to the ftse to recap on the early market action uk still up .75% little red on the bottom you see unilever and some of the other performers this is an international board which is reflecting to the china moves based on the hopes of zero covid. let's zero back on the european coverage with joumanna >> the bank of england went for a 75 basis point hike. two members opting for 25 and we got 75 one line that stood out to the market participants is what you went over. further increases may be required for a sustainable return to target this was an explicit verbal intervention from the bank of england saying the market pricing got ahead of itself. it is something that many market prices picked up on yesterday. i thought it was interesting that recently we have seen diverging actions. you have the fed with the higher terminal rate and the bank of canada beginning to slow down with the pace of rate hikes. namely because of the sensitivity of the markets and mortgages in their economies when i had the chance to sit down with the governor yesterday, i asked how the bank of england is thinking of the

liz: finally, unilever seventh generation and before and after what did you discover, edgar?old one was 100 ounces and got 66 louds and the new one is 90-ounce, 10% less and only gets 60 loads. to me, look at bottles and i can't tell the difference. they look the same and wish we were superman and had x-ray vision to see if it's really maybe not filled up with that extra 10 ounces. or did that do something and norrow the bottle? narrow the bottle. a lot of companies are clever with packaging and make it look about the same size even though it contains less. liz: edgar, i applaud what you're doing. we need consumer advocates like you and everybody should check out consumerworld.org and mouseprint.org and check those labels. thank you so much for joining us. >> thanks so much for having me on, liz. liz: by the way, we both worked at whdh news channel 7 in boston. different types. the dow needs to finish up more than 618 points to exit bear market territory. we're not that far actually. it's up about 621 points. up next, charlie gasparino has breaking details on the ftx collapse

kraft heinz, fedex, unilever, brian, what did the markets because we're about at session lows at the moment. is it something you felt was a certain message thatgogogogogoge e e e eyeyeyeyeyeydededetetetete totototototod e e e e e e e e anananan i i in n n n n bebebebe underestimating how far they'll have to hike and has pretty ambiguous users and they look strong and they're strong and powell is in trouble because he's trying to knock down the jake economy here where consumers have wages not keeping up with inflation. all the saving ands you'll report it as a question at the end is a good one, are you seeing affects of the fiscal stimulus plus last year to this year and it's landed on the households and they're drawing down the excess savings. the labor market is strong and there's a virtuous cycle between consumers and hiring managers and till the fed breaks that, they'll continue to chug ahead. liz: wall street journal nick timeroux asked an interesting question. cpi at 8.2%. that's a 40-year high. he then asked, chairman powell, do you believe that you'll need to raise rates highe