Stock market fragility
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Federal Reserve chair Jay Powell spooks investors with hawkish tone on Tuesday
Read a transcript of this episode on FT.com
Jay Powell signalled his support for a quicker withdrawal of the Federal Reserve’s massive asset purchase programme, and the world’s biggest clothing retailer, Inditex, has named the 37-year-old daughter of its founder as the company’s new chair. Plus, Robin Wigglesworth, the FT’s global finance correspondent, explains why markets might be more fragile than many people think.
Powell signals support for quicker ‘taper’ of Fed’s bond buying scheme
Markets are more fragile than investors think
Inditex shares fall after it appoints founder’s daughter as chair
Morrisons ditches soya for insects in chicken feed to hatch carbon neutral eggs
The FT News Briefing is produced by Fiona Symon and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Gavin Kallmann and Michael Bruning. The show’s theme song is by Metaphor Music. The FT’s global head of audio is Cheryl Brumley.
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