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
Powell Still Sees Risks of Inflation to the Upside
Federal Reserve Chair Jerome Powell says risks of inflation are still to the upside. He says the data still shows that there hasn't been a lot of progress over the last year. Powell speaks in Washington.
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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
Fed's Powell Says 'Nearly All' FOMC Members Expect Further Tightening
Federal Reserve Chairman Jerome Powell speaks about the decision by the Fed's policy-setting Federal Open Market Committee to keep its benchmark interest rate unchanged.
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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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First Look With Surveillance: US Economy, Fed Pause
Anna Edwards and Kriti Gupta take you through what to watch today.
Bloomberg
Federal Reserve Rate Decision: What to Watch for
The Federal Reserve will announce its latest policy decision on Wednesday as policymakers are expected to pause their interest-rate hiking campaign. Valerie Tytel has a preview on Bloomberg Television.
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Bloomberg
Fed to Sit on Its Hands This Week, Invesco Says
Kristina Hooper, chief global market strategist at Invesco, discusses Federal Reserve policy. Most economists expect the Fed to pause interest-rate increases this week for the first time in 15 months. Hooper speaks with Vonnie Quinn and...
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
What to Watch for in US CPI Report
U.S. CPI data for May is expected to fall to 4.1% year-over-year as traders look for cues that would allow Federal Reserve officials to pause their tightening campaign on Wednesday. Michael McKee and Valerie Tytel have a preview on...
Bloomberg
Subdued CPI Seen Supporting Fed 'Skip'
Federal Reserve officials seeking to put their tightening campaign on pause this week are set to receive support from consumer price index data due Tuesday, according to Bloomberg Economics. Kathleen Hays reports on Bloomberg Television.
Bloomberg
HSBC's Major Is Bullish on US Treasuries
Steven Major, global head of fixed income research at HSBC Holdings Plc, discusses Federal Reserve policy and its implications for the bond market. He speaks with David Ingles and Yvonne Man on "Bloomberg Markets: China Open."
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Bloomberg
Bond Traders Brace for Federal Reserve Meeting Fraught
Traders remain split over whether a rate increase by the Federal Reserve is likelier in June or July. But the risks for bond investors from this week's meeting go well beyond whether officials decide to raise rates again. Ruth Carson...
Bloomberg
US Fed, BOJ, ECB Are Set to Announce Policies This Week
The Federal Reserve, the Bank of Japan and the European Central Bank are scheduled to hold policy-setting meetings and announce their decisions this week. Kathleen Hays reports on Bloomberg Television.
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Bloomberg
Citi's Wieting: The Bear Market Journey Isn't Complete
Steven Wieting, Citi Global Wealth chief investment strategist, says the bear market journey is not complete. He says there are rolling recessions ongoing in some industries. He explains on "Bloomberg Markets: The Close."
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Bloomberg
El-Erian Expects Fed to Correct on Unemployment, Inflation
Mohamed El-Erian, chief economic adviser at Allianz and Bloomberg Opinion columnist, explains his expectations for the Federal Reserve's June policy decision and their projections on unemployment and inflation with Jonathan Ferro on...
Bloomberg
First Look With Surveillance: China Zero, Trump Troubles
Anna Edwards and Kriti Gupta take you through what to watch today.
Bloomberg
Malaysian Central Bank Official on Inflation
Fraziali Ismail, Assistant Governor at Bank Negara Malaysia, discusses the outlook for monetary policy and inflation in the country. He speaks with Bloomberg's Haslinda Amin.
Bloomberg
Higher Capital Requirements Won't Trigger Chaos, Cohen Says
H. Rodgin "Rodge" Cohen, Sullivan & Cromwell senior chairman, discusses the aftermath of the US bank failures and how higher capital requirements for banks could impact the financial system. He speaks with David Westin and Romaine...
Bloomberg
Taleb: Central Banks Didn't See Inflation Coming
Nassim Nicholas Taleb, Distinguished Scientific Advisor at Universa, says central banks didn't see inflation coming and they should not be raising interest rates abruptly. He speaks to Tom Keene at Bloomberg Invest New York 2023.
Bloomberg
Jobless Claims Jump to Highest Level Since October 2021
Applications for US unemployment benefits to 261,000 in the week ended June 3 and continuing claims fell to 1.76 million in the week ended May 27. Mike McKee reports on "Bloomberg Surveillance."
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Bloomberg
BI Presents: Fed Pause Doesn't Mean Imminent Cuts
Ira Jersey, U.S. Interest Rate Strategist, Bloomberg Intelligence presents on the Fed pause at Bloomberg Invest New York 2023.