Curated Video
Biden's economy vs. Trump's economy
Our "Path to the White House" series continues this week with one of the big issues that matters most to voters heading into the November presidential election: the economy. (Scripps News)
Press Association
Darren Jones holds press conference to 'call out' Conservative spending plans
Darren Jones, shadow chief secretary to the treasury, holds a press conference to 'call out' Conservative spending plans he says are unfunded and potentially damaging to ordinary people's finances.
Press Association
Labour’s plans require no more tax rises, Reeves says – full speech and Q&A
Labour will not announce any additional tax rises during the election campaign, Rachel Reeves has said.
The shadow chancellor also ruled out holding an emergency budget if Labour won the election, saying she would not hold a fiscal...
Press Association
Labour’s plans require no more tax rises, Reeves says –full speech and Q&A - high res
Labour will not announce any additional tax rises during the election campaign, Rachel Reeves has said.
The shadow chancellor also ruled out holding an emergency budget if Labour won the election, saying she would not hold a fiscal...
Bloomberg
Saudi National Bank Chairman on Fed, SVB, Credit Suisse
Credit Suisse's biggest shareholder ruled out providing more financial assistance if there is a call by the bank for additional liquidity. "The answer is absolutely not, for many reasons outside the simplest reason which is regulatory...
Bloomberg
Fed Has to Pause in Wake of SVB, iCapital's Amoroso Says
"There is a broader problem," iCapital Chief Investment Strategist Anastasia Amoroso says in response to a question about the SVB crisis during an interview on "Bloomberg Surveillance."
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Bloomberg
Ed Yardeni Sees a Return to the 'Old Normal'
"The economy and stock market have already demonstrated that they can both live with these kinds of levels of interest rates," says Ed Yardeni, president at Yardeni Research, as he expects to see better productivity and earnings in 2024....
Bloomberg
Tikehau: No Doubt Inflation Impacting Our Portfolio
Tikehau Capital Advisors Chairman Antoine Flamarion discusses the impact of inflation and higher interest rates on the private equity industry. "Inflation is impacting our portfolio," Flamarion says. "So that's why very early we try to...
Bloomberg
BOJ's Ueda Drops 'Shock and Awe' on Path Toward Policy Normalization
The Bank of Japan's policy decision is seen as the wild card in this week's central banks' bonanza due to its history of surprising markets. And BOJ watchers say Governor Kazuo Ueda maybe is laying the groundwork for the eventual...
Bloomberg
UBP's Villamin: Fed Should Pause Its Rate Hikes
UBP Group Chief Strategist Norman Villamin thinks the Fed should pause its rate hikes, but not yet cut, unless unemployment rises significantly or another significant financial system shock emerges. He speaks with Rishaad Salamat on...
Bloomberg
New Zealand Central Bank Keeps Key Rate Steady at 5.50%
The Reserve Bank of New Zealand kept its key rate at 5.5% and signaled a subdued growth outlook. All 22 economists surveyed by Bloomberg had expected no change from the central bank. Yvonne Man and David Ingles report on Bloomberg...
Bloomberg
ECB 'Not Exactly' Done, Says Former President Trichet
Jean-Claude Trichet, former European Central Bank President, says the ECB is out of "unconditional forward guidance" and that it is his hope that the central bank has concluded with rate hikes. He examines their latest monetary policy...
Bloomberg
ECB Rate Decision: What to Watch for
The European Central Bank is expected to hold interest rates steady for the first time in more than a year Thursday following 10 back-to-back increases. Maria Tadeo has a preview on Bloomberg Television.
Curated Video
What do Powell's comments on rate cuts mean for Americans?
Powell said the Fed isn't ready to start cutting interest rates until the central bank has more confidence in the strength of the economy.
Press Association
Paschal Donohoe refuses to rule out becoming next head of IMF
Minister for Public Expenditure Paschal Donohoe has refused to rule out interest in becoming the next managing director of the International Monetary Fund (IMF) following speculation.
Mr Donohoe, who is also president of the Eurogroup...
Bloomberg
Rates to Keep Rising or Stay Elevated, Says BofA's Cabana
Mark Cabana, head of US rates strategy at Bank of America Securities, discusses the US Treasury's upcoming quarterly refunding auctions totaling $112 billion. He speaks with Tom Keene on "Bloomberg Surveillance."
Bloomberg
Northern Trust AM Sticking to 'Cautious Positioning'
Wouter Sturkenboom, chief investment strategist for Europe, Middle East, Africa and Asia Pacific at Northern Trust Asset Management, explains why he's maintain an overweight to cash. and discusses the outlook for markets and central...
Bloomberg
Inflation Coming Down, Low Growth Ahead: Pimco's Browne
Erin Browne, Pimco portfolio manager for multi-asset strategies, says she expects additional financial condition tightening through next year during an interview with Lisa Abramowicz on "Bloomberg The Open."
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Bloomberg
HSBC Has Good Capital Generation Prospects, CEO Quinn Says
HSBC Holdings Plc Chief Executive Officer Noel Quinn discusses the bank's financial results, outlook and strategy. The London-headquartered bank announced a new $3 billion buyback program after it reported profit that missed estimates in...
Bloomberg
Small Caps 'Taking Brunt of the Pain' From Yields: RBC's Calvasina
Lori Calvasina, head of US equity strategy at RBC Capital Markets, discusses the damage done to small cap stocks from the increase in the 10-year yield and says most small cap sectors "look cheap relative to their large cap...
Bloomberg
SEB: Yield Volatility Is Here to Stay
SEB Head of Asia Strategy Eugenia Victorino believes that yield volatility is here to stay, until it is clear that the Fed is ready to pivot. She speaks with Bloomberg's David Ingles and Yvonne Man on "Bloomberg Markets: Asia."
Bloomberg
Altman: Only a Crisis Will Cause Authorities to Adjust Fiscal Policies
Roger Altman, Evercore founder and senior chairman, says that it is just a matter of time before global financial markets turn attention to the country's fiscal trajectory. He urges fiscal authorities to tackle the country's deficit...
Bloomberg
Yellen: Robust Economy Suggests Higher-for-Longer Rates
US Treasury Secretary Janet Yellen says higher yields reflect a stronger economy and it is possible longer-term yields will come down during an event in Bloomberg's Washington office.
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Bloomberg
Harvey: Hard to Build Equity Floor Without the Rates Ceiling
Wells Fargo head of equity strategy Christopher Harvey says that the big question for equities will come from how high rates go. Citi Global Wealth head of investment solutions Kristen Bitterly says that it is no longer about how high...