Fed’s Powell on Inflation, UK Elections, S&P500 Record | Horizons Middle East & Africa 07/03/2024

From Bloomberg Markets and Finance.

Asian stocks rally after the S&P 500 closes above 5,500 for the first time after Federal Reserve Chairman Jerome Powell says inflation is on a downward path. Also on the show: Sterling gains ahead of the last day of campaigning in the UK general elections before voters head to the polls; and South Africa’s Reserve Bank Governor tells us monetary policy will be focused on achieving price stability by the first half of 2025. Guests include Oliver Kettlewell, FAB Asset Management Fixed Income Executive Director, and Queen Mary University of London Lecturer Cristina Juverdeanu.
00:00 Introduction
05:21 Finland’s President Stubb says China’s Xi could help end Russia’s war with Ukraine
08:44 Oliver Kettlewell, FAB Asset Management Fixed Income Executive Director
15;15 South African Reserve Bank Governor Lesetja Kganyago
18:00 Middle East latest: Israel-Hezbollah tensions continue to grow
27:42 UK general election 2024: 5 possible outcomes
30:48 Cristina Juverdeanu, Queen Mary University of London International Politics Lecturer
38:20 AI: National security worries about Microsoft-G42 deal
44:15 Turkish inflation expected to ease to 72.6%

Horizons Middle East & Africa is your daily spotlight on one of the world’s fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg.
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