Bloomberg
US Economy Is at a Turning Point, Vincent Reinhart Says
The US economy is "at a turning point in lots of different ways," Vincent Reinhart , Dreyfus & Mellon's chief economist, says during an interview with Lisa Abramowicz on "Bloomberg Surveillance."
Follow Bloomberg for business news &...
Bloomberg
Fed Needs to Be Willing to Stop Hikes: Vincent Reinhart
"I think it's appropriate now (the Fed) moves gradually and be willing to stop," Vincent Reinhart , Dreyfus & Mellon's chief economist, says during an interview with Lisa Abramowicz on "Bloomberg Surveillance."
Follow Bloomberg for...
Bloomberg
Powell Cites Dot Plot as GOP Presses on Future Hikes
Federal Reserve Chair Jerome Powell pointed to policymakers' latest forecasts showing they anticipate one more increase when asked in a private meeting with conservative US lawmakers how much further the central bank will raise interest...
Bloomberg
Takeaways From Two Days of Bank Failure Hearings
Dennis Kelleher, Better Markets CEO, talks about what he's learned from two days of hearings on Capitol Hill about the recent bank failures. He's on "Wall Street Week Daily."
Follow Bloomberg for business news & analysis,...
Bloomberg
Crossmark's Bob Doll Calls Market Rally Encouraging
"I think we're passed the worst of the bank crisis...but that doesn't mean we're passed all of the issues related to what the Fed has done in the last 12 months," Crossmark Global Investments CIO Bob Doll says on "Bloomberg Markets: The...
Bloomberg
Rep. McHenry Grills Regulators on SVB Awareness
US Representative Patrick McHenry grills Treasury Undersecretary for Domestic Finance Nellie Liang, Federal Reserve Vice Chair for Supervision Michael Barr and FDIC Chair Martin Gruenberg on the timing of their awareness of the impending...
Bloomberg
Bank Crisis Has Opened Pandora's Box: TD's Misra
"There are massive unrealized losses sitting on bank balance sheets," TD Securities Global Head of Rates Strategy Priya Misra says. Speaking during an interview with Jonathan Ferro on "Bloomberg The Open," Misra advises investors to own...
Bloomberg
Fed Will Cut Much More Than Expected, TD's Misra Warns
TD Securities Global Head of Rates Strategy Priya Misra says the Federal Reserve will start cutting rates much later in the year but will cut a lot more than what markets are currently expecting. She speaks with Jonathan Ferro on...
Bloomberg
Hedge Funds Unwind Short Bets and Go Long Treasuries
The scramble by hedge funds to dump short positions helped drive two-year yields down around 100 basis points from a March 8 peak above 5% as traders lean toward further gains in the world's biggest bond. Valerie Tytel explains on...
Bloomberg
Council of Economic Advisers Heather Boushey on Debt Ceiling
Council of Economic Advisers and Invest in American Cabinet Chief Economist, Heather Boushey, discusses the debt ceiling and when President Biden and Speaker McCarthy will meet again. She also talks about the timeline to find the next...
Bloomberg
Day of Reckoning Ahead for Markets: Bowersock's Hill
Bowersock Capital Advisors CEO and Founding Partner Emily Hill explains why she thinks the S&P 500 Index will likely retest the lows of June and September in the first half of 2023 during an interview with Lisa Abramowicz on "Bloomberg...
Bloomberg
Gundlach Warns Recession to Start in Few Months, Fed to Cut Rates
Doubleline Capital's Jeffrey Gundlach expects a US recession will start in a few months, and that the Federal Reserve will need to respond "very dramatically." He made the comments in an interview on CNBC on Monday. Valerie Tytel reports...
Bloomberg
JPM's Fitzsimmons: Still Room for Dollar to Move Lower
Laura Fitzsimmons, executive director at JPMorgan Australia, discusses Federal Reserve policy, her outlook for the dollar and what she's expecting from the Reserve Bank of Australia. She speaks on Bloomberg Television.
Bloomberg
Tarullo: The Fed Set the Right Monetary Policy
In this exclusive Wall Street Week roundtable, David Westin discusses the latest Federal Reserve rate hike with former Treasury Secretary and Harvard University President Emeritus Lawrence Summers, former Fed Governor Dan Tarullo and...
Bloomberg
Shih: See Oil at $80-$100 a Barrel Later This Year
Ken Shih, head of wealth management for Greater China at Saxo Markets, discusses the volatility in the oil market, oil prices and what the prices mean for central banks. He speaks on Bloomberg Television.
Bloomberg
Fed Will Probably Cut Rates This Year: Pimco's Wilding
Pimco North American Economist and Managing Director Tiffany Wilding says the probability of a "modest" recession this year has increased during an interview on "Bloomberg Markets: The Close."
Follow Bloomberg for business news &...
Bloomberg
Summers on the Inflation Fight
Former US Treasury Secretary Lawrence H. Summers breaks down the latest reading on US PCE and shares that it's "plausible" the recent banking woes may subside without a big impact on credit, leaving in place "serious inflation issues."
Bloomberg
Post Mortem on the Banking Crisis
Tim Massad, Former CFTC Chairman breaks down whether we saw the banking crisis coming and if we received proper warnings. He also discusses why this was about bad bank management.
Bloomberg
US Government to The Rescue
Ruchir Sharma, Rockefeller International Chairman dives into whether we are paying a price for government intervention and how we are keeping zombie companies alive.
Bloomberg
US Has Probably Reached Peak Inflation: Pimco's Wilding
Pimco North American Economist and Managing Director Tiffany Wilding says the Federal Reserve "can probably sit back now and let tight conditions run their course" during an interview on "Bloomberg Markets: The Close."
Follow Bloomberg...
Bloomberg
Fed's Collins on Inflation, Rates Path, Banking System
Federal Reserve Bank of Boston President Susan Collins discusses her takeaways from the US inflation data released on Friday, monetary policy, and the Fed's response to the recent collapse of several mid-size banks on "Bloomberg...
Bloomberg
Key Gauge of US Inflation Cools, Spending Moderates
The Federal Reserve's preferred inflation gauge, the personal consumption expenditures price index, rose 0.3% in February after the prior month was revised down slightly. Consumer spending, adjusted for prices, fell 0.1% after surging an...
Bloomberg
Fed Will Start Cutting Rates in September: JPM's Michele
Bob Michele, JPMorgan Asset Management CIO and global head of fixed income, discusses his fixed-income investment strategy during an interview with Lisa Abramowicz on "Bloomberg The Open."
Follow Bloomberg for business news & analysis,...
Bloomberg
BlackRock's Rieder on Fed Expectations
BlackRock CIO of Global Fixed Income Rick Rieder discusses how the US economy is less interest-sensitive compared with past decades and his expectations for the Fed. He speaks with Bloomberg's Haidi Stroud-Watts and Shery Ahn on...