Bumpy road ahead sign10/10/2023 The FT’s international economy news editor Claire Jones says this might give us a sense of what’s to come later this year.Ĭlaire Jones Overall, I think global central banks are facing a broadly similar set of circumstances. Marc Filippino That pause would make Canada’s central bank the first of the major G10 economies to halt its rate increases. Tiff Macklem We expect to pause rate hikes while we assess the impacts of the substantial monetary policy tightening already undertaken. Bank of Canada governor Tiff Macklem also made this more notable announcement: That’s up from last year, but it’s still way off Tesla’s long-term goal.Ĭanada’s central bank raised interest rates yesterday for the eighth consecutive time. The company slashed prices earlier this year and yesterday it said it expects to deliver nearly 2mn cars this year. Analysts have been concerned about Tesla’s sales. It cited rising interest rates as a particular challenge. But Elon Musk’s electric car company warned of a, quote, “uncertain macroeconomic environment this year”. Tesla reported record revenues of about $24bn for the quarter ending in December. Marc Filippino I’m Marc Filippino, and here’s the news you need to start your day. Kate Duguid Investors are nervous to put money to work that may be locked up for even like a week. Plus, the FT’s Kate Duguid looked into why money keeps gushing into a super short-term Federal Reserve program. And we’ll get the latest reading on the US economy. ![]() Canada looks like it could become the first major economy to pause interest rate increases. Tesla posted record revenues, but says the road ahead isn’t so clear. Today is Thursday, January 26th, and this is your FT News Briefing. Marc Filippino Good morning from the Financial Times. This is an audio transcript of the FT News Briefing podcast episode: ‘ Tesla sees a bumpy road ahead ’ By being aware of the signs and what they mean, you can help to keep yourself and others safe on the road.Marc Filippino, Claire Jones, Kate Duguid and Colby Smith Jump to comments section Print this page Uneven bumpy road signs are important safety symbols that help to prevent accidents.
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