Bloomberg
Diokno: Philippines Central Bank Likely to Pause on Rate
"Philippines Central Bank will most likely pause on rate." Philippine Finance Secretary Benjamin Diokno discusses the central bank's monetary policy and his outlook for the economy. He speaks on Bloomberg Television.
Bloomberg
Meijer: Regional Banks Down on Back of Higher Rates
Jaap Meijer, Managing Director and Head of Equities Research at Arqaam Capital discusses his MENA equities outlook. He speaks with Yousef Gamal El-Din on the "Daybreak Middle East" show.
Bloomberg
Fed Pause Is 'a Bit of a Puzzle,' Apollo's Slok Says
Apollo Chief Economist Torsten Slok says the Federal Reserve should be raising rates now if they are so worried about inflation during an interview on "Bloomberg Markets: The Close."
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Bloomberg
New Zealand Economy Falls Into Recession
New Zealand's economy has fallen into recession. Gross domestic product fell 0.1% from the prior three months, when it dropped an upwardly revised 0.7%, Paul Allen and Haidi Stroud-Watts report on Bloomberg Television.
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Bloomberg
Powell Says He Expects July FOMC Meeting Will Be 'Live'
Federal Reserve Chair Jerome Powell says a decision hasn't been made about the Fed's July meeting at a news conference following the Federal Open Market Committees decision to pause rate hikes.
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Bloomberg
Powell: Pause Is a Continuation of Rate Hike Moderation
Federal Reserve Chair Jerome Powell says it made "obvious sense" to moderate rate hikes at a news conference following the Federal Open Market Committees decision to pause rate hikes.
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Bloomberg
Powell Says Fed Rate Cuts Are a 'Couple Years Out'
"(Inflation) has not, so far, reacted much to our existing rate hikes and so we're going to have to keep at it," Federal Reserve Chair Jerome Powell says at a news conference following the Federal Open Market Committees decision to pause...
Bloomberg
Fed Pauses Rate Hikes, Signals More Tightening Ahead
"Holding the target range steady at this meeting allows the committee to assess additional information and its implications for monetary policy," the Federal Open Market Committee said in a statement released in Washington. Mike McKee...
Bloomberg
JPMorgan's Michele: September Rate Cut Still on Table
Bob Michele, JPMorgan Asset Management global fixed income CIO, says he still sees a recession by the end of the year and expects capital appreciation in bonds during an interview with Jonathan Ferro on "Bloomberg The Open."
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Bloomberg
PPI Declines, Signaling Easing in Supply-Side Inflation
The producer price index for final demand decreased 0.3% in May, restrained by a drop in the cost of gasoline. Mike McKee reports on "Bloomberg Surveillance."
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Bloomberg
'Big Disconnect' between Bank Valuations and Growth Prospects, says Goldman's Hallam
"Banks are going to be able to deliver growth year after year" says Goldman Sachs banks analyst Chris Hallam, speaking on Bloomberg Television on June 13. "When we contrast that with other sectors in Europe, that actually leaves banks as...
Bloomberg
Fed Will Pause Rate Hikes, Morgan Stanley's Caron Says
Morgan Stanley Global Balanced Funds co-CIO Jim Caron says the May CPI report takes some of the pressure off of the Federal Reserve to keep raising rates. He speaks with Jonathan Ferro on "Bloomberg The Open."
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Bloomberg
Morgan Stanley's Caron Makes the Case for Riskier Assets
Morgan Stanley Global Balanced Funds co-CIO Jim Caron says the failure of central banks to keep inflation anchored at 2% will benefit riskier assets. He speaks with Jonathan Ferro on "Bloomberg The Open."
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Bloomberg
Franklin Templeton & Guggenheim CIOs Talk Big Picture in Bonds
Sonal Desai, Chief Investment Officer, Franklin Templeton Fixed Income and Anne Walsh, Chief Investment Officer, Guggenheim Partners Investment Management discuss bonds with Bloomberg's Ira Jersey at Bloomberg Invest New York.
Bloomberg
Apollo Says PE Firms Need to Return to Bargain-Hunting
Private equity firms need to return to old-fashioned bargain hunting as they can no longer rely on debt to juice returns, according to Apollo Global Management Inc. Co-President Scott Kleinman. "We're no longer in a free money...
Bloomberg
China Big Four State Banks Said to Cut Dollar Deposit Rates
China's big four state lenders have effectively cut dollar deposit rates as the yuan weakens against the greenback, according to people familiar with the matter. Charlie Zhu reports on Bloomberg Television.
Bloomberg
Ray Dalio: US at Beginning of Late Big-Cycle Debt Crisis
Bridgewater founder Ray Dalio says interest rates probably won't rise much from current levels while talking with David Westin at Bloomberg Invest New York 2023.
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Bloomberg
Fed Forecasts Will Spur New Bull Market: TPW's Pelosky
TPW Advisory Principal and founder Jay Pelosky says the Covid pandemic-related inflation spike is over and the Federal Reserve will stop raising rates. He speaks with Jonathan Ferro on "Bloomberg The Open."
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Bloomberg
China Asks Lenders to Cut Deposit Rates in Bid to Boost Growth
China's biggest banks have been asked by authorities to lower their deposit rates for at least the second time in less than a year in an effort to boost the world's second-largest economy. Valerie Tytel reports on Bloomberg...
Bloomberg
Morgan Stanley's Wagner on RBA, Economy & Opportunities
Richard Wagner, Morgan Stanley Australia CEO, discusses the RBA's surprise rate hike, what this means for Australia's economy and the opportunities he sees for the bank in the second-half of 2023. He speaks with Haidi Stroud-Watts from...
Bloomberg
Pimco's Clarida Sees a 'Very High' Bar for 2023 Fed Rate Cuts
Richard Clarida, global economic advisor at Pacific Investment Management Co. (Pimco), says there could yet be a hike or two in the Federal Reserve interest rate cycle and explains why rate cuts may be a "2024 story." He speaks with...
Bloomberg
Fed Ultimately Has to Do More Than What's Priced, Dutta Says
Neil Dutta, head of US economic research at Renaissance Macro, expects more to come from the Federal Reserve as the US economy "is far more resilient than is appreciated," and sees markets being driven by earnings expectations. He speaks...
Bloomberg
PGIM's Peters Sees Rates 'Surprisingly' Higher for Longer
Greg Peters, co-CIO at PGIM Fixed Income, says "it's extremely advantageous to be short versus long" on the yield curve as the bias is for higher rates, not lower rates. He speaks with Lisa Abramowicz on "Bloomberg Surveillance."
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Bloomberg
RBC Capital Markets' Ong on RBA Preview
RBC Capital Markets Chief Economist Su-Lin Ong discusses the Reserve Bank of Australia's rate decision amid a tight labor market and broader upward pressure on wages. She speaks with Shery Ahn and Paul Allen on "Daybreak Australia."