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For your information, you can find below the description of the video Fed's Powell Urges Patience, UK Downgrades Growth Forecast | Daybreak: Europe 02/12/2025 published by the Youtube channel Bloomberg Television:
Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins.
On today's show, Jerome Powell tells congress the Fed will be patient before lowering borrowing costs. Meanwhile, the UK's fiscal watchdog downgrades its growth forecast, piling pressure on the government's growth agenda.
Today's Guests: ABN Amro CFO Ferdinand Vaandrager, BNP Paribas Markets 360 Equity Derivatives Strategist Benedicte Lowe, Ahold Delhaize Jolanda Poots-Bijl
Chapters:
00:00:00 - Daybreak Europe
00:05:20 - Bumper Day of European Earnings
00:06:11 - Jay Powell: No Hurry to Cut
00:10:51 - ABN Amro CFO Ferdinand Vaandrager
00:19:41 - IBM Welcomes DeepSeek AI Disruption
00:22:30 - Citadel's Griffin Criticizes Tariff Rhetoric
00:26:15 - US, UK Refuse to Sign AI Summit Communique
00:31:00 - Benedicte Lowe, BNP Paribas Markets 360 Equity Derivatives Strategist
00:36:26 - China Mulls Funding to help Vanke
00:38:28 - Ahold Delhaize CFO Jolanda Poots-Bijl
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