Federal Reserve gears up for change

18 June 2026 · 10m

FT News Briefing

Play — keeps going as you browse

Not rated yet

Comments

oldest first

Show notes

The Federal Reserve has dropped its bias towards lowering rates in the central bank’s first meeting chaired by Kevin Warsh, President Donald Trump said the US would release frozen Iranian funds, and UK inflation held unexpectedly steady last month. Plus, Chinese tech giant Huawei is making a huge comeback after being written off seven years ago.

Mentioned in this podcast:

Federal Reserve drops bias for rate cuts as Kevin Warsh era begins

Donald Trump to release Iran’s frozen funds and ease sanctions when ‘they behave’

Huawei’s big comeback tests limits of US chip controls

UK inflation unexpectedly holds steady at 2.8% in May

Five things to know about the high-stakes Makerfield by-election

CREDIT: C-SPAN

Want to get in touch? Email us at [email protected]

Note: The FT does not use generative AI to voice its podcasts

The FT News Briefing is produced by Victoria Craig, Sonja Hutson, Saffeya Ahmed, Katya Kumkova, and Fiona Symon. Our editor is Marc Filippino. Our show is mixed by Kelly Garry and Alex Higgins. Additional help from Gavin Kallmann, Michael Lello, Peter Barber and David da Silva. Our intern is Cole van Miltenburg. Our executive producer is Topher Forhecz. Flo Phillips is the FT’s global head of audio. The show’s theme music is by Metaphor Music.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

More episodes

Fed holds rates as inflation fears grow30 Jul The Big Tech earnings dilemma29 Jul Ares’ big play in private equity28 Jul Hike or hold: Investors split ahead of Fed decision27 Jul Oil hits $100 and drives global bond sell-off24 Jul

Where to listen

Where to listen to FT News Briefing

Listen on Apple Podcasts