Is the Fed Really Going to Be Afraid to Lender the Fed?

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negative yields on the continent's most important debt bench mark, which is kind of crazy. But we've all got used to it because it's been this way for such a long time. It still feels unlikely that the european central bank will be bumped into moving earlier than it wants to. The very tech heavy nasdakindein states was in correction territory earlier this week - down ten % from its recent peaks. So the market is really saying, ohok, this is actually real. We're going to have to scramble.

The Federal Reserve has for the first time launched a period of debate of a central bank digital currency, and Luckin Coffee is planning to relist in the US after being delisted following a $300m fraud scandal. Plus, the FT’s Katie Martin explains why we should pay attention to German Bund yields turning positive this week.

Mentioned in this podcast:

Fed opens debate on possible digital currency

Luckin Coffee plots relisting in US two years after $300m fraud

Germany’s 10-year Bund yield turns positive for first time since 2019

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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