F T News Briefing - What's Next?

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The european central bank cut its growth forecast, but it raised its inflation forecast. Christine lagard described as the war as a watershed moment for Europe. The central bank will be scaling back its bond buying programme. We might still get that rarest of things, a european rate rise.

US consumer price growth approached 8 per cent last month ahead of a surge in energy prices following Russia’s invasion of Ukraine, and the war in Ukraine is causing energy bills to skyrocket in the UK. Plus, the FT’s central European correspondent, James Shotter, talks about his reporting on the flood of Ukrainian refugees into Poland and how Poles are responding.

Mentioned in this podcast:

Tears of relief on Polish border as flow of refugees inches to safety

US inflation reaches 7.9% in February hitting new 40-year high

ECB scales back stimulus plan as Ukraine war drives up inflation expectations

War in Ukraine: free to read

The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber and Gavin Kallmann. The show’s theme song is by Metaphor Music. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley.

Read a transcript of this episode on FT.com

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