Fed skips an interest rate increase

The US Federal Reserve paused its interest rate rise campaign on Wednesday after 10 straight increases, and former UK prime minister Boris Johnson has been found to have committed “multiple” contempts of parliament. Plus, Russian energy giant Gazprom has been backing militias in the Ukraine war.Mentioned in this podcast:Federal Reserve pauses rate rise campaign but signals more to comeBoris Johnson found to have committed ‘multiple’ contempts of parliament‘Stream’ and ‘Torch’: the Gazprom-backed militias fighting in UkraineBeyonce blamed for stubbornly high Swedish inflationCredit: Beyonce performs Break My Soul in StockholmThe FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Katie McMurran, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.