News Clip4:32
Bloomberg

Borish: No More Rate Hikes in 2023

Higher Ed
Peter Borish, Computer Trading Corporation CEO doesn't expect the Fed to raise rates for the remainder of 2023, but warns of deflationary pressures of higher rates.
News Clip2:30
Bloomberg

Fed's Mester: Inflation Too High, Jobs in Better Balance

Higher Ed
"Although there has been some progress, inflation remains too high and the FOMC is committed to moving inflation down to 2 percent," Federal Reserve Bank of Cleveland President Loretta Mester says at a research conference hosted by the...
News Clip2:03
Bloomberg

Jobs Report Takes Pressure Off of Fed, Kroszner Says

Higher Ed
Former Federal Reserve Governor Randall Kroszner expects the Fed to hold on rates for the rest of the year in the wake of the August US employment report. He speaks with Tom Keene on "Bloomberg Surveillance." Follow Bloomberg for...
News Clip2:58
Bloomberg

BlackRock's Rieder: 'Put Your Shoulder' Into Fixed Income

Higher Ed
Rick Rieder, CIO of global fixed income at BlackRock, says it's time to get behind more interest rate exposure than over the last few months as "the Fed should be done." He speaks with Alix Steel on "Bloomberg The Open."
News Clip1:47
Bloomberg

Blinder: Less Than 50% Chance Fed Is Done Raising Rates

Higher Ed
Former Federal Reserve Vice Chair Alan Blinder says there's a "reasonable chance" the Federal Reserve is done raising rates during an interview with Vonnie Quinn and Katie Greifeld on "Bloomberg Markets: The Close." Follow Bloomberg for...
News Clip2:09
Bloomberg

Markets Closer to Inflection Point, Apollo's Slok Says

Higher Ed
Apollo Management Partner and Chief Economist Torsten Slok says the markets are getting closer to a point where the Fed funds rate will peak and rates will move sideways during an interview with Dani Burger and Alix Steel on "Bloomberg...
News Clip3:07
Bloomberg

China Banks Enlisted in Stimulus Push

Higher Ed
China may announce that the big state-owned banks are cutting rates on the majority of the nation's 38.6 trillion yuan ($5.3 trillion) of existing mortgages, according to people familiar with the matter. The reductions will only affect...
News Clip2:24
Bloomberg

Wall Street Braces for $15 Billion Wave of LBO Debt

Higher Ed
Bankers are expected to kick off a series of new junk bonds and loans tied to M&A after the Labor Day holiday in the US. Paula Seligson has more on "Bloomberg Markets." Follow Bloomberg for business news & analysis, up-to-the-minute...
News Clip2:02
Bloomberg

Bar Is High for Fed Rate Hike, Wells Fargo's Bryson Says

Higher Ed
Wells Fargo Chief Economist Jay Bryson says markets have been "very accommodative" recently during an interview with Tom Keene and Kailey Leinz on "Bloomberg Surveillance." Follow Bloomberg for business news & analysis, up-to-the-minute...
News Clip2:54
Bloomberg

Why UBS Is Still Bullish on US Homebuilders

Higher Ed
UBS Securities analyst John Lovallo says his firm remains bullish on US homebuilder stocks due to the lack of existing inventory and resilient demand. "There is just very, very little existing home inventory, 3.2 months to be exact....
News Clip4:22
Bloomberg

Fitch: China Banks' Net Interest Margins Declining

Higher Ed
Grace Wu, head of Greater China bank ratings at Fitch Ratings, discusses the prospects for the banking industry. China's largest banks are preparing to cut interest rates on existing mortgages and deposits, the latest state-directed...
News Clip5:17
Bloomberg

AlphaSimplex Group's Kaminski on Global Markets

Higher Ed
Kathryn Kaminski, Chief Research Strategist & Portfolio Manager at AlphaSimplex Group, discusses her outlook and investment strategies for global markets. She speaks with Shery Ahn and Haidi Stroud-Watts on "Daybreak Asia".
News Clip6:17
Bloomberg

