Tesla reported record revenues last quarter, the Bank of Canada signalled it would pause interest rate rises, and trillions of dollars each day are gushing into a US Federal Reserve facility designed to mop up excess cash in the financial system.

Mentioned in this podcast:

Tesla aims to build 1.8mn cars this year but warns of challenges

US economic growth set to have slowed in fourth quarter of 2022

Investors pump trillions of dollars a day into ultra-safe Fed facility

Bank of Canada signals likely pause in tightening after latest interest rate rise

Central banks should sacrifice ambitions of a perfect economic landing

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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. 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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