Fed enters a new phase

Investors sounded the alarm on Thursday after a major Qatar gas facility took serious damage, and amateur traders are going wild for five-minute bets. Mentioned in this podcast:‘Armageddon scenario’ for gas markets as Qatar hit by missilesFive-minute bets are the new craze sweepi ...  Show more

The US has relaxed sanctions on Venezuela’s state-owned oil group Petróleos de Venezuela and the Federal Reserve has stuck with plans to cut rates later this year. Plus, Walmart won patents to give algorithms more sway over prices and fears of an immediate escalation in the confl ...  Show more

It’s almost time to wave goodbye to the summer, but is Rishi Sunak also poised to bid farewell to some of his ministers? The FT’s Whitehall editor Lucy Fisher is joined by columnist Stephen Bush and political editor George Parker to discuss a cabinet shake up. Plus, the FT’s U ...

The Bank of England expects the UK to fall into the longest ever recession. Stephanie Flanders, Head of Bloomberg Economics, and Claer Barrett, Consumer Editor at Financial Times, talk it all through. Also, American comedian Rob Delaney speaks movingly about the loss of his young ...  Show more

Chancellor Kwasi Kwarteng unveils the biggest package of tax cuts in 50 years, before being questioned by Chris on his thinking. We hear what the chancellor has to say, as well as Chris’s thoughts, and those of the Financial Times’ Clear Barrett and former Bank of England Chief E ...  Show more

A lot of the time, economic policy can seem pretty impersonal — cold, hard, data-driven. But at the heart of the Federal Reserve are people: fallible, complicated people who are just doing their best to steer the economy in the right direction. Often, we remember them just for th ...  Show more