Shifts in the Ukraine Conflict and Trump's Views on the Federal Reserve

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This chapter analyzes recent military developments in the Ukraine-Russia conflict, focusing on Ukraine's operations in the Kursk region and the implications of Western weaponry. It also reflects on Trump's comments about the Federal Reserve and their potential impact on economic policy.

The stock market sell-off earlier this week may have been a bit of an overreaction, and overall consumer spending has been struggling recently. Plus, the FT’s Christopher Miller explains what Ukraine’s surprise counteroffensive in Russia means.

Mentioned in this podcast:

Everyone calm down

US consumer spending slowdown weighs on travel and leisure groups

Battles rage in Russia as Kyiv advances in war’s largest counter-incursion

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help from Jess Smith, Denise Guerra, 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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