:
Podcast episode
Titles in the series (100)
SQUAWK BOX, FRIDAY 15th MARCH, 2019 by Squawk Box Europe Express