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Fed's Powell Urges Patience, UK Downgrades Growth Forecast

Fed's Powell Urges Patience, UK Downgrades Growth Forecast

Bloomberg12-02-2025

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 (Source: Bloomberg)

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