Uncertainty reigns in US markets
FT News Briefing
Forhecz Topher
4.4 • 1.2K Ratings
🗓️ 11 April 2025
⏱️ 13 minutes
🧾️ Download transcript
Summary
US inflation fell more than expected to 2.4 per cent in March, and France’s Renault is one of the few carmakers insulated from Donald Trump’s trade war. Plus, Indonesia is looking to run its colossal new sovereign wealth fund “like a public company”.
Mentioned in this podcast:
US inflation falls more than expected to 2.4% in March
Indonesia’s new sovereign wealth fund vows transparency ‘like a public company’
Renault emerges as winner in Trump tariff chaos
Sky to bring hit US series ‘Saturday Night Live’ to the UK
Credit: NBC
The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian, Ethan Plotkin, Lulu Smyth, and Marc Filippino. Additional help from Katya Kumcova, Breen Turner, Sam Giovinco, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Joseph Salcedo. 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 | We're Equinor, an energy company searching for better. Currently, we supply 27% of the UK's gas, |
| 0:07.0 | 15% of its oil, and we're playing our part in the UK's energy transition. In 2023, we invested |
| 0:14.1 | 20% of our global gross spend in renewables and lower carbon solutions. Today, our wind farms power |
| 0:20.0 | 750,000 homes, and we expect this to grow to |
| 0:23.3 | over 7 million UK households. We're an energy company searching for better. Equinor.com. |
| 0:29.0 | UK. |
| 0:33.7 | Good morning from the Financial Times. Today is Friday, April 11th. |
| 0:37.9 | And this is your FT News briefing. |
| 0:40.3 | U.S. stocks lost their sugar rush yesterday. |
| 0:43.3 | Meanwhile, there seems to be at least one company riding out the trade storm. |
| 0:47.8 | Plus, Indonesia has one of the biggest new sovereign wealth funds. |
| 0:52.4 | But what happens if it gets mismanaged? |
| 0:55.6 | I'm Mark Filipino, and here's the news you need to start your day. |
| 1:09.9 | U.S. stocks lost their buzz after having their best day in nearly two decades. |
| 1:15.9 | The S&P 500 fell three and a half percent on Thursday. |
| 1:20.5 | And that's despite Donald Trump implementing a 90-day pause on tariffs |
| 1:25.2 | and a pretty encouraging inflation report that came out yesterday. |
| 1:29.7 | Here to help me unpack all this is the FT's U.S. markets editor, Kate Dugood. Hey, Kate. |
| 1:35.2 | Hey. So, Kate, first, the inflation report. The consumer price index fell more than expected to 2.4%. |
| 1:42.7 | Usually that tells markets, hey, the Federal Reserve might be |
| 1:47.4 | closer to cutting interest rates, which they love. Why the sell-off then? The market wasn't |
| 1:54.2 | particularly excited about this because the data is stale. It doesn't capture anything that has |
... |
Transcript will be available on the free plan in 6 days. Upgrade to see the full transcript now.
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 2025.