Fed interest rate rises are back
Summary
The FT News Briefing covers the Federal Reserve’s first interest rate hike since 2023, driven by persistent inflation and a resilient US economy. It also reports on the EU’s push to restrict Chinese hybrid car exports to 15% of the market to address a massive trade deficit. Finally, the episode explores how AI is transforming warfare in Ukraine and Iran, highlighting the risks of automated targeting and the limits of computer vision in modern conflict.
Topics discussed
Sponsor: Hard Lessons podcast
Introduction and news overview
Fed raises interest rates by quarter point
Analysis: Inflation and labor market rationale
Effectiveness of rate hikes and Fed credibility
Fed Chair Warsh's response to Trump pressure
EU demands China restrict hybrid car exports
AI in warfare: Introduction and Ukraine context
AI-enabled drones and autonomous targeting
AI in intelligence processing and target generation
Risks of AI warfare and limits of strategy
Sponsor: Washington Wise podcast
Sponsor: Bo and Branch sheets
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