China announced a 10 trillion yuan ($1.4 trillion) program to refinance local government debt. Asia’s largest economy is hoping to resolve its local government hidden debt crisis by raising the debt ceiling to 35.52 trillion yuan. The package has disappointed markets, which were expecting more stimulus measures to boost domestic demand and offset potential export losses due to Trump’s tariff threats. Also on the show today, we spoke exclusively to the Czech central bank Governor Ales Michl on the country’s rates outlook and how the auto sector will operate under a Trump presidency across the Atlantic.
Today’s guests: Tina Fordham, Fordham Global Foresight; Geopolitical Strategist & Founder; Ales Michl, Czech Central Bank Governor; Benjamin Haddad, French EU Minister; Mark Sedwill, Former UK National Security Adviser & Member of the House of Lords
——–
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Chapters:
00:00:00 – Market check
00:01:56 – The Pulse with Francine Lacqua
00:02:49 – Trump trade rally takes a breather
00:03:43 – Tina Fordham, Fordham Global Foresight; Geopolitical Strategist & Founder
00:05:44 – Powell: won’t resign if asked by Trump
00:09:53 – China unveils $1.4 trillion debt swap
00:14:44 – China’s luxury demand and sales in focus
00:18:01 – BOE’s Bailey: emphasized gradual on rates policy
00:21:17 – Headlines
00:22:10 – EXCLUSIVE: Ales Michl, Czech Central Bank Governor
00:30:59 – Mark Sedwill, Former UK National Security Adviser & Member of the House of Lords
00:35:10 – EU leaders discuss support for Ukraine
00:35:36 – Benjamin Haddad, French EU Minister
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
