Bloomberg
What to Expect From November's CPI Report
The US November CPI report is expected to show core inflation of 0.3% for a fourth straight month, which would be consistent with annual price gains above 3%. Michael McKee has a preview on Bloomberg Television.
Bloomberg
Jenny Johnson on Navigating Change, Disruption
Jenny Johnson, President & CEO, Franklin Templeton, discusses how she sees the role of traditional money managers shifting with Bloomberg's Francine Lacqua at Women, Money & Power in London.
Bloomberg
Scemama: Diversification Best Way to Deal With Political Headwinds
Global politics is always a challenge for markets, hence diversification across asset classes is the best approach - that's according to Isabelle Scemama, Global Head of AXA IM Alts. Scemama spoke to Bloomberg's Horizons Middle East and...
Bloomberg
Stocks Will Scale This 'Wall of Worry,' Harvey Says
Chris Harvey, Wells Fargo head of equity strategy, says stocks and risk will both go higher next year as the Federal Reserve slowly cuts rates. He is on "Bloomberg Surveillance."
Bloomberg
Fed's Daly Sides With 'Gradualism Approach' to Rates
Federal Reserve Bank of San Francisco President Mary Daly says she is a proponent of a more gradual approach to monetary policy adjustment. She speaks during a conversation on emerging technology and the economy at Stanford University's...
Bloomberg
Fed 'At or Near' Point of Slowing Rates, Says Hammack
Federal Reserve Bank of Cleveland President Beth Hammack said policymakers are "at or near the point where it makes sense to slow the pace of rate reductions," citing a strong economy and still-elevated inflation. Hammack spoke Friday at...
Bloomberg
Pace of Fed Rate Cuts Has to Slow: BlackRock's Rosenberg
"Monetary policy is not as restrictive as they think it is," Jeffrey Rosenberg, systemic multi-strategy fund portfolio manager at BlackRock, says on "Bloomberg Surveillance." The US job market showed a solid advance in November, with...
Bloomberg
BlackRock's Rieder: I'll Take Equities 'All Day' for Duration Risk
Rick Rieder, CIO of global fixed income at BlackRock, discusses what the US November jobs report means for the Federal Reserve and explains why he'd choose equities over fixed income for duration risk in his portfolio.
Bloomberg
Pimco's Wilding Sees Slower Pace of Rate Cuts in 2025
Pimco Economist Tiffany Wilding says a 25 basis-point rate cut at the Federal Reserve Open Market Committee's December meeting is likely. Speaking on "Bloomberg Open Interest," Wilding also says the probability of the Fed raising rates...
Bloomberg
Fed's Goolsbee Says Labor Market Stable, Lower Rates Ahead
Federal Reserve Bank of Chicago President Austan Goolsbee says the labor market appears largely stable and expects rates will be "a fair bit lower" a year from now. Goolsbee speaks during a fireside chat as part of the Chicago Fed's...
Bloomberg
Zopa Bank CEO Aims to Double Profit Again in 2025
UK digital bank Zopa Bank Ltd. is set to double profit this year, and aims to double it again in 2025. The lender's CEO Jaidev Janardana says customer numbers could grow from 1.3 million now to up to 2 million next year, with annual...
Bloomberg
BOE's Dhingra Says She's in Favor of 'Gradual' Rate Cuts
Bank of England rate-setter Swati Dhingra warned that high interest rates are bearing down on the economy by curbing consumer spending and business investment. Talking with Bloomberg's Lizzy Burden, Dhingra said she is in favor of a...
Bloomberg
Morgan Stanley's Shalett Sees Upside Inflation Risks
Morgan Stanley Wealth Management CIO Lisa Shalett previews the November US employment report and discusses the outlook for the economy in 2025 on "Bloomberg The Close."
Bloomberg
Fed's Musalem: Time May Be Near to Slow or Pause Cuts
Federal Reserve Bank of St. Louis President Alberto Musalem said, "the time may be approaching to consider slowing the pace of interest rate reductions, or pausing, to carefully assess the current economic environment, incoming...
Bloomberg
Kugler Says Inflation on Sustainable Path to Fed's 2% Goal
Federal Reserve Governor Adriana Kugler says she's optimistic about the trajectory of inflation and the broader economic conditions during remarks at a Detroit Economic Club event.
Bloomberg
Fed's Goolsbee Sees Rates Coming Down a 'Fair Amount'
Federal Reserve Bank of Chicago President Austan Goolsbee says interest rates still need to come down a "fair amount" during a keynote conversation about the Midwest economy and US monetary policy moderated by Crain's Chicago Business...
Bloomberg
Stifel's Piegza Expects Fed to Cut Rates in December
Stifel Chief Economist Lindsey Piegza expects the Federal Reserve to cut rates in December and then three more times in 2025. On "Bloomberg Surveillance," Piegza says the Fed does not have inflation in a "choke hold" yet.
Bloomberg
BMO's Jennifer Lee Interview
Jennifer Lee, BMO Senior Economist, shared her outlook on the economy and what to expect in the month of December, looking ahead of the next Fed meeting. She spoke with Lizzy Burden on Bloomberg Markets.
Bloomberg
US Economy: GDP Grows at 2.8%, Jobless Claims Fall
Applications for US unemployment benefits fell by 2,000 to 213,000 last week, while the US economy expanded at a solid pace in the third quarter with gross domestic product increasing at a 2.8% annualized pace. Michael McKee breaks down...
Bloomberg
Fed's Preferred Measure of Inflation Picks Up
The core personal consumption expenditures price index, which strips out volatile food and energy items, increased 2.8% from October last year and 0.3% from a month earlier, according to Bureau of Economic Analysis data. Mike McKee...
Bloomberg
Japan's Opposition DPP Says BOJ Rate Hike Won't Derail Budget Talks
Motohisa Furukawa, tax chief of Japan's opposition Democratic Party for the People, whose support is needed by Prime Minister Shigeru Ishiba's minority government, says the central bank likely won't change policy abruptly enough to...
Bloomberg
Swartz: Low Interest Rates Positive For South African Consumers
Supermarket chain Spar has reported full year diluted headline EPS missing estimates. But Angelo Swartz, CEO of Spar told Bloomberg's Horizons Middle East and Africa host Joumanna Bercetche that the 2025 outlook is more positive for...
Bloomberg
Why the Japanese Yen Is So Volatile
The Bank of Japan's rate hike blew up a yen-centered carry trade. Now, as the dust settles, investors and Japanese business owners alike are questioning the yen's role in the global economy.
Bloomberg
Fed to Pause for 2025, Says Deutsche Bank's Luzzetti
Matthew Luzzetti, chief US economist at Deutsche Bank, explains why he sees an extended pause on interest rate cuts by the Federal Reserve for all of 2025 after a 25 basis-point cut in December.