49sec snip

FT News Briefing cover image

Sam Bankman-Fried found guilty

FT News Briefing

NOTE

Differing pictures: US vs Eurozone economy

The US economy has strong GDP numbers, while the Eurozone faces weaker conditions. The Bank of England predicts a stagnant economy with persistent high inflation. The Federal Reserve believes that a strong labor market may not lead to significant inflationary pressures. However, all three economies are open to further rate hikes and emphasize that they have not won the battle against inflation.

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