Bloomberg
Riksbank Raises Swedish Interest Rates to 4%
Sweden's Riksbank raised borrowing costs by a quarter point and signaled an intensified response to stubborn inflation that will further constrict the enfeebled economy. In a decision that brings its key interest rate to 4%, the central...
Bloomberg
SNB's Jordan Says 'War Against Inflation Is Not Yet Over'
The Swiss National Bank paused its monetary tightening Thursday, leaving the key interest rate at 1.75% in a bid to avoid adding constriction onto a stalled economy. SNB President Thomas Jordan discusses the decision and the ongoing...
Bloomberg
Bullard Says Prospects 'Looking Good' for a Soft Landing
Former Federal Reserve Bank of St. Louis President James Bullard say the prospects for a soft landing for the US economy are "very good," while cautioning that the Fed is only "partway" through the process of meeting its 2% inflation...
Bloomberg
BOE Holds Key Interest Rate at 5.25% in Split Decision
The Bank of England maintained its benchmark interest rate at 5.25% in a 5-4 vote, ending a series of 14 successive hikes since December 2021. Guy Johnson reports on Bloomberg Television.
Bloomberg
Philippine Central Bank Governor Sees More Than One Hike in Cards
Philippine central bank Governor Eli Remolona discusses monetary policy and the outlook for the economy. The Bangko Sentral ng Pilipinas on Thursday kept its benchmark interest rate steady for a fourth straight meeting, looking past last...
Bloomberg
Powell's Key Comments After Fed Leaves Rates Unchanged
Federal Reserve Chair Jerome Powell spoke at a press conference after the central bank left its benchmark interest rate unchanged while signaling borrowing costs will likely stay higher for longer. Here are his key remarks.
Bloomberg
Standard Chartered Wealth Management's Lam on a Delayed US Recession
Daniel Lam, Head of Equity Strategy at Standard Chartered Wealth Management, discusses why he believes a delayed US recession could happen over the next 6-12 months. He speaks with Shery Ahn and Haidi Stroud-Watts on "Daybreak Asia".
Bloomberg
Powell Says Federal Reserve to 'Proceed Carefully' on Rate Path
Federal Reserve Chairman Jerome Powell speaks about the decision by the Fed's policy-setting Federal Open Market Committee to keep its benchmark interest rate unchanged.
Bloomberg
Fed Holds Rates, Signals One More Hike This Year
The Federal Reserve left its benchmark interest rate unchanged while signaling borrowing costs will likely stay higher for longer after one more hike this year. Mike McKee reports on "Bloomberg Surveillance: The Fed Decides."
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Bloomberg
Fed's Powell: Soft Landing Possible, Must Move Carefully
Federal Reserve Chair Jerome Powell says an economic soft landing is possible but not the Fed's baseline expectation during a news conference following the decision by the central bank's policy-setting Federal Open Market Committee to...
Bloomberg
Powell Says Fed 'Fairly Close' to Where It Needs to Be
"We need to get to a place where we're confident that we have a stance that will bring inflation down to 2% over time," Federal Reserve Chair Jerome Powell says during a news conference following the decision by the Fed's policy-setting...
Bloomberg
Fed's Powell Says Neutral Rate May Be Higher
Federal Reserve Chair Jerome Powell says the neutral interest rate may be higher "for various reasons" during a news conference following the decision by the central bank's policy-setting Federal Open Market Committee to leave its...
Bloomberg
UK Latest: Inflation Falls Unexpectedly to Lowest in 18 Months
Britain's inflation rate fell unexpectedly to the lowest level in 18 months, easing pressure for further interest-rate increases from the Bank of England. Lizzy Burden reports on Bloomberg Television.
Bloomberg
BOE Preview: Inflation Surprise Eases Rate Hike Pressure
Paul Donovan, chief economist at UBS Wealth Management, sees "lots and lots of complicated factors" impacting Thursday's interest rate decision from the Bank of England. He speaks on "Bloomberg Brief."
Bloomberg
Federal Reserve May Cut Interest Rates in 4Q 2024, Lockhart Says
Dennis Lockhart, former president of the Federal Reserve Bank of Atlanta, discusses monetary policy and the outlook for the economy. The Fed on Wednesday left its key rate unchanged while signaling borrowing costs will likely stay higher...
Bloomberg
Raising Capital Has Gotten Harder: Marty Nesbitt
Vistria Group Founding Partner & Co-CEO Marty Nesbitt discusses how raising capital for private equity has become more difficult with rising interest rates. This episode of "Bloomberg Wealth with David Rubenstein" was recorded June 28th...
Bloomberg
BOE's Bailey: Policy Is Working to Bring Inflation Down
Bank of England Governor Andrew Bailey speaks at a press conference Thursday following the central bank's move to raise its key benchmark interest rate to 5.25%.
Bloomberg
Bank of England Decision Due: Another 50-Bp Rate Hike or 25-Bp?
The Bank of England is likely to boost interest rates again on Thursday. Economists and investors anticipate the benchmark lending rate will rise at least a quarter-point to 5.25%, with a strong chance of a bigger half-point increase...
Bloomberg
BOE Hikes Key Rate by 25 Basis Points to 5.25%
The Bank of England raised its benchmark interest rate to 5.25%, the highest level in 15 years, in a three-way vote split on Thursday. Lizzy Burden reports on Bloomberg Television.
Bloomberg
Bullock Takes Helm at Reserve Bank of Australia as First Female Governor
Michele Bullock has taken over as Australia's first female central bank governor on Monday as the Reserve Bank embarks on its big overhaul in decades. Swati Pandey reports on Bloomberg Television.
Bloomberg
Subramanian: Labor Strikes Are Evidence of the Closing Wealth Gap
Savita Subramanian, BofA Head of US Equity and Quantitative Strategy, says she is bullish on the equal-weighted S&P 500. She also explains why she thinks the auto strike is evidence of the process of narrowing the wealth gap.
Bloomberg
Le Maire on ECB Policy, Inflation, Trade With China
French Finance Minister Bruno Le Maire talks about ECB monetary policy, reducing inflation, China as a trade partner with the EU and growing the French economy. He speaks exclusively with Bloomberg's Maria Tadeo in Spain.
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El-Erian: Fed Will Pause, Keep Open Possibility of Hike
Mohamed El-Erian, a Bloomberg Opinion columnist, comments on Federal Reserve monetary policy during an interview with Jonathan Ferro on "Bloomberg The Open." El-Erian's opinions are his own.
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El-Erian Expects 'Game of Chicken' in Credit Next Year
Mohamed El-Erian, a Bloomberg Opinion columnist, says he expects "massive" refinancing needs in the high-yield market next year during an interview with Jonathan Ferro on "Bloomberg The Open." El-Erian's opinions are his own.
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