Bloomberg
Bank of Italy's Visco: We Don't Need to Have a Recession
"I don't' think we need to have a recession. We can disinflate the economy without a recession." Bank of Italy Governor Ignazio Visco discusses ECB policy and his outlook for the economy. He speaks exclusively on Bloomberg Television on...
Bloomberg
Clarida: Don't Expect Hard Lean Indicating Hike in Sept.
"I don't expect a hard lean indicating a hike in September." Richard Clarida, global economic advisor at Pimco and former vice chairman of the board of governors of the Federal Reserve, discusses the upcoming Federal Reserve decision,...
Bloomberg
BSP Governor Says 'Premature' to Talk About Rate Cuts
New Philippine central bank governor Eli Remolona signals that further monetary policy tightening is still on the table, as the Bangko Sentral ng Pilipinas monitors upside risks to inflation. He spoke with Bloomberg's Global Economics...
Bloomberg
Will BOJ Tweak Yield Control This Month?
The Bank of Japan will probably adjust its yield curve control program at its policy meeting this month given that inflation is stronger than expected, according to Hideo Hayakawa, a former executive director at the bank. Mark Cranfield...
Bloomberg
Dollar Lowest Since April 2022
The dollar is weakening as US interest rates near a peak and the Federal Reserve's aggressive tightening begins to take a toll on the world's largest economy. David Finnerty reports on Bloomberg Television.
Bloomberg
PBOC Pledges to Use Policy Tools to Spur Recovery
The People's Bank of China urged patience and confidence in the economy's recovery as it pledged to use its policy tools to support growth. John Liu reports on Bloomberg Television.
Bloomberg
See One More Fed Rake Hike at Most This Year: Chao
"Door has been opened for Fed to be less hawkish." David Chao, global market strategist for Asia Pacific at Invesco, discusses Federal Reserve policy, his investment strategy and his outlook for markets in the second half of the year....
Bloomberg
Former Fed Governor Laurence Meyer on Bullard
Former Fed Governor Laurence Meyer reflects on Federal Reserve Bank of St. Louis President James Bullard's legacy, who will fully depart from his post Aug. 14 to become the inaugural dean of the Mitchell E. Daniels, Jr. School of...
Bloomberg
Fed, Market Narrative to Change Towards Growth: Apollo's Slok
Torsten Slok, chief economist at Apollo Global Management, says inflation remains at levels too high for comfort for the Federal Reserve and that "a default cycle has started" for consumers and corporates. He speaks on "Bloomberg...
Bloomberg
China Loan Growth Picks Up After Rate Cut
China's new loans accelerated in June after a PBOC rate cut in the middle of the month, aimed at boosting credit demand. John Liu reports on Bloomberg Television.
Bloomberg
New Zealand Maintains Benchmark Interest Rate at 5.50%
New Zealand's central bank kept interest rates unchanged for the first time in almost two years amid signs that the weaker economy is slowing inflation. Kathleen Hays reports on Bloomberg Television.
Bloomberg
Yum China, TSMC, SK Hynix Favored, Thornburg Says
Jeff Klingelhofer, co-head of investments at Thornburg Investment Management, discusses Federal Reserve policy and the upcoming US inflation report, the implications for financial markets, and the opportunities he sees. He speaks with...
Bloomberg
US Getting Back to Non-Stimulative Era Economy: Schneider
"We're getting back to an economy, and central bank policies that are reflective of an non-stimulative era." Jerome Schneider, head of short-term portfolio management & funding at Pimco, discusses Federal Reserve policy and his...
Bloomberg
Senator Warren on Fed Policy, Banking Industry, Military
US Senator Elizabeth Warren discusses Federal Reserve Chairman Jerome Powell, the banking industry and the readiness of the US military. She speaks exclusively on Bloomberg Television.
Bloomberg
Inflation Is the Critical Variable for Markets: McIntyre
"Inflation is the critical variable for markets." Jack McIntyre, portfolio manager at Brandywine Global, discusses US inflation, his investment strategy and his outlook for bonds. He speaks on Bloomberg Television.
Bloomberg
Bank of Canada Needs to 'Stay the Course,' Macklem Says
The Bank of Canada raised interest rates for a second straight meeting, keeping the door open for more hikes as it pushed back inflation's return to its 2% target. Governor Tiff Macklem says policymakers need "stay the course."
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Bloomberg
Lowe Announces RBA Reforms
Reserve Bank of Australia Governor Philip Lowe announced a slate of reforms at the central bank, some that have been flagged before, but they won't take effect until after he finds out if he's staying in the job or being replaced. Swati...
Bloomberg
Yen Strengthens Through 140 Per Dollar
Yen bulls that have reaped nothing but disappointment in 2023 are finally eyeing gains as the currency climbs to its strongest in months. Mark Cranfield reports on Bloomberg Television.
Bloomberg
UK Latest: BOE's Bailey on Rising Mortgage Costs
Bank of England Governor Andrew Bailey says rising mortgage costs are "part of the transmission of monetary policy," as the BOE warns that some 4 million households will face a sharp increase in mortgage costs. Bailey speaks during a BOE...
Bloomberg
BOE's Bailey Sees UK Inflation Coming Down 'Markedly'
Bank of England Governor Andrew Bailey says it is crucial the central bank return inflation to its 2% target during a speech at London's Mansion House.
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Bloomberg
France's Le Maire Says Europe Moving Away From Inflation Wave
French Finance Minister Bruno Le Maire said Europe is moving past the worst of an inflationary surge. He spoke over the weekend on the sidelines of an economic conference in Aix-en-Provence. (Excerpts)
Bloomberg
US Equities Have Priced in a Soft Landing: Chan
"US equity market has priced in a soft landing." Cecilia Chan, chief investment officer for APAC at HSBC Asset Management, discusses the potential for a recession in the US, the equity market and her outlook for China. She speaks on...
Press Association
Bank of England governor speaks after Chancellor unveils City pensions reforms
Jeremy Hunt said he is prioritising tackling inflation over tax cuts, in a blow to Tory MPs clamouring for a pre-election giveaway. In his first Mansion House speech as Chancellor on Monday, he said that bringing down soaring prices...
Bloomberg
Natixis CEO: No Credit Crunch, Hiring Credit Suisse Traders
Natixis CEO Stephanie Paix does not foresee a credit crunch in Europe and expects rates to stabilize by the end of the year. She's already started hiring traders from Credit Suisse. She spoke with Bloomberg's Caroline Connan on the...