News Clip16:24
Bloomberg

Mnuchin on America's Shifting Global Role

Higher Ed
Steven T. Mnuchin, 77th Secretary of the Treasury, The United States of America and Founder & Managing Partner, Liberty Strategic Capital discusses America's role on the global stage amid a fragile banking system, polarized politics and...
News Clip8:50
Bloomberg

Santander's Botín: Banks Are In Strong Position

Higher Ed
Sandanter Group Executive Chair joins Bloomberg Europe Correspondent Maria Tadeo from the IIF European Summit in Brussels. They discuss the state of the banking system, risks from inflation and rising interest rates, and the competition...
News Clip3:30
Bloomberg

Markets Are Occupied With When Fed Will Cut: Holtze-Jen

Higher Ed
"Markets are occupied with finding out when Fed will cut." Stefanie Holtze-Jen, APAC chief investment officer at Deutsche Bank International Private Bank, discusses the impact of Federal Reserve policy on markets, inflation and her...
News Clip8:23
Bloomberg

Hopeful for a Bipartisan Agreement: Sen. Cardin on Debt Talks

Higher Ed
Democratic Senator of Maryland Ben Cardin discusses US Treasury Janet Yellen's newest letter stating that it is 'highly likely' the US government may not be able to meet all of its obligations by as early as June 1st, and whether or not...
News Clip4:47
Bloomberg

Fed Ready to Move But Will Pause, Economist Swonk Says

Higher Ed
KPMG Chief Economist Diane Swonk says the Federal Reserve will pause rate hikes "no matter what" in June with Romaine Bostick on "Bloomberg Markets: The Close." Follow Bloomberg for business news & analysis, up-to-the-minute market...
News Clip1:06
Bloomberg

Fed's Daly: Credit Tightening May Lead to a Couple Hikes

Higher Ed
"We do see institutions pulling back on loan volumes and raising loan standards," Federal Reserve Bank of San Francisco President Mary Daly says while answering questions via video conference at an event in Paris. Follow Bloomberg for...
News Clip2:34
Bloomberg

Fed Is Probably Done Raising Rates, Abrdn's Athey Says

Higher Ed
Abrdn Investment Director James Athey discusses the outlook for Federal Reserve monetary policy and the potential impact on bond yields with Jonathan Ferro on "Bloomberg The Open." Follow Bloomberg for business news & analysis,...
News Clip2:19
Bloomberg

Evercore's Schlosstein Expects Fed to Pause Rate Hikes

Higher Ed
Evercore Chairman Emeritus Ralph Schlosstein predicts the Federal Reserve won't raise its benchmark interest rate at the next policy-setting meeting in June. "I think the next move is a pause," he says on "Bloomberg Markets."
News Clip1:38
Bloomberg

Fed's Bullard: Wall Street Overbetting on Recession Odds

Higher Ed
Federal Reserve Bank of St. Louis President James Bullard says he expects "relatively slow growth" for the rest of this year and going into 2024 during a moderated discussion at an event in Fort Lauderdale, Florida. Follow Bloomberg for...
News Clip1:57
Bloomberg

Bullard Expects Two More Fed Rate Hikes in 2023

Higher Ed
"I think we're going to have to grind higher with the policy rate," Federal Reserve Bank of St. Louis President James Bullard says during a moderated discussion at an event in Fort Lauderdale, Florida. Follow Bloomberg for business news...
News Clip2:42
Bloomberg

Bostic Says Fed Liquidity May Need to Be More Nimble

Higher Ed
Federal Reserve Bank of Atlanta President Raphael Bostic says there are operational challenges when it comes to a 24/7 discount window at an event hosted by the Federal Reserve Bank of Richmond. Follow Bloomberg for business news &...
News Clip3:01
Bloomberg

Don't Confuse Fed Pause With End of Tightening Cycle: Wang

Higher Ed
"Don't confuse a pause with the end of the tightening cycle, because Fed has more work to do." Qian Wang, chief Asia Pacific economist at Vanguard Group, discusses the impact of Federal Reserve policy on Asian central banks. She speaks...
News Clip1:16
Bloomberg

