19 min listen
SQUAWK BOX, FRIDAY 10TH JUNE, 2022
ratings:
Length:
28 minutes
Released:
Jun 10, 2022
Format:
Podcast episode
Description
Wall Street marks its worst day in more than three weeks as markets await a fresh read on US inflation, with CPI forecast to hold near 40-year highs. “There’s nothing to suggest a recession is in the works,” says U.S. Treasury Secretary Janet Yellen. She rejects suggestions that a downturn is on the way, highlighting that the labour market is strong. China bucks the global inflation trend, as input prices hit at 14-month low, while consumer price inflation comes in below forecasts for May. The ECB pledges to raise rates by 25 basis points in July and leaves the door open to a more hawkish move in September, as the central bank significantly slashes growth forecasts and raises inflation expectations.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Jun 10, 2022
Format:
Podcast episode
Titles in the series (100)
SQUAWK BOX, TUESDAY 19TH MARCH, 2019 by Squawk Box Europe Express