Fed Divisions & UK Asset Managers Accused Of Risky Business

Bloomberg Daybreak: Europe Edition
06/07/2023 16 min
Fed Divisions & UK Asset Managers Accused Of Risky Business

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Episode Synopsis

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Fed minutes reveal disagreement over the decision to pause in June. (2) The US Treasury Secretary, Janet Yellen, visits Beijing as tech tensions grow. (3) The FCA says asset managers are not adequately monitoring their funds' liquidity. (4) JP Morgan warns of a 7% UK base rate as house prices fall. See omnystudio.com/listener for privacy information.

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