12 min listen
SQUAWK BOX, FRIDAY 20TH OCTOBER, 2023
ratings:
Length:
25 minutes
Released:
Oct 20, 2023
Format:
Podcast episode
Description
U.S. Federal Reserve Chairman Jerome Powell has dismissed criticism that the current rate policy is too tight and that recent signs of cooling are still not enough to convince that inflation is falling sustainably towards the central bank’s goal. Wall Street was pushed into the red after the 10-year Treasury yield breached the key 5 per cent mark. It is at its highest level in 16 years. U.S. President Joe Biden has called on Congress to release up to $100bn in a new security aid package to Ukraine and Israel, saying American leadership ‘holds the world together’. L’Oréal posts an 11 per cent surge in Q3 sales despite weak Chinese demand. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Oct 20, 2023
Format:
Podcast episode
Titles in the series (100)
SQUAWK BOX, MONDAY 18TH MARCH, 2019 by Squawk Box Europe Express