Bloomberg
Borish: No More Rate Hikes in 2023
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.
Bloomberg
Fed's Mester: Inflation Too High, Jobs in Better Balance
"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...
Bloomberg
Jobs Report Takes Pressure Off of Fed, Kroszner Says
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."
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Bloomberg
BlackRock's Rieder: 'Put Your Shoulder' Into Fixed Income
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."
Bloomberg
Blinder: Less Than 50% Chance Fed Is Done Raising Rates
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."
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Bloomberg
Markets Closer to Inflection Point, Apollo's Slok Says
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...
Bloomberg
China Banks Enlisted in Stimulus Push
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...
Bloomberg
Wall Street Braces for $15 Billion Wave of LBO Debt
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."
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Bloomberg
Bar Is High for Fed Rate Hike, Wells Fargo's Bryson Says
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."
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Bloomberg
Why UBS Is Still Bullish on US Homebuilders
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....
Bloomberg
Fitch: China Banks' Net Interest Margins Declining
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...
Bloomberg
AlphaSimplex Group's Kaminski on Global Markets
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".
Bloomberg
Odeon Capital Group's Bove on US Bank Regulations
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...
Bloomberg
Hawaiian Electric Pushes Back on Cause of Wildfires
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...
Bloomberg
Don't Get Out of Tech Entirely, Says Hunt
Sarah Hunt, Alpine Woods portfolio manager, says there are opportunities in tech and fixed income. She's on "Bloomberg Markets: European Close."
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Bloomberg
Maybank's Mehta On Fixed Income Strategy
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".
Bloomberg
Robertson Stephens' Garretty on US Economy
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...
Bloomberg
New Normal for Rates, Inflation, and Productivity
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...
Bloomberg
Fallout from Higher Rates
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...
Bloomberg
Univ. of Michigan's Wolfers: You Want to Be Less Model-Driven
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...
Bloomberg
Jared Bernstein Talks Inflation, Jobs and Bidenomics
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...
Bloomberg
Goolsbee: Fed's Job Isn't Done, Inflation Still Too High
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...
Bloomberg
Fed's Goolsbee on Inflation, Wages, Possible Auto Strike
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...
Bloomberg
ECB's Kazaks: Any Rate Hikes Would Be 'Relatively Small'
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...