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
Fidelity International's Chan on China Recovery
Vanessa Chan, Head of Asian Fixed Income Investment Directing at Fidelity International, discusses China's economic recovery and potential policy support. She speaks with David Ingles and Yvonne Man on "Bloomberg Markets: China Open".
Bloomberg
Main Street AM's Gibbs on Markets, CPI
Erin Gibbs, Senior Partner and CIO at Main Street Asset Management, discusses her outlook for markets ahead of the US CPI report. She speaks with Haidi Stroud-Watts and Kathleen Hays on "Daybreak Australia".
Bloomberg
BlackRock's Carney: Munis Might Lag If Treasuries Rally
Sean Carney, BlackRock's head of municipal strategy, says strong technicals and weak Treasuries are responsible for the current success of municipal bonds, but if Treasuries keep rallying munis may not be able to keep up. He speaks on...
Bloomberg
Global Companies Seen Paying Down Some of Record Debt
Global companies with a record $7.8 trillion in net debt are likely to use cash to pay some of it down as the economy slows and borrowing costs remain high. Olivia Raimonde has more on "Bloomberg Markets: The Close."
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Market Expectations Not Adapting to Reality: PGIM's Tipp
"We're having a failure of expectations to adapt to reality," PGIM Fixed Income Chief Investment Strategist Robert Tipp says, Speaking during an interview with Jonathan Ferro on "Bloomberg The Open," Tipp also says he sees a "productive"...
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Fed's Kashkari: Banks Must Be Prepared for Higher Rates
"If inflation proves to be more entrenched than expected, policy rates might need to go higher," Federal Reserve Bank of Minneapolis President Neel Kashkari says at a National Bureau of Economic Research event.
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US Inflation Decelerates, Core CPI Up Less Than Forecast
The CPI rose 3% last month from a year ago, according to data out Wednesday from the Bureau of Labor Statistics. Core CPI advanced 4.8%, the lowest since late 2021 but still well above the Fed's target. Mike McKee breaks down the numbers...
Bloomberg
Fed Is Fighting a Battle It Has Already Won: JPM's Kelly
JPMorgan Asset Management Chief Global Strategist David Kelly warns the US labor market will eventually crack and disinflation is everywhere. Speaking on "Bloomberg Surveillance," Kelly also says that when the Federal Reserve starts to...
Bloomberg
BNY Mellon's Meskin Says Look at Credit Quality
nia Meskin, BNY Mellon Investment Management Head of US Marco, told Alix Steel and Guy Johnson that investors need to look at credit quality in this current market environment. Meskin said this Monday morning on "Bloomberg Markets:...
Bloomberg
The US Dollar Has Peaked, Marc Chandler Says
Marc Chandler of Bannockburn Global says the US dollar has peaked. He's on "Bloomberg Markets."
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Daly Says 'Couple More' Fed Rate Hikes Are Likely Needed
"One of the surprising things about the economy is just how much momentum it continues to have," Federal Reserve Bank of San Francisco President Mary Daly says during a Hutchins Center on Fiscal and Monetary Policy at Brookings...
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Fed's Mester: Rates Need to Move Up 'Somewhat Further'
"The funds rate will need to move up somewhat further from its current level and then hold there for a while," Federal Reserve Bank of Cleveland President Loretta Mester says during an event at the University of California, San...
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...
Bloomberg
Inflation Coming Down Faster Than It Went Up: ECB's Centeno
ECB governing council member Mario Centeno says core inflation is coming down faster than it went up, and he's confident we've reached the peak. He also warned about the risks of overshooting and argued that the ECB should make its...
Bloomberg
Moody's Analytics' Ell on Eco Weekahead
Katrina Ell, Senior Economist at Moody's Analytics, discusses the week's key economic data and events. She speaks with Haidi Stroud-Watts and Kathleen Hays on "Daybreak Asia".
Bloomberg
The Fed Is Stuck Right Now, Crossmark's Fernandez Says
Crossmark Global Investments Chief Market Strategist Victoria Fernandez says the Federal Reserve will definitely hike rates at the July meeting on "Bloomberg The Open."
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Jobs Report May Be Turning Point for Fed, Kroszner Says
Former Federal Reserve Governor Randall Kroszner, a University of Chicago Booth School economics professor, expects the Federal Reserve to hold rates in the "mid-fives" for a while during an interview on "Bloomberg Surveillance."
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Fed Policy Isn't That Restrictive, Vanguard's Davis Says
Joseph Davis, global head of Vanguard's Investment Strategy Group (ISG), says the labor market needs to loosen or the US will still have an inflation problem at the end of the year on "Bloomberg Markets: The Close."
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Fed's Logan: More Rate Increases Will Likely Be Needed
"I remain concerned about whether inflation will return to target in a sustainable and timely way," Federal Reserve Bank of Dallas President Lorie Logan says at the Central Bank Research Association's annual meeting in New York.
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UAE: Voluntary Oil Supply Cuts Enough to Balance Market
UAE Energy Minister Suhail Al Mazrouei said voluntary cuts to oil supply should be enough to balance the market. He says the UAE has not been asked to undertake voluntary output cuts such as have been carried out by Saudi Arabia. He...
Bloomberg
PGIM's Appleson 'Cautiously Optimistic' About Munis
Jason Appleson, head of PGIM Fixed Income's municipal bond team, discusses recent trends in the municipal bond market and where he sees opportunities on "Bloomberg Markets: The Close."
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Minutes From June Fed Meeting Reveal Policy Divisions
"Almost all participants judged it appropriate or acceptable to maintain the target range for the federal funds rate at 5% to 5.25%," minutes from the June 13-14 meeting said." Mike McKee reports on "Bloomberg Markets: The...
Bloomberg
One More Fed Hike 'Baked in Cake': Evercore ISI's Hyman
Evercore ISI founder and Chair Ed Hyman says anything more than one Federal Reserve rate hike is a mistake and will increase the likelihood of a recession. He speaks during an interview with Jonathan Ferro and Tom Keene on "Bloomberg...