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Bloomberg Daybreak: Europe Edition

US Regional Bank Problem Not Over And Powell Hints At A Pause

04 May 2023

Description

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) US lender PacWest confirms Bloomberg's reporting that it's discussing options, including a possible sale. (2) Powell hints rates have peaked as the Federal Reserve hikes by a quarter point. (3) The ECB gets ready to reveal its latest rates decision. (4) Vodafone and CK Hutchison are reported to be close to agreeing a £15bn tie-up.See omnystudio.com/listener for privacy information.

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