Powell: Fed 'Strongly Committed' to 2% Inflation Goal

Higher Ed
Federal Reserve Chair Jerome Powell says the central bank is "strongly committed" to bringing inflation down to 2% during a panel discussion at the Thomas Laubach Research Conference in Washington. Follow Bloomberg for business news &...
News Clip7:00
Bloomberg

Egypt Hits Pause on Rate Hikes

Higher Ed
Egypt's central bank has left interest rates unchanged. The hold comes after a slight slowdown in inflation for April eased the urgency for the central bank of adding to the 900 basis points of increases it has delivered over the past...
News Clip2:14
Bloomberg

Markets Pricing Normalization, Not Recession: TD's Misra

Higher Ed
Priya Misra, head of global rates strategy at TD Securities, sees 3-Year and 5-Year US Treasury rates as the "sweet spot" for investors as her firm expects the Federal Reserve to cut interest rates more than expected next year. She...
News Clip9:07
Bloomberg

KBW CEO Says More Bank Laws Aren't Needed in Wake of SVB

Higher Ed
KBW President and CEO Tom Michaud discusses the industry implications of the recent bank crisis with Romaine Bostick on "Bloomberg Markets: The Close." Follow Bloomberg for business news & analysis, up-to-the-minute market data,...
News Clip4:54
Bloomberg

Cash Squeeze Risks Hurting India's Economic Recovery

Higher Ed
The cash crunch in India is pushing short-term borrowing costs above a key policy interest rate and is posing more risks to the economy. Menaka Doshi and Subhadip Sircar report on Bloomberg Television.
News Clip2:54
Bloomberg

Fed Officials Add 'Skip' to Rate Debate

Higher Ed
Federal Reserve officials seem more divided than ever over continuing rate hikes or pausing. Another possibility that's being discusses is a skip. Kathleen Hays reports on Bloomberg Television.
News Clip2:24
Bloomberg

Stocks in 'Muddle-Through' Environment, Saglimbene Says

Higher Ed
Ameriprise Financial Chief Market Strategist Anthony Saglimbene says rising interest rates are acting as a headwind for equities on "Bloomberg Markets: The Close." Follow Bloomberg for business news & analysis, up-to-the-minute market...
News Clip0:52
Press Association

Bank governor signals further rate hikes if inflation ‘persistent’

Higher Ed
The governor of the Bank of England has warned the central bank will continue to increase interest rates if there are signs that inflation is remaining persistent. However, Andrew Bailey also revealed that pressure from Britain’s tight...
News Clip1:23
Bloomberg

Fed Rate Hike in June Can't Be Ruled Out: BofA's Gapen

Higher Ed
Michael Gapen, BofA Securities head of economics, says there's a 30%-40% chance of a Federal Reserve rate hike in June or July during an interview with Tom Keene and Lisa Abramowicz on "Bloomberg Surveillance." Follow Bloomberg for...
News Clip4:02
Press Association

Chancellor Jeremy Hunt defends his handling of the economy

Higher Ed
Chancellor Jeremy Hunt defended his handling of the economy and public finances, saying there was “nothing automatic” about controlling inflation. At the British Chambers of Commerce conference in central London he said independent...
News Clip5:33
Bloomberg

Zuma Wealth's Spath on US Markets

Higher Ed
Terri Spath, Founder and Chief Investment Officer at Zuma Wealth, discusses her views on the US markets and shares her investment strategies. She speaks with Haidi Stroud-Watts and Shery Ahn on "Daybreak Australia".
News Clip11:32
Bloomberg

Fed's Barkin on Inflation, Banks, Rate Policy

Higher Ed
Federal Reserve Bank of Richmond President Thomas Barkin discusses the path of monetary policy, the recent banking crisis and the state of the labor market with Mike McKee on "Bloomberg Markets." Follow Bloomberg for business news &...