The F T News Briefing - The Latest Business News

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The Fed may not be taking into account thee these earnings reports as heavily as investors think they might be. If companies do suggest that substantial job cuts are ahead, seems unlikely. But it is none the less possible that companies give a very grim assessment of what's likely to come in the next three to six months. Make sure you chek back next week for the latest business news.

Italian Prime Minister Mario Draghi resigns, the European Central Bank raises interest rates for the first time in more than a decade, Russia and Ukraine reach a deal to end a month-long grain blockade, and the FT’s Katie Martin explains why markets might rally when they see signs of a recession in corporate earnings reports.

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Mentioned in this podcast:

Italy president calls snap elections after Draghi quits as PM

Deal on table for release of millions of tonnes of grain from Ukraine ports

ECB raises rates for first time in more than a decade

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. 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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