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Bloomberg Daybreak: Europe Edition

Chancellor's Advisers Warn Of Rate Hike Risks And Fed Drops Recession Forecast

14 min • 27 juli 2023

Your morning briefing, the business news you need in just 15 minutes.

On today's podcast:
(1) SCOOP: Jeremy Hunt's economic advisers worry the Bank of England risks hiking too far.

(2) The Fed raises rates to the highest level in 22 years, and no longer forecasts a recession.

(3) BNP Paribas, Barclays, and Shell are among the big names reporting results today.

(4) Britain's Met Office say 40 degree Celsius summers could become the norm by 2060. 

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