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Podcast: Bloomberg Daybreak: Europe Edition
Episode: The Fed's Big Cut, More Devices Explode & Global Shadow Fleet Exclusive
Description: Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) Federal Reserve Chair Jerome Powell led his colleagues to an outsize interest-rate cut designed to preserve the strength of the US economy as risks to the labor market mount, marking an end to their single-minded focus on quashing inflation.(2) Traders ramped up their bets on the pace of future US interest-rate cuts after the Federal Reserve reduced its benchmark by half a point and signalled more cuts coming this year.(3) The Bank of England is likely to...