The Fed passes on a pause
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 23 March 2023
⏱️ 10 minutes
🧾️ Download transcript
Summary
The US Federal Reserve pressed ahead with its monetary tightening campaign despite the recent turmoil in the banking sector and the FT’s Andrew Jack explains why the FT updated the criteria for its MBA rankings. Plus, UK inflation was unexpectedly high last month.
Mentioned in this podcast:
Fed presses ahead with quarter-point rate rise despite banking turmoil
Global MBA Ranking 2023: change at the top
Download the FT Edit app here: ft.com/ftedit
The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
Hosted on Acast. See acast.com/privacy for more information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | The FT News Briefing is supported by Equinole, the UK's energy partner. |
| 0:06.3 | Learn more at equinole.co.uk. |
| 0:09.8 | Hi guys, we're going to get to today's briefing in just a second, |
| 0:12.8 | but first I want to tell you about FT Edit. |
| 0:15.6 | It's an app for your iPhone and iPad that gives you access to |
| 0:19.2 | eight of the FT's best stories hand-picked every weekday. |
| 0:23.5 | The app's editors serve up a perfect mix of politics, |
| 0:26.7 | business, and global news from our award-winning journalists, |
| 0:30.4 | plus opinion pieces from our top columnists. |
| 0:33.2 | The best part? You can try FT Edit today completely free for 30 days |
| 0:37.6 | with no obligation. Just head to the show notes for the link. |
| 0:43.3 | Good morning from the Financial Times. Today is Thursday, March 23rd, |
| 0:46.9 | and this is your FT News Briefing. |
| 0:51.9 | The Federal Reserve is taking a less aggressive approach to fighting inflation |
| 0:56.0 | and the FT's 2023 MBA rankings are out. |
| 0:59.9 | We'll tell you who tops the list. |
| 1:02.4 | I'm Mark Filipino and here's the news you need to start your day. |
| 1:16.2 | The Federal Reserve raised interest rates by a quarter of a percentage point yesterday. |
| 1:20.8 | Central bankers did consider pausing rate hikes because of the turmoil in the banking sector. |
| 1:26.0 | Here's the FT's US Economics Editor, Colby Smith. |
| 1:30.0 | So I think the key word from all of this is uncertainty. |
| 1:34.1 | We heard Powell say this again and again, and essentially the point is that |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Forhecz Topher, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Forhecz Topher and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.