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Powell Won't Rule Out Fed Hiking at Consecutive Meetings
Federal Reserve Chair Jerome Powell says monetary policy is not restrictive enough during a panel discussion at the ECB Forum on Central Banking in Sintra, Portugal.
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Fed's Powell: Recession Not the Most Likely Case for US
Federal Reserve Chair Jerome Powell says there is a significant chance of a recession in the US but it is not the most likely case during a panel discussion at the ECB Forum on Central Banking in Sintra, Portugal.
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ECB Says July Rate Hike Is a 'Fait Accompli', September Is 'Open'
European Central Bank Vice President Luis de Guindos says an interest-rate hike in July is a "fait accompli" but September's decision is "open." He made the comments during an interview with Bloomberg's Francine Lacqua on the sidelines...
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Investors Should Be Defensively Positioned: Mitra
"We're still suggesting to our clients to be defensively positioned, pick up more duration, underweight equities and stay neutral in credit." Aninda Mitra, head of Asia macro and investment strategy at BNY Mellon Investment Management,...
Bloomberg
Beschloss Warns Rates 'Regime Change' to Roil Investments of Old
RockCreek Founder & CEO Afsaneh Beschloss warns the "regime change" in interest rates has turned the investment strategies of the past decade upside down. This episode of "Bloomberg Wealth with David Rubenstein" was recorded on June...
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Moody's Zandi: No More Than One or Two Rate Hikes Ahead
"What's going on in the housing market, given where rates are today, is sufficient to get inflation back down to something I think the Federal Reserve should feel comfortable with," Moody's Analytics Chief Economist Mark Zandi says...
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ECB's Vasle Says Persistent Inflation Would Need More Hikes
European Central Bank Governing Council member Bostjan Vasle says interest-rate hikes would need to continue if inflation proves to be more persistent than expected. He speaks on "Bloomberg Markets."
Bloomberg
IMF's Gopinath Says Markets Remain 'Somewhat Optimistic' on Rates
IMF First Deputy Managing Director Gita Gopinath says financial markets are "somewhat optimistic" about the path of central bank interest rates as core inflation remains high, "I still think that they're off a bit on the duration for...
Bloomberg
Fed Policy Path Less Meaningful Now: Pimco's Schneider
"We have been encouraging clients to be defensive," Jerome Schneider, Pimco's head of short-term portfolio management, says during an interview on "Bloomberg Markets: The Close."
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US Economy Slowing, Disinflating: Roth MKM's Darda
Michael Darda, Roth MKM Partners chief economist and macro strategist, says he sees more deceleration ahead for the US economy during an interview on "Bloomberg Surveillance."
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Schwab Sees Rates Weighing on Loan Issuers 'Right Now'
Collin Martin, fixed income strategist at Schwab Center for Financial Research, discusses the impact of higher interest rates on the corporate debt market with Lisa Abramowicz on "Bloomberg Surveillance."
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Bloomberg
Deutsche Bank's Folkerts-Landau on Russia, Global Rates
Deutsche Bank Chief Economist David Folkerts-Landau weighs in on the market impact of the unrest in Russia and says it is a "very demanding period" for central banks during an interview with Francine Lacqua on Bloomberg...
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Carstens: Central Banks Need to Remain Vigilant
Bank of International Settlements CEO Augustin Carstens talks about how central banks are handling the fight against inflation and the political pressures they are facing. He is on "Bloomberg Markets."
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Yen Likely to Strengthen Over Next 3 to 12 Months: Nikko Asset Management
"We actually think that the yen's going to strengthen over the next three, six, 12 months because the trade deficit is going to turned into a trade surplus, especially for goods and services, because tourism is going to keep booming...
Bloomberg
Powell: Fed Doesn't See Rate Cuts Happening Anytime Soon
"We're within a couple of rate hikes of the level we want to get to," Federal Reserve Chair Jerome Powell says during his semiannual monetary report to the the Senate Banking Committee.
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Powell: Capital Requirements to Be Skewed to Large Banks
Federal Reserve Chair Jerome Powell says the capital requirements in proposals are mostly for larger banks during an exchange with Senator John Kennedy, a Louisiana Republican, at Powell's semiannual monetary report to the the Senate...
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Powell Says Majority of FOMC See Two More Hikes in 2023
Federal Reserve Chair Jerome Powell says returning US inflation to 2% is crucial to support the long-term health of the US economy during his semiannual monetary report to the the Senate Banking Committee.
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SNB's Jordan Says More Rate Hikes 'Most Likely' Necessary
Swiss National Bank President Thomas Jordan says, "we are not at the end," as there could be further rate hikes necessary to bring inflation down to 2% on a permanent basis. He spoke Thursday in a Bloomberg Television interview in Zurich...
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Most EM Central Banks in Asia Are Done With Hikes: Kuijs
"Most EM central banks in Asia are pretty much done with rate hikes." Louis Kuijs, APAC chief economist at S&P Global Ratings, discusses global markets, central bank policies and his outlook for China. He speaks on Bloomberg Television.
Bloomberg
First Look With Surveillance: UK Inflation, US Housing
Dani Burger and Kriti Gupta take you through what to watch today.
Bloomberg
Rise in 10-Year Yield Would Be Game Changer: Amoroso
Anastasia Amoroso, iCapital chief investment strategist, says a rise in the 10-year Treasury yield would be a game changer for risk assets during an interview with Lisa Abramowicz on "Bloomberg The Open."
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Fed's Powell: Housing Inflation to Fall 'Significantly'
Federal Reserve Chair Jerome Powell says housing supply and demand are "getting back into alignment" during his semiannual monetary policy report to the House Financial Services Committee.
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One More Fed Rate Hike Priced In, ANZ Says
Mahjabeen Zaman, head of foreign exchange research at Australia & New Zealand Banking Group Ltd., talks about the yen, the dollar and central banks' policies. A gauge of dollar strength inched up after the greenback advanced against all...
Bloomberg
Expect China GDP to Grow 5.5% in 2023: UBP's Casanova
Carlos Casanova, senior Asia economist at Union Bancaire Privee, discusses China's LPR cuts and his outlook for the economy. He speaks on Bloomberg Television.