Odeon Capital Group's Bove on US Bank Regulations

Higher Ed
Dick Bove, Financial Strategist at Odeon Capital Group, discusses his views on the Fed and FDIC's proposal that will require banks with as little as $100 billion in assets issue enough long-term debt to cover capital losses if they ever...
News Clip3:39
Bloomberg

Hawaiian Electric Pushes Back on Cause of Wildfires

Higher Ed
Hawaiian Electric Industries Inc. soared after the utility pushed back against a lawsuit filed by Maui County that accused the company of starting the deadly Lahaina fire. The utility says its lines were de-energized when a fire began...
News Clip6:56
Bloomberg

Don't Get Out of Tech Entirely, Says Hunt

Higher Ed
Sarah Hunt, Alpine Woods portfolio manager, says there are opportunities in tech and fixed income. She's on "Bloomberg Markets: European Close." Follow Bloomberg for business news & analysis, up-to-the-minute market data, features,...
News Clip6:19
Bloomberg

Maybank's Mehta On Fixed Income Strategy

Higher Ed
Maybank Asset Mgmt Co-Head, Regional Fixed Income, Rachana Mehta discusses her fixed income markets outlook and investment strategy. She speaks with David Ingles on "Bloomberg Markets: China Open".
News Clip4:20
Bloomberg

Robertson Stephens' Garretty on US Economy

Higher Ed
Jeanette Garretty, Managing Director and Chief Economist at Robertson Stephens, discusses her outlook for the US Economy and reviews Fed Chair Powell's speech at the Jackson Hole Economic Symposium. She speaks with Shery Ahn and Haidi...
News Clip3:59
Bloomberg

New Normal for Rates, Inflation, and Productivity

Higher Ed
Lori Calvasina, RBC Capital Head of US Equity Strategy and Scott Chronert, Citi US Equity Strategist say that the paradigms on rates, inflation and productivity are changing from the going standard after the Great Financial Crisis and...
News Clip5:29
Bloomberg

Fallout from Higher Rates

Higher Ed
Eric Cantor, Moelis & Company Vice Chairman thinks the US government doesn't have a borrowing problem right now, but expects that investors will start to pay attention to fallout from the flood of treasury issuance and rising US deficits...
News Clip6:33
Bloomberg

Univ. of Michigan's Wolfers: You Want to Be Less Model-Driven

Higher Ed
University of Michigan Professor of Public Policy and Economics Justin Wolfers discusses Larry Summers' view on R-star, the post-pandemic economy, and where we are heading in five years. He speaks on "Bloomberg Surveillance" from the...
News Clip6:46
Bloomberg

Jared Bernstein Talks Inflation, Jobs and Bidenomics

Higher Ed
US Council of Economic Advisors Chair Jared Bernstein discusses the state of the US economy and the GOP's criticisms of Bidenomics with Joe Mathieu and Annmarie Hordern on the sidelines of the Federal Reserve Bank of Kansas City's annual...
News Clip2:31
Bloomberg

Goolsbee: Fed's Job Isn't Done, Inflation Still Too High

Higher Ed
Federal Reserve Bank of Chicago President Austan Goolsbee says the Fed still has more work to do in the fight against inflation during an interview with Mike McKee on the sidelines of the Federal Reserve Bank of Kansas City's annual...
News Clip12:14
Bloomberg

Fed's Goolsbee on Inflation, Wages, Possible Auto Strike

Higher Ed
Federal Reserve Bank of Chicago President Austan Goolsbee discusses the path of Fed policy, what a potential UAW strike could mean for the economy and the current level of mortgage rates with Mike McKee on the sidelines of the Federal...
News Clip7:56
Bloomberg

ECB's Kazaks: Any Rate Hikes Would Be 'Relatively Small'

Higher Ed
European Central Bank Governing Council Member and Bank of Latvia Governor Martins Kazaks discusses ECB policy, interest rates, and the euro area's labor market with Mike McKee on the sidelines of the Kansas City Fed's annual policy...