French 'Liz Truss Scenario' Warning, Fed Decision Day & Meloni's Challenge

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) Finance Minister Bruno Le Maire warned that France would be plunged into a debt crisis similar to one sparked in the UK two years ago if far-right leader Marine Le Pen were to win legislative elections slated for the end of the month and implement her economic program. (2) Conservatives on the left and right of the UK's ruling party lashed out against Prime Minister Rishi Sunak's manifesto, saying there's little prospect the electoral offer will shift opinion polls showing Keir Starmer's Labour is set for power in next month's election. (3) Federal Reserve officials may not be ready to finalize closely watched projections for interest rates until the publication of a key report on consumer prices on the final day of their two-day policy meeting. (4) The Biden administration is considering further restrictions on China's access to chip technology used for artificial intelligence, targeting new hardware that's only now making its way into the market, people familiar with the matter said. (5) While the Italian prime minister's star keeps rising internationally, problems lurk back home with allies she can't quite trust and an economy operating on borrowed time. See omnystudio.com/listener for privacy information.