Global Rates: BoE Cuts Expected, BOJ Watch

A.M. Edition for Dec. 17. President Trump orders a “total and complete blockade” of all sanctioned oil tankers entering and leaving Venezuela. Plus, WSJ deputy finance editor Quentin Webb discusses the appetite for IPOs in 2026, after Medical-supplies distributor Medline completes the biggest initial public offering of the year. And America’s white-collar workers are filled with anxiety. WSJ economics reporter Rachel Louise Ensign unpacks the latest jobs report, which is an ominous sign in an era of big corporate layoffs and CEOs warning that AI will replace workers. Luke Vargas hosts.

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