Bloomberg
Fed's Logan: More Rate Increases Will Likely Be Needed
"I remain concerned about whether inflation will return to target in a sustainable and timely way," Federal Reserve Bank of Dallas President Lorie Logan says at the Central Bank Research Association's annual meeting in New York.
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Bloomberg
UAE: Voluntary Oil Supply Cuts Enough to Balance Market
UAE Energy Minister Suhail Al Mazrouei said voluntary cuts to oil supply should be enough to balance the market. He says the UAE has not been asked to undertake voluntary output cuts such as have been carried out by Saudi Arabia. He...
Bloomberg
Very Difficult for Fed to Pivot Anytime Soon: Trinh
"It's very difficult for Fed to pivot anytime soon." Sue Trinh, co-head of global macro strategy at Manulife Investment Management, discusses Federal Reserve policy and its impact on markets. She speaks on Bloomberg Television.
Bloomberg
CalSTRS Ailman Says a Recession Is Coming
Christopher Ailman, chief investment officer for the California State Teachers' Retirement System, says he still thinks a recession is coming and this is the year to pay attention to the bond market. He's on "Bloomberg Markets: The...
Bloomberg
One More Fed Hike 'Baked in Cake': Evercore ISI's Hyman
Evercore ISI founder and Chair Ed Hyman says anything more than one Federal Reserve rate hike is a mistake and will increase the likelihood of a recession. He speaks during an interview with Jonathan Ferro and Tom Keene on "Bloomberg...
Bloomberg
Reserve Bank of Australia Keeps Key Rate Unchanged at 4.10%
The Reserve Bank of Australia has kept its key interest rate unchanged at 4.1% in a decision predicted by 19 of 32 economists surveyed by Bloomberg. Kathleen Hays reports on Bloomberg Television.
Bloomberg
AMP Australia's Mousina on RBA Rate Decision
Diana Mousina, Deputy Chief Economist at AMP Australia, discusses her views on the upcoming RBA's rate decision, and her outlook for Australia's economy. She speaks with Shery Ahn and Haidi Stroud-Watts on "Daybreak Asia".
Bloomberg
Standard Chartered: Upgraded Equities to a Core Holding
Audrey Goh, senior cross asset strategist at Standard Chartered Wealth Management Group, shares her views on equities, bonds, and policies of central banks including the Federal Reserve. She speaks with Haidi Stroud-Watts and Shery Ahn...
Bloomberg
Sharp Yen Appreciation Unlikely Until BOJ Policy Change: Westpac
Sean Callow, senior currency strategist at Westpac Banking Corp., discusses the outlook for the Japanese yen and the Chinese yuan. He speaks with Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Australia."
Bloomberg
Hopes for a Soft Landing
Rebecca Patterson, Former Bridgewater Associates Chief Investment Strategist explains why she believes hopes for a soft landing are premature. Patterson also says she is surprised by the strength in tech.
Bloomberg
Setback for ECB as Core Inflation Quickens
Euro-area core inflation re-accelerated in June, a setback for the European Central Bank that may reinforce its determination to raise interest rates next month. Maria Tadeo reports on Bloomberg Television.
Bloomberg
The Future of Blackstone
Blackstone CFO Michael Chae tells us why Blackstone is well-positioned for a high-rate environment. He also believes that AI will further the edge private markets have over public markets.
Bloomberg
Investment-Grade Bonds, Japan Stocks Favored, OCBC Says
"We like Japanese equities. They've done very well. But we think that they have more upside going forward." Vasu Menon, managing director of investment strategy at OCBC Bank, discusses recession fears and the implication for financial...
Bloomberg
Bostic Sees 'Green Shoot of Hope' in Services Inflation
"When will restrictive monetary policy start restraining inflation more powerfully? Put simply, not as soon as I'd like," Federal Reserve Bank of Atlanta President Raphael Bostic says at the annual dinner of the Irish Association of...
Bloomberg
Powell Indicates Two or More Fed Hikes by End of Year
A strong majority of Federal Reserve policy makers say "it will be appropriate to raise interest rates two or more times by the end of the year," Fed Chair Jerome Powell said during a speech at the Bank of Spain in Madrid, Friday. "The...
Bloomberg
Markets Not Buying Into Central Bank Talk: Luk
"Markets are not really buying into what all of these major central banks are talking about." Ben Luk, senior multi asset strategist at State Street Global Markets, discusses market sentiment and Federal Reserve policy. He speaks on...
Bloomberg
Bank of Japan May Tweak Yield Curve Control in 3Q 2023, HSBC Says
Frederic Neumann, chief Asia economist at HSBC Holdings Plc, discusses policies of regional central banks including the Bank of Japan. He speaks with Yvonne Man and David Ingles on "Bloomberg Markets: China Open."
Bloomberg
BOE's Bailey Hints Rates Could Stay at Peak Levels
Bank of England Governor Andrew Bailey hinted that interest rates could remain at peak levels for longer than traders currently expect. He spoke on a panel in Portugal on Wednesday afternoon.
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SocGen's Bini Smaghi on Rate Hikes, Bank Strategy
Societe Generale Chairman and Former ECB Executive Board Member Lorenzo Bini Smaghi said markets are expecting a recession to happen as a consequence of central banks getting more hawkish. He also touched on European banks being...
Bloomberg
Ueda: Weak Core Inflation Is Reason for Loose BOJ Policy
Bank of Japan Governor Kazuo Ueda says the BOJ will monitor the yen closely during a panel discussion at the ECB Forum on Central Banking in Sintra, Portugal.
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Bloomberg
Fed's Powell: Don't See 2% Core Inflation Before 2025
"We will be restrictive as long as we need to be," Federal Reserve Chair Jerome Powell says during a panel discussion at the ECB Forum on Central Banking in Sintra, Portugal.
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Bloomberg
Lagarde: ECB Will Likely Hike in July If Baseline Stands
"We still have ground to cover" on inflation, European Central Bank President Christine Lagarde says during the ECB Forum on Central Banking in Sintra, Portugal.
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Bloomberg
Powell, Lagarde, Bailey, Ueda on Future Rate Decisions
Federal Reserve Chair Jerome Powell, Andrew Bailey, Governor of the Bank of England, ECB President Christine Lagarde and Bank of Japan Governor Kazuo Ueda share their thoughts on future rate hike decisions and monetary policy. They speak...
Bloomberg
Pimco's Clarida Says Fed Could 'Ratchet Down Rates' Next Year
Richard Clarida, global economic advisor at Pacific Investment Management Co. (Pimco) and former Federal Reserve vice chairman, says the Fed could "ratchet down rates" in 2024 despite not meeting its inflation target. "We could see cuts...