Market Watch and International Tensions: Rate Cuts and Rocket Strikes

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This chapter examines the upcoming interest rate decision by the Bank of England, focusing on the delicate balance between decreasing rates and rising inflation. It also discusses the escalating tensions in the Israel-Lebanon conflict, specifically highlighting a recent rocket strike that has resulted in tragic civilian casualties.

Losses in big tech stocks as investors punish companies over earning reports. The Bank of England may vote to reduce interest rates this week. Fallout after a Hizbollah attack on the Golan Heights.

Mentioned in this podcast:

US markets suffer worst day since 2022 as Tesla and AI stocks fall

BoE rate decision hangs on a knife edge as divided policymakers prepare to meet

Hizbollah drone footage highlights Israeli security vulnerabilities

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Mischa Frankl-Duval, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Our intern is Prakriti Panwar. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.

Read a transcript of this episode on FT.com

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