Fed Chief Powell Discusses Interest Rates, Traders Bet on Rate Cuts, UK Economy Contracts, Israel Responds to Drone Attack

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:

(1) On Thursday, trades handled by the world's largest bank in the globe's biggest market traversed Manhattan on a USB stick.

(2)  Federal Reserve Chair Jerome Powell said the US central bank will continue to move carefully but won't hesitate to tighten policy further if needed to contain inflation. 

(3) Israel is providing "quick humanitarian windows" to allow people to flee northern Gaza while the military fights Hamas militants

(4) Rishi Sunak's deputy held meetings this week to plan changes to the UK Cabinet, people familiar with the matter said, amid growing calls for Home Secretary Suella Braverman to be fired.

(5) The Middle East has long been a global crossroads for air travel. But flying those routes has become more difficult in recent weeks, with airlines forced to skirt war zones, and curtail services as a safety precaution. 

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