Bloomberg
Fed's Powell Says Inflation Is Moving Closer to Our Goal
The Federal Reserve lowered its benchmark interest rate for the third consecutive time, but reduced the number of expected cuts in 2025, signaling caution. Chair Jerome Powell says inflation is moving toward its goal of 2%. Powell...
Bloomberg
Dutta reacts to the Fed's rate cut, economic projections
Neil Dutta of Renaissance Macro says the Fed is lowering the bar for additional action next year. He speaks with Jonathan Ferro, Lisa Abramowicz and Tom Keene on "Bloomberg Surveillance: The Fed Decides."
Bloomberg
Fed Is Pretty Much Done, Says Franklin Templeton's Dudley
Katrina Dudley, senior investment strategist at Franklin Templeton Public Markets, says the market rally will not be sustained in 2025 without breadth, which she expects to be driven by AI, and explains why the Federal Reserve is "going...
Bloomberg
Mike Wilson on Markets, Fed, Election, Growth in 2025
Morgan Stanley Chief US Equity Strategist Mike Wilson expects to see better market breadth in 2025. He talks about how the US election has been positive for markets and where he sees risks for investors. He's on "Bloomberg Surveillance."
Bloomberg
BofA's Moynihan on Consumer Spending, Fed, Regulation
Bank of America Chairman and CEO Brian Moynihan talks about consumer spending, the need for the Federal Reserve to cut interest rates "a little," and how regulators need to take a closer look at the rules for banks. He speaks to...
Bloomberg
BlackRock's 2025 Outlook: Transformation Across Asset Classes
"This is not a cycle," says Jean Boivin, head of BlackRock Investment Institute, as he discusses his firm's 2025 outlook. Boivin outlines the risks they see for equities in the year ahead and says the broadening out of markets beyond AI...
Bloomberg
Inflation a Bit Stuck, Bonds at Reasonable Level: Dudley
William Dudley, a Bloomberg Opinion contributor and former president of the Federal Reserve Bank of New York, discusses the outlook for Fed policy and the fixed income market on "Bloomberg Open Interest." Dudley's opinions are his own.
Bloomberg
Trends Likely to Persist Into New Year: 3-Minute MLIV
Anna Edwards, Guy Johnson, Kriti Gupta and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
Bloomberg
BlackRock's Rieder on the Fed, Yield Curve Thrill Seekers
Rick Rieder, CIO of global fixed income at BlackRock, discusses his expectations for Federal Reserve policy and his investment strategy for the year ahead. On the yield curve, Rieder doesn't see a big tactical "let's put on a steepener...
Bloomberg
Morgan Stanley's Wilson on Stocks in 2025, Volatility
Morgan Stanley Chief US Equity Strategist Mike Wilson talks about his outlook for stocks in 2025. He says there could be a correction next year and volatility will pick up in the first part of next year, then clear. He still sees the S&P...
Bloomberg
Fed to Assume Extension of Trump Tax Cuts, Bill Dudley
Bill Dudley, former New York Fed President, Bloomberg Opinion columnist, and Bloomberg Economics senior advisor, expects the Federal Reserve to make assumptions about the extension of the 2017 tax cuts. Dudley says that won't be the case...
Bloomberg
Wilson Says There Could Be a Correction Next Year
Morgan Stanley Chief US Equity Strategist Mike Wilson says there could be a market correction in the first half of 2025, but the average stock might not come down that much. He's on "Bloomberg Open Interest."
Bloomberg
Fed to Be on 'Hawkish Side' in 2025, Antonucci Says
Quintet Private Bank CIO Daniele Antonucci discusses what to expect from the Federal Reserve's interest-rate decision next week. Speaking on Bloomberg Television, Antonucci says he expects the central bank to cut interest rates on...
Bloomberg
PGIM's Collins: Hard to Argue With Rates at These Levels
Michael Collins, multi-sector executive portfolio manager at PGIM Fixed Income, sees confusion in the bond market about US economic data and says the rate on the US 10-Year Treasury "feels like it's fair value for the current environment."
Bloomberg
Goldman's Kostin Predicts 25% Rise in M&A, S&P at 6,500
"The animal spirits have really been out in force," David Kostin, Goldman Sachs chief US equity strategist, says. Speaking on "Bloomberg Open Interest," Kostin also says he expects a 25% rise in M&A activity and a roughly 7% increase in...
Bloomberg
Goldman's Kostin on Stock Market Outlook, Investment Strategy
David Kostin, Goldman Sachs chief US equity strategist, discusses his forecast for M&A activity and the S&P 500. Speaking on "Bloomberg Open Interest," Kostin also discusses his investment strategy going into 2025.
Bloomberg
Little 'Justification' for Fed's Cutting Cycle, Says Unlimited's Elliott
Unlimited CEO and CIO Bob Elliott says that there's little in the way of justification for the Federal Reserve's current cutting cycle, including the cuts the market is continuing to expect over the next few quarters. He adds that...
Bloomberg
BlackRock's Chaudhuri Sees Market Broadening Out From Tech in 2025
Gargi Chaudhuri, BlackRock chief investment and portfolio strategist, Americas, says the recent economic data will spur the Federal Reserve to cut rates by 25 basis points in December. Speaking on "Bloomberg The Close," Chaudhuri also...
Bloomberg
The Inflation Story Is Benign, David Kelly Says
David Kelly, JPMorgan Asset Management chief global strategist, says the inflation story is benign and the Federal Reserve's dot plot will be a little more cautious. He's on "Bloomberg Surveillance" reacting to the report that showed US...
Bloomberg
US Core CPI Increases 0.3% for Fourth Straight Month
US consumer prices continued to rise in November as the so-called core consumer price index increased 0.3% for a fourth straight month and rose 3.3% from a year ago. Michael McKee reports on Bloomberg Television.
Bloomberg
Bank of Canada Cuts Rates by 50 Basis Points to 3.25%
The Bank of Canada cut its benchmark overnight rate by 50 basis points to 3.25%, signaling a potential slowdown in monetary easing. He says the policy focus is now on keeping inflation close to target. The Canadian central bank has now...
Bloomberg
Weaker Yuan Is One Part of China's Armory: 3-Minute MLIV
Anna Edwards, Guy Johnson, and Paul Dobson break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."
(Republishes video to correct currency reference in the headline.)
Bloomberg
What to Expect From November's CPI Report
The US November CPI report is expected to show core inflation of 0.3% for a fourth straight month, which would be consistent with annual price gains above 3%. Michael McKee has a preview on Bloomberg Television.
Bloomberg
Might Be Time to Look for Downside Protection, Slimmon Says
Andrew Slimmon, managing director Morgan Stanley Investment Management, says it may be time for investors to look for downside protection. He's on "Bloomberg The Close."