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Podcast: Bloomberg Daybreak: Europe Edition
Episode: The Fed Pivots, BOE & ECB Decisions, Biden Impeachment Inquiry
Description: Your morning briefing, the business news you need in just 15 minutes.On today's podcast: (1) The Federal Reserve held interest rates steady for a third meeting and gave its clearest signal yet that its aggressive hiking campaign is finished by forecasting a series of cuts next year. (2) Virtually no corner of financial markets was left out of Wednesday's cross-asset advance: Global shares spiked higher. Front-end Treasuries posted their best day since March. World currencies surged against the dollar and corporate bonds rallied. (3) Traders have ramped up bets on interest-rate cuts by the Bank of Englan...