26 min listen
SQUAWK BOX, FRIDAY 13TH MAY, 2022
ratings:
Length:
26 minutes
Released:
May 13, 2022
Format:
Podcast episode
Description
U.S. Federal Reserve Chairman Jerome Powell admits that the central bank could have moved faster in raising interest rates and that he was unable to guarantee a ‘soft landing’ as April producer prices soared by 11 per cent. Wall Street caps another volatile session with U.S. stocks suffering their worst weekly performance since January. In crypto news, the collapse of stablecoins Terra and Tether raises fears of contagion in the market as Bitcoin falls to its lowest level in 16 months. And in Schleswig-Holstein, Germany, G7 foreign ministers meet to further underline their support for Ukraine. EU Foreign Affairs High Representative Josep Borrell tells CNBC that the Russian invasion will have far-reaching consequences globally.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
May 13, 2022
Format:
Podcast episode
Titles in the series (100)
SQUAWK BOX, MONDAY 25TH MARCH, 2019 by Squawk Box Europe Express