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Daybreak Weekend: Central Bank Decisions, China's Economy, Congress in the New Year

Daybreak Weekend: Central Bank Decisions, China's Economy, Congress in the New Year

FromBloomberg Daybreak: Asia Edition


Daybreak Weekend: Central Bank Decisions, China's Economy, Congress in the New Year

FromBloomberg Daybreak: Asia Edition

ratings:
Length:
35 minutes
Released:
Dec 8, 2023
Format:
Podcast episode

Description

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week.
1) In the US - We preview Federal Reserve policy meeting and news conference with Chair Jerome Powell. Economists see the Fed’s policy committee maintaining a benchmark interest rate target of 5.25% to 5.5%, with bond traders leaning toward a cut in the first half of 2024.
2) In the UK - It's a big week ahead for central banks in Europe too - with both the Bank of England and the European Central Bank meeting on Thursday. Market bets on rate cuts from policymakers in London and Frankfurt have been ramping up - but there's more data to come too.
3) In Asia - The Chinese economy has struggled this year in its post-Covid recovery. For months, the optimists have been hoping for signs of a turning point. Might there be a glimmer of improvement in the week ahead?
4) In Washington DC - we look ahead to what we can expect from congress in the new year.  See omnystudio.com/listener for privacy information.
Released:
Dec 8, 2023
Format:
Podcast episode

Titles in the series (100)

Bloomberg Daybreak Asia  delivers today's top stories, with context, in just 15 minutes. Get informed from Bloomberg's 2,700 journalists and analysts in 120 countries.