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Podcast: Bloomberg Daybreak: Europe Edition
Episode: Powell Talks Transitory Risks, Tariffs 'China Shock' & Inheritance Tax Tactics
Description: Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) For weeks the US economic picture has been darkening. If Wednesday was an opportunity for Federal Reserve Chair Jerome Powell to raise the alarm, he took a hard pass. (2) President Donald Trump said the Federal Reserve should cut interest rates, splitting with the US central bank as officials weigh the economic cost of his tariff push. Â (3) Research by Bloomberg Economics shows that China has roughly managed to maintain its share of global exports d...