Bloomberg
Former BOJ Assistant Governor Momma on Policy Decision
Kazuo Momma, a former assistant governor of the Bank of Japan and now executive economist at Mizuho Research & Technologies, discusses the central bank's latest policy decision. The BOJ scrapped its guidance on future interest rate...
Bloomberg
Bank of Japan Scraps Rates Guidance, Calls Review, Holds Policy
The Bank of Japan has announce its policy decision following the first meeting under Governor Kazuo Ueda's leadership. The central bank scrapped its guidance on future interest rate levels and called for a long-term review of its...
Press Association
HSBC profits drop 65% due to coronavirus
HSBC has suffered a 65% drop in pre-tax profit in the first half of the year as Europe’s largest bank was struck by a dive in interest rates and coronavirus disruption.
The bank reported profits of 4.3 billion US dollars (£3.2 billion)...
Bloomberg
BOE Hikes Key Rate by 25 Basis Points to 4.25%
The Bank of England raised interest rates to 4.25% Thursday in a 7-2 vote by the Monetary Policy Committee. Lizzy Burden reports on Bloomberg Television.
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Bloomberg
Norges Bank Chief Sees Likely Hike to 3.25% in May
Norges Bank Governor Ida Wolden Bache says Norway's central bank will continue with its policy-tightening strategy to combat inflation after raising the benchmark deposit rate on Thursday by 25 basis points to 3%. "Most likely we will...
Bloomberg
BOE's Bailey Confident Banks Are in Strong Position
Bank of England Governor Andrew Bailey says inflation is far too high but expects it to come down sharply later this year. Speaking after the BOE's decision to raise interest rates a quarter point to 4.25%, Bailey adds that he's...
Bloomberg
What to Watch for in BOE Rate Decision
The Bank of England is expected to continue its quickest series of interest-rate increases in three decades Thursday after inflation unexpectedly jumped to 10.4% in February. Lizzy Burden has a preview on Bloomberg Television.
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Bloomberg
SNB Raises Rate 50 Bps, Signals More Hikes to Come
The Swiss National Bank hiked its interest rate by 50 basis points just days after the downfall of the country's second-biggest bank. Claudia Maedler reports on Bloomberg Television.
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Bloomberg
Philippine Peso Pulls Off Another Surprise
Mar.05 -- The Philippine peso was Asia’s best-performing currency in February. But the peso dropped the most since 2013 after a new central bank chief was named. Benjamin Diokno is said to favor lower interest rates and a weaker currency.
Bloomberg
JPMorgan Sees No Systemic Risk in Financial Sectors in US and Europe
Kerry Craig, global market strategist at JPMorgan Asset Management, discusses Federal Reserve's latest interest rate hike, the woes in the banking industry in the US and Europe, and the implications for financial markets. He speaks with...
Bloomberg
Powell: Fed Considered Rate Pause, Consensus Backed Hike
Federal Reserve Chair Jerome Powell says policy makers considered a pause in their interest-rate hiking campaign in light of the recent banking turmoil.
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Bloomberg
Powell: Fed Will Raise Rates Higher If Needed
"If we need to raise rates higher, we will," Federal Reserve Chair Jerome Powell says during a news conference after the FOMC voted unanimously to increase its target for the federal funds rate to a range of 4.75% to 5%.
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Bloomberg
Federal Reserve Pause Would Have Been Appropriate: Former Vice Chair
Former Federal Reserve Vice Chair Alan Blinder discusses the central bank's decision to raise interest rates at a ninth straight meeting. The Federal Open Market Committee indicated there may be more hikes to come in a clear sign it's...
Bloomberg
Fed Is Between a Rock and a Hard Place: HSBC's Neumann
Frederic Neumann, chief Asia economist at HSBC, discusses the upcoming Federal Reserve policy decision, its potential impact on markets and his outlook for Asian banks. He speaks on Bloomberg Television.
Bloomberg
Schwab's Sonders: Watch Fed Tightening Speed, Jawboning
Liz Ann Sonders, chief investment strategist at Charles Schwab, offers historical perspective on Federal Reserve tightening cycles on "Bloomberg Surveillance."
Bloomberg
RBA Surprises With Half-Point Hike
The Reserve Bank of Australia raised its cash rate by 50 basis points to 0.85%, citing accelerating customer prices for its decision on Tuesday. Manus Cranny reports on Bloomberg Television.
Bloomberg
Munis a Great Spot to Invest Now, Vanguard's Malloy Says
Paul Malloy, Vanguard's head of municipals, says municipal bonds are in the best fundamental shape they've been in decades. He speaks with Taylor Riggs on "Bloomberg Markets: The Close."
Bloomberg
How Will BOE Halt Panic Over the Pound?
The Bank of England may need to step in with an emergency rate rise to calm market nerves about the government's economic plans, Conservative lawmakers said after the pound tumbled to a record low against the dollar. Bloomberg's Guy...
Bloomberg
IMF's Dire Picture for China's Property Market
New research from the IMF is showing a dire picture for China's property market. The fund says 45 percent of developers might NOT be able to cover their debt obligations with earnings, and 20 percent could become insolvent if their...
Bloomberg
Fed's Daly on Rate Hikes, Inflation, Policy Coordination
Federal Reserve Bank of San Francisco President Mary Daly says she doesn't expect interest rates to come down next year. Speaking with Mike McKee on "Bloomberg Markets," Daly also discusses current inflation levels and her views on...
Bloomberg
US Banks Sitting on Billions of Losses
Unrealized losses among US lenders have been growing rapidly under the Federal Reserve's aggressive rate-hike regime, even before the Silicon Valley Bank's collapse. David Ingles reports on Bloomberg Television.
Bloomberg
British Pound in Crisis Mode
Patrick Honohan, former governor of the Central Bank of Ireland, discusses UK market selloff. He speaks with David Westin on Bloomberg's "Balance of Power."
Bloomberg
IMF's Kaufman On South Korea Growth Risks
IMF Korea Mission Chief Martin Kaufman discusses his economic outlook for South Korea. He speaks with Kathleen Hays, Yvonne Man and Rishaad Salamat on "Bloomberg Markets Asia".
Bloomberg
Inflation, Labor Market: Nobel Laureate Paul Romer
Nobel laureate Paul Romer, a professor of economics at NYU Stern School of Business, says the recent inflation in the U.S. will be transitory and thinks there's something else other than Covid-19 impacting labor participation. He speaks...