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Podcast: Bloomberg Daybreak: Europe Edition
Episode: A $10 Trillion Reckoning & Fed Officials Predict Cuts
Description:  Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) A new era of global rearmament is gathering pace, and it will mean vast costs and some tough decisions for western governments already struggling with shaky public finances.(2) More UK firms are tipped to be takeover targets this year as rock-bottom valuations spark an M&A boom among the country’s stocks.(3) Former Federal Reserve Bank of St. Louis President James Bullard said he’s expecting three interest rate cuts this year as inflation moves toward the central bank’s targe...