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J. Powell told Congress that the Federal Reserve might kick interest rates back into a higher gear. American women still earn less than men, and the pay gap has barely budged in decades. India makes it very hard for investors to place bets that a stock price will fall. So how did Hindenburg figure out how to short the Adani Group? We'll take a look.

Jay Powell warned US lawmakers that the Federal Reserve is prepared to return to bigger interest rate rises to fight inflation, and the US gender pay gap has barely budged in the past two decades. Plus, the FT’s Ortenca Aliaj explains how Hindenburg Research may have shorted Adani stocks.

Mentioned in this podcast:

How did Hindenburg short Adani stock?

Jay Powell warns Fed is prepared to return to bigger interest rate rises

Women still struggling to close corporate America’s gender gap

Credit: C-SPAN Federal Reserve Chair Testifies on Monetary Policy and the Economy

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The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. 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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