Federal Reserve's Balancing Act and Viking's Public Trading

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Exploring the Federal Reserve's strategy around balance sheet growth through quantitative tightening and the recent adjustments made to this process, aiming to manage money market dislocation and navigate inflation concerns with minimal economic impact. Additionally, the chapter touches on Viking cruise line's notable public trading launch.

The Federal Reserve has signalled that US borrowing costs are likely to remain higher for longer, and cruise operator Viking Holdings rose on its market debut. Plus the FT’s Owen Walker explains what the exit of HSBC chief executive Noel Quinn means for the bank’s China strategy.

Mentioned in this podcast:

Federal Reserve signals that interest rates will remain higher for longer

Cruise line Viking rises after launching year’s second-largest US IPO

What triggered Noel Quinn’s shock exit from HSBC

The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino. Additional help by Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. 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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