Watch Kevin Warsh to Speak at Sintra, ECB Warns Inflation Shock Not Over | Daybreak Europe 7/1/2026
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Watch Kevin Warsh to Speak at Sintra, ECB Warns Inflation Shock Not Over | Daybreak Europe 7/1/2026
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, European Central Bank officials have cautioned that the inflation shock caused by the Iran war is not over yet. But policymakers at the ECB's annual forum in Sintra stopped short of calling for another interest-rate increase for now. Kevin Warsh is due to speak at the conference, in his first appearance on the international stage as Fed Chairman. Oil edged higher despite the US touting progress in indirect talks with Iran in Qatar. A senior US official says ships are continuing to transit the Strait of Hormuz at higher levels. Today's guest: Sabrina Khanniche, Pictet Asset Management, Senior Economist.
Federal Reserve President Kevin Warsh has argued that inflation prospects have declined in the little more than four weeks leading the central bank, a period marked by the U.S.-Iran peace agreement, although he has stated that the Fed will maintain its commitment to keeping inflation in the 2% range.
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