Donald Trump has nominated Stephen Miran to fill a soon-to-be vacant seat on the Federal Reserve’s board of governors, and the Financial institution of England lowered charges by 1 / 4 per cent in a detailed vote. Plus Europe’s weapons factories are increasing quick and US President Donald Trump threatens a 100 per cent tariff on chips excluding Apple.
Talked about on this podcast:
https://www.ft.com/content/298bf95e-49ec-4d9f-8948-b7f72cf4ffdd
BoE cuts rates with a hawkish shift in its outlook
Europe builds for war as arms factories expand at triple speed
Donald Trump threatens 100% tariff on chips but with carve-out for Apple
Sign up here for the Chris Giles on Central Banks e-newsletter.
At present’s FT Information Briefing was produced by Sonja Hutson and Marc Filippino. Further assist from Sam Giovinco, Gavin Kallmann and David da Silva. The FT’s appearing co-head of audio is Topher Forhecz. Our intern is Michaela Seah. The present’s theme music is by Metaphor Music.
