Bloomberg
Minutes Show Fed on Hold Until Inflation Improves
Federal Reserve officials expressed readiness to hold interest rates steady amid stubborn inflation and economic-policy uncertainty, according to minutes from the Federal Open Market Committee's Jan. 28-29 meeting. Mike McKee reports.
Bloomberg
Fed's Jefferson Says Economy Strong, Policy Can Take Time
Federal Reserve Vice Chair Philip Jefferson says a strong economy allows policymakers to take their time before considering any additional cuts to interest rates during remarks at an event at Vassar College in Poughkeepsie, New York.
Bloomberg
Fed's Barr Warns AI May Lead to Herding Behavior
Federal Reserve Vice Chair for Supervision Michael Barr says the attributes that make artificial intelligence attractive are the same ones that present risk during remarks before the Council on Foreign Relations.
Press Association
Starmer pool clip after farmer protest cuts visit short
Prime Minister Sir Keir Starmer speaks to broadcasters in London after he was forced to cut short a visit to Buckinghamshire to promote his housing policies after a noisy protest by tractor-driving farmers.
Bloomberg
Le Pallec on US Inflation, Global Credit Outlook
Yann Le Pallec, President of S&P Global Ratings speaks with Bloomberg TV's Joumanna Bercetche on the Horizons Middle East and Africa show. He discusses why he sees more favorable credit conditions if rates continue lower.
Bloomberg
Surprise UK Growth Gives Labour Government Respite
Britain registered unexpected growth at the end of 2024, a reprieve for the Labour government after a woeful run of economic indicators. Gross domestic product rose 0.1% in the fourth quarter, an acceleration from the flat performance in...
Bloomberg
Commerzbank's Plan Achievable, Ambitious, CEO Orlopp Says
Commerzbank AG Chief Executive Officer Bettina Orlopp discusses the bank's performance as the German lender announced it predicts profits to decline to 2.4 billion ($2.5 billion) as it will spend about 700 million to carry out cost...
Bloomberg
Fed's Kugler Says Inflation Has Fallen But Uncertainty Remains
Federal Reserve Governor Adriana Kugler says inflation has fallen significantly, but recent progress has been slow and uneven during an event at the Economic Club of Miami.
Bloomberg
ECB's Vujcic Says Bets on Three More Cuts in 2025 'Not Unreasonable'
European Central Bank Governing Council member Boris Vujcic says policymakers are in a "wait and see" mode regarding the potential impact of US President Donald Trump's trade policies. Speaking in an interview with Bloomberg's Francine...
Bloomberg
Jobs Data Won't Change Fed Outlook: BlackRock's Rosenberg
Jeffrey Rosenberg, portfolio manager of the systematic multi-strategy fund at BlackRock, examines the US January jobs report and says the Federal Reserve will remain on pause "well through the first half of the year."
Bloomberg
Bond Yields Have Overshot, PGIM's Collins Says
"Rates are clearly in the buy zone," Michael Collins, multi-sector executive portfolio manager at PGIM Fixed Income, says when asked about the direction of Treasury yields on "Bloomberg Surveillance."
Bloomberg
Markets Rightfully Backing Up in the Rate Space: BlackRock's Rieder
Rick Rieder, CIO of global fixed income at BlackRock, examines the US January jobs report and says, "markets are rightfully backing up in the rate space" with the Federal Reserve on hold "for an extended period of time."
Curated Video
Congress is taking another bipartisan look at whether to cap credit card interest rates
There's a bipartisan debate underway in Congress to potentially cap credit card interest rates — and it involves an unlikely pair of lawmakers. (Scripps News)
Bloomberg
Fed's Logan Says Further Rate Cuts May Not Be Necessary
Federal Reserve Bank of Dallas President Lorie Logan says interest rates may already be near a neutral level at a Bank for International Settlements event in Mexico City.
Bloomberg
BOE Cuts Rates But Strikes Hawkish Tone
The Bank of England's Monetary Policy Committee voted to cut interest rates to 4.5%, a 19-month low, but struck a hawkish tone by signaling that only two more reductions are needed to bring inflation back to the 2% target. Seven of the...
Bloomberg
Bailey Says Don't 'Put Too Much Weight' on BOE Voting
Bank of England Governor Andrew Bailey cautioned markets against reading too much into the vote split of its interest-rate cut after a surprise switch by rate-setter Catherine Mann prompted investors to boost bets on more reductions. The...
Bloomberg
Bailey: BOE Expects to Be Able to Cut Rates Further
Bank of England Governor Andrew Bailey speaks at a news conference in London after the Monetary Policy Committee voted to cut interest rates to 4.5%, a 19-month low. "We expect to be able to cut bank rate further as the disinflation...
Bloomberg
BOE Day: What to Expect From Today's Decision
The Bank of England is expected to cut interest rates for a third time to 4.5% while downgrading its UK growth forecasts and predicting higher inflation this year. Bloomberg's Lizzy Burden has a preview.
Bloomberg
Fed's Goolsbee Warns About Inflation Impact of Tariffs
Federal Reserve Bank of Chicago President Austan Goolsbee warns persistent tariffs could renew supply-chain disruptions and drive up inflation. He speaks at the Chicago Fed's auto conference in Detroit.
Bloomberg
Fed's Barkin on Policy Uncertainty, Interest Rates
Federal Reserve Bank of Richmond President Thomas Barkin discusses the need for more time to understand where the US economy and inflation are headed amid elevated uncertainty about President Donald Trump's policies and his view that...
Bloomberg
Barkin Says Fed Looking for Clarity on Policies, Growth
Federal Reserve Bank of Richmond President Thomas Barkin says officials need more time to understand where the US economy and inflation are headed amid elevated uncertainty about President Donald Trump's policies. He speaks on "Bloomberg...
Bloomberg
Daly Says the Fed Can Take Its Time on Policy Changes
Federal Reserve Bank of San Francisco President Mary Daly says the US economy and labor market are solid and the Fed still has more work to do on inflation at an event hosted by the Commonwealth Club World Affairs of California.
Bloomberg
Fed on Hold Makes Sense Amid Tariffs, Bill Dudley Says
Bill Dudley, a Bloomberg Opinion columnist and former president of the Federal Reserve Bank of New York, discusses how President Donald Trump's tariffs could impact the US economy and Fed policy on "Bloomberg The Close."
Bloomberg
Clarida: Tightening Fed Policy Would Be Mistake Amid Tariffs
Richard Clarida, Pimco global economic adviser, discusses what President Donald Trump's tariffs could mean for the US economy and inflation on "Bloomberg The Close."