Fed Cuts Rates; Powell Says Wouldn’t Resign If Asked By Trump | Daybreak: Europe 11/08/2024

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we’ll tell you what matters for investors in Europe, giving you insight before trading begins.
Today’s guests: Gorana Grgić, Senior Researcher in Euro-Atlantic security at ETH Zurich and Senior Lecturer at the University of Sydney & Frederique Carrier, Head of Investment Strategy at RBC Wealth Management

Chapters:
00:00:00 – Intro
00:00:18 – Federal Reserve Chair Jay Powell Tells Reporters Trump Cannot Make Him Resign
00:00:56 – Richemont ‘s Earnings Miss
00:02:42 – BOE Delivers Second Rate Cut This Year
00:07:16 – Market to Fed Rate Cuts
00:08:38 – Donald Trump Confirms Susie Wiles as White House Chief of staff
00:14:40 – CDU’s Christian Merz; Scholz Bid to Delay Election Until March ‘Irresponsible’
00:20:37 – How a Trump Presidency Impacts US Climate Actions
00:23:29 – Sony Still Sees Ps5 Sales of 18 Million Units This Fiscal Year
00:28:57 – Vladimir Putin: Trump’s Plan Deserves Attention
00:31:57 – Europe, Ukraine Weigh Trump Presidency
00:37:55 – RBC’s Frederique Carrier Says Trump is a Needed Crisis in Europe
00:43:32 – Richard Clarida’s Outlook for Fed Policy
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