Bloomberg
Fed Officials Can Be More Cautious With Rate Cuts, Cook Says
Federal Reserve Governor Lisa Cook said policymakers "can afford to proceed more cautiously with further cuts," citing a sturdy labor market and recent bumpiness in inflation data. Cook spoke Monday at the Seventh Conference on Law and...
Bloomberg
Fed Beige Book Shows Economic Activity Rose 'Slightly'
Economic activity rose "slightly" since mid-January though consumer spending edged lower, the Federal Reserve said in its Beige Book survey of regional business contacts. Mike McKee reports on "Bloomberg The Close."
Bloomberg
Fed's Williams Says Tariffs Will Likely Spur Inflation
Federal Reserve Bank of New York President John Williams says he anticipates President Donald Trump's tariffs will contribute to inflation, but emphasized there is a lot of uncertainty about how the economy will respond to them. He...
Bloomberg
El-Erian Sees Increased Recession Risk, One Fed Rate Cut
Mohamed El-Erian, Queens' College Cambridge president and Bloomberg Opinion columnist, says he expects downward economic revisions in the coming weeks and explains why he thinks the probability of a recession has increased. El-Erian's...
Curated Video
How higher interest rates can earn you money
High-yield savings accounts and money market accounts are options for consumers looking to earn higher interest rates on their savings. (Scripps News)
Bloomberg
US Equities Overvalued, Vanguard's Davis Says
Vanguard President and Chief Investment Officer Greg Davis discusses US equities and bonds, saying the US equity market is "priced for perfection" and "overvalued by a pretty fair degree." Speaking on Bloomberg Television, he adds: "We...
Bloomberg
Musalem Favors Patient Approach to Fed Policy
Federal Reserve Bank of St. Louis President Alberto Musalem says that while he anticipates price growth to moderate toward the central bank's 2% goal, it is vital for policymakers to keep inflation expectations in check. Musalem speaks...
Bloomberg
Austrian Bank Levy Digestible, says Erste Group
Plans to raise the bank levy in Austria "is not very helpful," says Erste Group CFO Stefan Dörfler, "but for us it's digestible." The Vienna-based lender is "prepared" to assist in the post-war reconstruction of Ukraine, he adds.
Bloomberg
Doumar on Credit Market: Sticking to High Quality, Stable Names
Robin Doumar, Park Square Capital founder and managing partner says that while ETFs for equities make a lot of sense, he sees questionable value in ETFs in the credit market, especially with a lack of liquidity in the underlying assets....
Bloomberg
Fed May Need to Balance Inflation, Growth Concerns: Schmid
Federal Reserve Bank of Kansas City President Jeff Schmid warned that the US central bank may soon confront both rising inflation expectations and concerns over economic growth. Schmid said that some recent data and discussions within...
Bloomberg
Fed's Harker Says Rates Restrictive Enough to Lower Inflation
"Let's stick to the game plan," Federal Reserve Bank of Philadelphia President Patrick Harker says about monetary policy during an event at the University of Delaware.
Bloomberg
Traders Start Positioning for Drop in Bond Yields
US treasury yields are near their lowest levels of the year as traders bet on bigger interest rate cuts. Some bond traders are starting to hedge for a possible economic slowdown. Bloomberg's Liz Capo McCormick has the Wall Street Beat on...
Bloomberg
How Nuveen's Rodriguez Is Playing the Fixed Income Market
Tony Rodriguez, Nuveen's head of fixed income strategy, says he's not calling for a recession and discusses his outlook for the fixed income market on "Bloomberg The Close."
Bloomberg
Barr Says Fed Policy 'Inextricably Linked' to Stability
Federal Reserve Vice Chair for Supervision Michael Barr says monetary policy and financial stability are "inextricably linked" at an event hosted by Yale School of Management.
Bloomberg
SARB Says Tariff Concerns Are Complicating Monetary Policy
Uncertainty about global trade is complicating monetary policy, according to South African Reserve Bank Governor Lesetja Kganyago. "Tariffs are a risk to the global economy and to the global disinflation process," he says during an...
Bloomberg
Economic Backdrop 'Remains Supportive', says Bank of Ireland CEO
"Our business model is structurally well-positioned," says Bank of Ireland CEO Myles O'Grady, after the firm reported full year results for 2024. "Cost efficiency remains key," O'Grady adds.
Bloomberg
Fed's Jefferson Says AI May Make Asset Prices More Efficient
Federal Reserve Vice Chair Philip Jefferson says artificial intelligence tools may help with the transmission of monetary policy during an event at the San Francisco Fed.
Bloomberg
Fed's Goolsbee Weighs In on Tariffs, Says Job Market Strong
Federal Reserve Bank of Chicago President Austan Goolsbee discusses the current inflation environment and says the labor market looks stable. He speaks at in a moderated Q&A at the Chicagoland Chamber of Commerce.
Bloomberg
Sternlicht on Trump Tariffs: Optimistic But Nervous
Starwood Capital Group Chair and CEO Barry Sternlicht discusses how the Trump administration's tariff plans could impact the real estate market on "Bloomberg The Close."
Bloomberg
Fed's Kugler Says 'Some Way' to Go to Reach 2% Inflation Goal
Federal Reserve Governor Adriana Kugler says upside risks to inflation remain, supporting the central bank's decision to hold its key policy rate steady for now. She speaks at an event at Georgetown University in Washington.
Bloomberg
Musalem Says Fed Policy Should Be 'Modestly Restrictive'
Federal Reserve Bank of St. Louis President Alberto Musalem says policy should remain "modestly restrictive" until it's clear inflation is on track to the central bank's 2% target. Musalem also says that he sees increased risks that...
Bloomberg
Barr Underscores Importance of Fed's Independence
Federal Reserve Vice Chair for Supervision Michael Barr speaks at Georgetown University Law Center in Washington. Barr is preparing to step down from his role as the Fed's top banking cop on Feb. 28 unless a successor is confirmed earlier.
Bloomberg
Beverly Hills Ultra-Luxury Resort Inks $300 Million for Building
Jonathan Goldstein, co-founder and CEO at Cain International, discusses the details of securing $300 million in financing from Vici Properties Inc. for One Beverly Hills, the ultra-luxury complex being developed in part by Cain...
Bloomberg
Norges Bank Investment Management CEO Tangen on Biggest Investment Concerns
Norges Bank Investment Management CEO Nicolai Tangen talks about his biggest concerns when it comes to investing. He warns inflation is likely to keep weighing on returns in the coming years and that investors should look for rising...