Bloomberg
SocGen's Bini Smaghi on Rate Hikes, Bank Strategy
Societe Generale Chairman and Former ECB Executive Board Member Lorenzo Bini Smaghi said markets are expecting a recession to happen as a consequence of central banks getting more hawkish. He also touched on European banks being...
Bloomberg
Ueda: Weak Core Inflation Is Reason for Loose BOJ Policy
Bank of Japan Governor Kazuo Ueda says the BOJ will monitor the yen closely during a panel discussion at the ECB Forum on Central Banking in Sintra, Portugal.
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Bloomberg
Biden Says He Likes the Term 'Bidenomics'
President Joe Biden says he never coined the term "Bidenomics," but he likes it. Biden will outline his plans for the economy in Chicago today. Biden spoke to reporters at the White House.
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Bloomberg
Fed's Powell: Don't See 2% Core Inflation Before 2025
"We will be restrictive as long as we need to be," Federal Reserve Chair Jerome Powell says during a panel discussion at the ECB Forum on Central Banking in Sintra, Portugal.
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Bloomberg
Lagarde: ECB Will Likely Hike in July If Baseline Stands
"We still have ground to cover" on inflation, European Central Bank President Christine Lagarde says during the ECB Forum on Central Banking in Sintra, Portugal.
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Bloomberg
Stournaras: Greece Investment Grade Return May Be Weeks
"There is a stable government now with a strong parliamentary majority," Bank of Greece Governor Yannis Stournaras says during an interview on "Bloomberg Markets: European Close."
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Bloomberg
Pimco's Clarida Says Fed Could 'Ratchet Down Rates' Next Year
Richard Clarida, global economic advisor at Pacific Investment Management Co. (Pimco) and former Federal Reserve vice chairman, says the Fed could "ratchet down rates" in 2024 despite not meeting its inflation target. "We could see cuts...
Bloomberg
Powell Won't Rule Out Fed Hiking at Consecutive Meetings
Federal Reserve Chair Jerome Powell says monetary policy is not restrictive enough during a panel discussion at the ECB Forum on Central Banking in Sintra, Portugal.
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Bloomberg
Fed's Powell: Recession Not the Most Likely Case for US
Federal Reserve Chair Jerome Powell says there is a significant chance of a recession in the US but it is not the most likely case during a panel discussion at the ECB Forum on Central Banking in Sintra, Portugal.
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Bloomberg
ECB Says July Rate Hike Is a 'Fait Accompli', September Is 'Open'
European Central Bank Vice President Luis de Guindos says an interest-rate hike in July is a "fait accompli" but September's decision is "open." He made the comments during an interview with Bloomberg's Francine Lacqua on the sidelines...
Bloomberg
SARB's Kganyago on Tighter for Longer Policy, 'Undervalued' Rand
South African Reserve Bank Governor Lesetja Kganyago explains why the central bank's model sees the rand as "undervalued" and says "no doubt" that policy will have to stay "tight for a little bit longer than actually the market had been...
Bloomberg
Investors Should Be Defensively Positioned: Mitra
"We're still suggesting to our clients to be defensively positioned, pick up more duration, underweight equities and stay neutral in credit." Aninda Mitra, head of Asia macro and investment strategy at BNY Mellon Investment Management,...
Bloomberg
Moody's Zandi: No More Than One or Two Rate Hikes Ahead
"What's going on in the housing market, given where rates are today, is sufficient to get inflation back down to something I think the Federal Reserve should feel comfortable with," Moody's Analytics Chief Economist Mark Zandi says...
Bloomberg
ECB's Vasle Says Persistent Inflation Would Need More Hikes
European Central Bank Governing Council member Bostjan Vasle says interest-rate hikes would need to continue if inflation proves to be more persistent than expected. He speaks on "Bloomberg Markets."
Bloomberg
IMF's Gopinath Says Markets Remain 'Somewhat Optimistic' on Rates
IMF First Deputy Managing Director Gita Gopinath says financial markets are "somewhat optimistic" about the path of central bank interest rates as core inflation remains high, "I still think that they're off a bit on the duration for...
Bloomberg
Ameriprise Financial's Daoud on the Markets
Ameriprise Financial Private Wealth Advisor and Opus Advice First CEO Nancy Daoud explains why she thinks US investors should be cautious when it comes to the tech sector. She discusses her market outlook and investment strategy with...