Fed and BoJ expect rate hikes as US bond market flails
Summary
FT News Briefing covers the high stakes of upcoming Federal Reserve and Bank of Japan meetings, where expected rate hikes aim to stabilize US Treasury yields amid pressure from President Trump. The episode also reports on a Russian drone attack near a train carrying foreign dignitaries in Ukraine. Finally, it details the cancellation of a major Blackstone-backed data center in Virginia after years of opposition from Civil War preservationists and local residents concerned about environmental and economic impacts.
Topics discussed
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Introduction and daily news overview
Central bank rate decisions and US bond market
Russian drone attack near foreign dignitaries
Civil War preservationists vs data center project
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