UPDATE: Bundesbank President Speaks Exclusively To Bloomberg

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Bundesbank President Joachim Nagel tells Bloomberg a September ECB hike is not off the table. (2) Surging inflation set to force the Bank of England into a 12th straight rate rise. (3) President Biden and Janet Yellen warn of a global catastrophe if America defaults. (4) Cooling US inflation adds to the case for the Fed to stop hiking See omnystudio.com/listener for privacy information.