Bloomberg
Fed Swaps Point to June or July Rate Cut
Bond traders see the Federal Reserve likely reversing this week's quarter point interest rate increase as early as June amid the deepening rout in US regional bank shares. David Finnerty reports on Bloomberg Television.
Bloomberg
There's No Chance for a Pivot From the Fed: DWS's Taylor
"There is no chance for a pivot from the Fed." Sean Taylor, APAC chief investment officer at DWS, discusses the divergence of policies between the Federal Reserve and the ECB and his outlook for Fed policy. He speaks on Bloomberg...
Bloomberg
Lagarde Says ECB Will Not Be Pausing Rate Hikes
"We are not pausing...and we know that we have more ground to cover," ECB President Christine Lagarde says during a news conference after the central bank's decision to raise the deposit rate by a quarter-point to 3.25%.
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Bloomberg
ECB Decision Guide: Policymakers Set to Slow Pace of Hikes
The European Central Bank is poised to slow the pace of interest-rate increases after its preferred inflation measure eased for the first time in 10 months. Bloomberg's Maria Tadeo reports.
Bloomberg
StanChart Looking for Two Fed Cuts by Year End: Brice
"Fed has already tightened too much, which will lead to a pretty poor economic outcome later this year." Steve Brice, group chief investment officer at Standard Chartered Wealth Management, discusses the Federal Reserve's decision to...
Bloomberg
Franklin Templeton CEO on Rate Hikes, Private Credit
Franklin Templeton President and CEO Jenny Johnson, says the banking system has a hard time handling the pace of rate hikes by the Fed, and expects that once the rates normalize in a pause it will be a while before the Fed cut rates. ...
Bloomberg
Fed's Powell on Recent Bank Crisis: 'We're on the Case'
"Many, many banks are now attending to liquidity," Federal Reserve Chair Jerome Powell says during a news conference after the Fed raised interest rates by a quarter percentage point and hinted it may be the final move.
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Bloomberg
Fed's Powell: Ongoing Assessment If Rates Restrictive
Federal Reserve Chair Jerome Powell says it is not possible to say rates are sufficiently restrictive right now during a news conference after the Fed raised interest rates by a quarter percentage point and hinted it may be the final...
Bloomberg
Powell: Inflation Outlook Doesn't Support Fed Rate Cuts
Federal Reserve Chair Jerome Powell says the outlook for inflation makes it inappropriate to cut rates during a news conference after the Fed raised interest rates by a quarter percentage point and hinted it may be the final...
Bloomberg
Fed Likely to Cut Rates Early 2024: Nuveen's Rodriguez
"A mild recession is likely to kick in early in 2024," Tony Rodriguez, Nuveen's head of fixed-income strategy, says during an interview with Jonathan Ferro on "Bloomberg The Open."
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Bloomberg
RBA Raises Cash Rate Target 25 Basis Points to 3.85%
Australia's central bank signaled further policy tightening ahead after unexpectedly raising interest rates by a quarter-percentage point on Tuesday. MLIV's Garfield Reynolds discusses the hike on Bloomberg Television.
Bloomberg
QI Research DiMartino Booth on Fed
QI Research CEO and Chief Strategist Danielle DiMartino Booth previews the upcoming FOMC policy meeting and Fed Chair Powell's press conference. She speaks with Yvonne Man on "Bloomberg Markets: China Open".
Bloomberg
Fed Should Do 'Hawkish Pause,' Kaplan Says
Former Federal Reserve Bank of Dallas President Robert Kaplan discusses monetary policy and the state of the US banking industry. The Fed is expected to deliver a 25 basis-point interest-rate increase and signal a pause in its aggressive...
Bloomberg
Fed Decision: Will the Central Bank Stay the Course?
Bloomberg Television guests at the Milken Institute Global conference in Beverly Hills weigh in on the Federal Reserve's upcoming decision on interest rates this Wednesday. All are expecting the Fed to stay the course, raising interest...
Bloomberg
Apollo's CEO on Real Estate, Banks, Markets
Apollo Global Management CEO & Co-Founder Marc Rowan says the recent US regional banking crisis will cause a "second wave" of losses in the commercial real estate market. He also discusses the banking sector and believes big banks are...
Bloomberg
Fed Should End 'Crazy' Policy Tightening, Says SMBC's Lavorgna
SMBC Nikko Securities Chief Economist Joseph Lavorgna says the Federal Reserve should begin to cut interest-rates to limit the impact of recession he predicts for the third-quarter of this year. "The Fed will be cutting and should be...
Bloomberg
Australia Home Prices Rise for Second Month in April
Australian house prices rose for a second consecutive month in April, suggesting the stabilization of the property market as the RBA pauses rate hikes. Swati Pandey reports on Bloomberg Television.
Bloomberg
When Is the Federal Reserve Going to Start Cutting Interest Rates?
Hebe Chen, market analyst at IG, discusses Federal Reserve policy and the implications for financial markets. She also discusses the outlook for China's economy with Shery Ahn and Haidi Stroud-Watts on "Bloomberg Daybreak: Australia."
Bloomberg
Summers on First Republic Bank
Former US Treasury Secretary Lawrence H. Summers criticized Washington regulators and US banking giants for not having already figured out a solution for the troubled lender First Republic Bank.
Bloomberg
Banking Fears Continue
Mona Mahajan, Edward Jones Sr. Investment Strategist and Greg Peters, PGIM Co-CIO of Fixed Income dive into the turmoil surrounding the US banking system and whether another shoe will drop after First Republic.
Bloomberg
Swedbank CEO Says Completion for Savings, Lending Increased
Swedbank AB Chief Executive Officer Jens Henriksson discusses the lender's financial results, prospects and strategy. Swedbank joined fellow Swedish peers SEB AB and Svenska Handelsbanken AB by delivering better-than-expected net income...
Bloomberg
Wakatabe: I'd Be Very Surprised if BOJ Changes YCC
"Japan's inflation rate still not reaching and staying at 2% yet." Former Bank of Japan Deputy Governor Masazumi Wakatabe discusses the central bank's monetary policy and says he'd be "very surprised if the BOJ changes the YCC." He...
Bloomberg
Former Deputy Chief Says BOJ May Tweak Forward Guidance
Former Bank of Japan Deputy Governor Masazumi Wakatabe said there is a possibility that the central bank will change the wording of its forward guidance without adjusting its easing bias at the end of its policy meeting Friday. He speaks...
Bloomberg
US GDP Slows More Than Expected as Jobless Claims Fall
US economic growth slowed more than expected in the first quarter. GDP rose at a 1.1% annualized rate as applications for unemployment benefits fell for the first time in three weeks. Mike McKee reports on "Bloomberg The Open."
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