Bloomberg
Kansas City Fed Names Veteran Banker Schmid as President
Jeffrey Schmid, president and CEO of the Southwestern Graduate School of Banking Foundation at Southern Methodist University's Cox School of Business, has been appointed the new president of the Federal Reserve Bank of Kansas, effective...
Bloomberg
Citi's Sheets Expects Recession in 2024, Rate Cut in Q2
Citigroup Global Markets Global Chief Economist Nathan Sheets says he still expects a US recession in 2024 during an interview with Jonathan Ferro and Lisa Abramowicz on "Bloomberg Surveillance."
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Bloomberg
KKR's McVey on US Downgrade, Japan, Strategy
Henry McVey, CIO of KKR's Balance Sheet, discusses Fitch's move to downgrade US government debt, Bank of Japan policy, and investment strategy on "Bloomberg Markets."
Bloomberg
Guggenheim's Hayes Warns 'Storm Clouds Ahead' for Credit
Brendan Hayes, Guggenheim Securities co-head of capital structure advisory, discusses the challenges in private equity with Sonali Basak on "Bloomberg Markets."
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Bloomberg
The Pandemic Wiped Out Housing Inventory: Miller
Jonathan Miller of Miller Samuel says housing inventory is lower than it was in 2019 in most markets. He's on "Bloomberg Surveillance."
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Bloomberg
Uber Turns an Operating Profit for First Time
Uber Technologies Inc. reported its first-ever operating profit, fueled by demand for rides and delivery and marking a significant milestone as the company seeks to move beyond its cash-burning past. Mandeep Singh of Bloomberg...
Bloomberg
Why Morgan Stanley's Kushma Is Bullish on Emerging Markets
Morgan Stanley Investment Management Global Fixed Income CIO Michael Kushma on "Bloomberg The Open."
Bloomberg
State Street's APAC Fixed Income Head on Fitch's US Downgrade
Kheng Siang Ng, Asia Pacific Head of Fixed Income at State Street Global Advisors, tells Rishaad Salamat and David Ingles that he sees impact impact from Fitch's stripping of the US' top-tier sovereign credit rating. He discusses on...
Bloomberg
Chile Cuts Key Rate 100BPS to 10.25%
Chile's central bank slashed its key interest rate by a larger-than-expected 100 basis points, spearheading Latin America's shift toward looser monetary policy and signaling more big reductions to come. Kathleen Hays reports on Bloomberg...
Bloomberg
HSBC CEO Quinn on Earnings, Investing in Asia, UK HQ
Noel Quinn, chief executive officer at HSBC Holdings Plc, discusses second quarter earnings, investment in Asia and the bank's commitment to the UK. He speaks to Francine Lacqua on "Bloomberg Daybreak: Europe."
Bloomberg
Mandarin Oriental on Earnings
Mandarin Oriental Hotel Group swung back into the black in the first half of 2023. Its Group Chief Executive, James Riley, discusses the earnings and his outlook with David Ingles on "Bloomberg Markets Asia".
Bloomberg
CalSTRS CIO Ailman: Fixed Income Is 'Great Place to Be'
Christopher Ailman, chief investment officer for the California State Teachers' Retirement System, says there's still about a 50% chance of recession this year and sees fixed income as an increasing investment opportunity. He speaks on...
Bloomberg
BOJ Move Is a Tide Change, Apollo's Slok Says
"The train has left the station now," Apollo Global Management Chief Economist Torsten Slok says while discussing the Bank of Japan's surprise adjustment to yield curve control on "Bloomberg Markets."
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Press Association
US Federal Reserve increase 'good news for global economy', says Quilter.
Quilter Investors chief investment officer Marcus Brookes discusses the latest increase in the Federal Reserve's interest rates and how it will impact the global economy.
Bloomberg
Strong Data 'Troubling' for Fed, Vincent Reinhart Says
Dreyfus & Mellon Chief Economist and Macro Strategist Vincent Reinhart says the Federal Reserve is guiding toward a slower pace of policy firming, which "sounds like a committee that is, number one, divided and number two, pretty close...
Bloomberg
ECB's Lagarde Says Inflation Expected to Remain Too High
ECB President Christine Lagarde says the central bank expects euro area inflation to continue to decline this year, while remaining above-target for "an extended period." Lagarde speaks during a news conference following the ECB's...
Bloomberg
Pimco's Clarida: Fed Aiming to End Hiking Cycle in Fall
Richard Clarida, global economic advisor at Pacific Investment Management Co. (Pimco) and former Federal Reserve vice chairman, says the Federal Reserve intends to end its current round of interest rate hikes by the fourth quarter of...
Bloomberg
Laurence Meyer's Advice to Fed: Sit Back, Enjoy the Data
Former Federal Reserve Governor Laurence Meyer says the most likely scenario for Fed monetary policy is one more rate hike on "Bloomberg Markets: The Close."
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Bloomberg
Fed Raises Rates to Highest Level in 22 Years
The Federal Reserve raised interest rates to the highest level in 22 years and left the door open to additional increases. Mike McKee reports on "Bloomberg Surveillance: The Fed Decides."
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Bloomberg
Powell Says FOMC to Take Data-Dependent Approach on Future Hikes
Federal Reserve Chairman Jerome Powell speaks about the decision by the Fed's policy-setting Federal Open Market Committee to raise its benchmark interest rate by 0.25%.
Bloomberg
Powell Says It's Possible Fed Raises Rates in September
"I would say it is certainly possible that we would raise funds again at the September meeting if the data warranted," Federal Reserve Chair Jerome Powell says at a news conference following the decision by the Fed's policy-setting...
Bloomberg
Strategist Amoroso Sees 2% Real Inflation Rate in 2024
"We're likely to get toward a 2% real rate, given the forecast we have today, at some point in 2024," Anastasia Amoroso, iCapital's chief investment strategist, says on "Bloomberg Surveillance: The Fed Decides."
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Bloomberg
Powell: Fed Staff No Longer Forecasting Recession
Federal Reserve Chair Jerome Powell says the US central bank's staff economists are no longer forecasting a recession given recent resilience in the economic data. He speaks at a news conference following the decision by the Fed's...
Bloomberg
Fed Hike in July to Be Last of Cycle: Economist Zentner
Morgan Stanley Chief US Economist Ellen Zentner says the Federal Reserve can afford to take time to make decisions as the data come in during an interview on "Bloomberg Markets."
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