Press Association
Sunak promises tax cuts ahead of crunch autumn statement
Rishi Sunak has promised to cut tax “carefully and sustainably” after meeting his target of halving inflation.
The Prime Minister did not give specifics about how the tax burden would be reduced ahead of Wednesday’s autumn statement.
Press Association
Where Rwanda judgment and inflation figures leave Rishi Sunak’s five priorities
New inflation figures and the Supreme Court judgment on Rwanda have brought mixed news for Rishi Sunak’s five priorities for 2023.
The priorities have dominated the Prime Minister’s public appearances this year, after he promised in his...
Press Association
Staff strikes close Scottish schools as union warns against imposing pay offer
Interview with Mark Ferguson, chairman of Unison Scotland's local government committee, and footage of Unison members on the picket line outside Castlehead High School in Paisley, Renfrewshire.
Bloomberg
Bank of Japan Is Between a Rock and a Hard Place, HSBC Says
Frederic Neumann, chief Asia economist and co-head of global research Asia at HSBC, discusses Bank of Japan policy and the implications for the local currency. He speaks with Haslinda Amin and Rishaad Salamat on "Bloomberg Markets: Asia."
Bloomberg
HKUST's Kitney on Central Bank Policies
Paul Kitney, Professor of Business Practice at the Department of Economics of HKUST Business School and a former chief APAC equity strategist for Daiwa Capital Markets, discusses policy moves by the Bank of Japan and the US Federal...
Bloomberg
Robertson Stephens' Garretty on US Economic outlook
Jeanette Garretty, Chief Economist and Managing Director of Robertson Stephens, discusses her outlook for the economy in the US, as investors await the November Fed Rate decision. She speaks with Paul Allen on "Daybreak Australia".
Bloomberg
Federal Reserve Rate Preview: Investor Expectations
The Federal Reserve is expected to keep interest rates unchanged at a 22-year high for a second meeting, while leaving open the possibility of another hike as soon as December. The rate decision and an accompanying statement will be...
Bloomberg
BOJ's Ueda: We Don't See Yields Rising Significantly Beyond 1%
Bank of Japan Governor Kazuo Ueda speaks at a briefing in Tokyo about bond yields and exchange rates after the BOJ removed a 1% yield cap on its daily bond purchases.
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
UK Latest: Inflation in Shops Falls for Fifth Month in a Row
Inflation in UK stores fell to the lowest level in more than a year in another sign that the cost-of-living crisis is starting to ease. The British Retail Consortium said Tuesday that shop prices were 5.2% higher in October than a year...
Bloomberg
Scariest Charts in Financial Markets, According to M&G
Andrew Eve of M&G Investment Management says the maturity wall facing high-yield bonds looks scary. "This could be one of the largest re-financing efforts for high-yield issuers since the GFC (Global Financial Crisis)," Eve said on...
Bloomberg
BOJ Makes Modest Tweak to Yield Policy
The Bank of Japan added flexibility to its yield control program while falling short of market speculation of a greater change. Haslinda Amin and Annabelle Droulers report on Bloomberg Television.
Bloomberg
BOJ Decision to Raise YCC Ceiling Reference Rate Is Good: Fmr. Board Member
Sayuri Shirai, a former Bank of Japan policy board member, discusses the central bank's latest decision. The BOJ adjusted its stimulus to allow long-term yields to edge higher while raising its inflation projections. Shirai speaks with...
Bloomberg
Bank of Japan Set to Announce Policy Amid Tweak Speculation
Bank of Japan Governor Kazuo Ueda and his fellow board members are set to decide whether they need to adjust the central bank's yield curve control program as they conclude a two-day policy meeting Tuesday. A statement on the outcome is...
Bloomberg
BofA: BOJ May Raise Yield Curve Ceiling To 1.5%
BofA Global Research Head of Japan Economics Izumi Devalier thnks the Bank of Japan may raise its ceiling for yield curve control to 1.5 percent this week. She speaks with Haslinda Amin and Rishaad Salamat on "Bloomberg Markets: Asia".
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
Fed's Preferred Measure of Underlying Inflation Jumps
The core personal consumption expenditures price index, which strips out the volatile food and energy components, rose 0.3% in September, according to the Bureau of Economic Analysis report. Inflation-adjusted consumer spending jumped...
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
Yellen Says GDP Shows Economy Is 'Doing Very Well'
Treasury Secretary Janet Yellen said third-quarter growth data show the US economy is doing very well and that there is evidence of a soft landing, where inflation has eased without causing a recession. She speaks to Bloomberg's Peggy...
Bloomberg
Higher Yields Reflect Strong Economy: Romer
Paul Romer, Boston College Professor of Economics discusses the US economy and the fallout from higher yields. He speaks with David Westin and Romaine Bostick on "Wall Street Week Daily."
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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...
Bloomberg
Nides: Confident of Normalization of Relations After War is Over
Thomas Nides, Former US ambassador to Israel says that normalization of relations between the US, Saudi Arabia, and Israel would be in the best interest of the region. He says that while the chance of Saudi normalization is delayed, it...
Bloomberg
Bank of Canada Keeps Rates at 5%, Highest in 22 Years
The Bank of Canada left its benchmark overnight lending rate at 5% on Wednesday the highest level in 22 years. The pause was expected by markets and economists, and marks the fourth time officials sat on the sidelines during this rate...