Bloomberg
Can't Keep Cutting Defense Spending: Rogoff
Kenneth Rogoff, Harvard University Professor of Economics discusses the Federal Reserve and interest rates and why the US can't keep cutting defense spending. He speaks with David Westin and Romaine Bostick on "Wall Street Week Daily."...
Bloomberg
Rogoff Says Fundamentals Point to Higher Rates, Yields
Ken Rogoff, Harvard University professor of economics and former IMF chief economist, says he expects bond yields to remain at elevated levels for a long time and warned the Federal Reserve "still has a fight ahead." He speaks with David...
Bloomberg
FOMC Officials Agreed Rates Should Remain Restrictive
"All participants" agreed that the committee was in a position to "proceed carefully," according to the minutes from the September meeting of the Federal Reserve's policy-setting Federal Open Market Committee. Mike McKee reports on...
Bloomberg
Higher-for-Longer Rates Are a Concern for World Bank
World Bank Group President Ajay Banga says interest rates staying higher for longer "can be a complicated event in many ways" for the global economy during a speech Wednesday at the annual meetings of the International Monetary Fund and...
Bloomberg
RBA Hikes Are Cooling Prices, Though Lags Remain: Assistant Governor
Reserve Bank of Australia Assistant Governor Chris Kent says the central bank's aggressive monetary policy tightening is working to cool inflation, though lags in transmission mean the full effects of interest-rate increases to-date are...
Bloomberg
McKinsey Says AI Could Be Game Changer for Banks
"I think one of the things that's going to completely change banking is the rise of technology and AI." Renny Thomas, senior partner at McKinsey & Co., talks about the state of the global banking sector and its prospects. Banks globally...
Bloomberg
Citi's Manthey: Time to Move to More Cyclical Markets
Beata Manthey, global equity strategist and head of European equity strategy at Citigroup Inc., discusses her investment strategy and the opportunities she sees amid geopolitical risks. The team led by Manthey said last week it's the...
Bloomberg
Fed's Daly: Could See Nominal Neutral Interest Rate at 3%
"5% is not going to be the new neutral. There's no evidence that that will be the new neutral." Federal Reserve Bank of San Francisco President Mary Daly said the neutral interest rate could be higher now than before the pandemic, though...
Bloomberg
Jefferson: Fed Can Proceed Carefully Amid Rising Yields
"The FOMC is in a position to proceed carefully in assessing the extent of any additional policy firming that may be necessary," Federal Reserve Vice Chair Philip Jefferson says during remarks at a National Association for Business...
Bloomberg
Fed's Logan: Yields May Mean Less Need to Raise Rates
"If term premiums rise, they could do some of the work of cooling the economy for us, leaving less need for additional monetary policy tightening," Federal Reserve Bank of Dallas President Lorie Logan says during remarks at the National...
Bloomberg
Principal's Shah Makes the Case for Diversification
Principal Asset Management Chief Strategist Seema Shah says the markets should still be concerned about Treasury issuance and the federal deficit. Speaking on "Bloomberg Markets: European Close," Shah adds that the macro backdrop for...
Bloomberg
Logan: Quite a Bit of Room for Fed Balance Sheet Runoff
"I think there's quite a bit of room for the balance sheet to continue to run off," Federal Reserve Bank of Dallas President Lorie Logan says during remarks at the National Association for Business Economics meeting in Dallas.
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Bloomberg
Kotak Mahindra: Prolonged Pause on RBI's Repo Rate
Kotak Mahindra Bank Senior Economist Upasna Bhardwaj thinks the Reserve Bank of India will remain on a prolonged pause, well into FY2025. She speaks with Bloomberg's David Ingles and Rishaad Salamat on "Bloomberg Markets: Asia."
Bloomberg
Tao of Trading's Ree: Rates Won't Be 'Higher For Longer'
Tao of Trading Founder Simon Ree believes interest rates will not be "higher for longer" and that the Fed will be forced to cut rates in 2024 due to weak economic activity. He speaks with on "Bloomberg Markets: Asia."
Bloomberg
BlackRock's Hildebrand Sees Reality of Lower Global Growth Setting In
Philipp Hildebrand, vice chairman at BlackRock, says, "this world of stickier inflation, low growth, and high interest rates is more likely to persist," as he expects that global interest rates are "probably close" to their peak. He...
Bloomberg
BMO Office's Schleif on US Markets
Carol Schleif, chief investment officer at BMO Family Office, discusses her outlook and investment strategies for US markets. She speaks with Bloomberg's Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Australia."
Bloomberg
Rate Hike Cycle Is Over for RBI: Rajani
"Looks like rate hike cycle is over for the RBI." Shweta Rajani, senior vice president and head of mutual funds at Anand Rathi Private Wealth Management, discusses Indian markets, Reserve Bank of India monetary policy and her outlook for...
Bloomberg
Trillium AM's Smith on US Economy and Markets
Cheryl Smith, economist and portfolio manager at Trillium Asset Management, discusses her outlook for US markets and the economy. She speaks with Bloomberg's Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Australia."
Bloomberg
Summers: We've got an Energizer Bunny Economy
Lawrence H. Summers, Former Treasury Secretary explains why he believes the Fed is still facing a complex picture in the medium-term, even in light of a strong labor market.
Bloomberg
We Have an Energizer Bunny Econoomy: Summers
Lawrence H. Summers, Former US Treasury Secretary discusses interest rates and the unsustainable path of fiscal policy at IMF. He speaks with David Westin on "Wall Street Week Daily."
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Bloomberg
Dalio: Cash Is No Longer Trash
Ray Dalio, Bridgewater Associates Founder joined us from the Greenwich Economic Forum to explain the importance of diversifying a portfolio and where to invest in today's economy. He also tells us why his next chapter doesn't include a...
Bloomberg
Investing in Times of Uncertainty
David Bianco, DWS Americas CIO & Liz Ann Sonders, Charles Schwab Chief Investment Strategist take a look at the history of the stock market and compare present-day volatility to the dot-com bubble.
Bloomberg
El-Erian Says Jobs Data Good News for Economy, Bad News for Fed
Mohamed El-Erian, chief economic adviser at Allianz and Bloomberg Opinion columnist, says the unexpected surge in payrolls seen in the September US jobs report is "good news for the economy," but "bad news for markets and for the Fed" on...
Bloomberg
US Jobs Preview: Mixed Signals Making Traders Nervous
The September jobs report due Friday is set to add another data point to the array of sources sending increasingly mixed signals on the state of the US labor market. Valerie Tytel previews the release on Bloomberg Television.