Bloomberg
Fed's Powell: Yield Rise Could Mean Less Need to Hike
Federal Reserve Chair Jerome Powell says the rise in US bond yields could mean less need to hike rates during an interview with David Westin at the Economic Club of New York.
Follow Bloomberg for business news & analysis,...
Bloomberg
Climate Protesters Interrupt Powell Speech in New York
Climate change protesters interrupted the beginning of Federal Reserve Chair Jerome Powell's remarks at the Economic Club of New York on Thursday. Chair Powell was quickly escorted off stage. The room was cleared a short time later.
Bloomberg
Fed Worried About Long-End of Yield Curve, Boivin Says
Jean Boivin, a former Bank of Canada official who now heads the BlackRock Investment Institute, says the Federal Reserve is now "concerned about the long end getting out of control." He speaks on "Bloomberg The Open."
Follow Bloomberg...
Bloomberg
Front End of Yield Curve May Be at Peak: Truist's Hughey
Chip Hughey, Truist's managing director of fixed income, discusses municipal bond yields with Katie Greifeld and Romaine Bostick on "Bloomberg Markets: The Close."
Follow Bloomberg for business news & analysis, up-to-the-minute market...
Bloomberg
Waller Says Fed Can Run Balance Sheet Down $2 Trillion
Federal Reserve Governor Christopher Waller comments on the state of the Fed's balance sheet during remarks before the European Economics and Financial Center in London.
Follow Bloomberg for business news & analysis, up-to-the-minute...
Bloomberg
We've Been Long and Wrong on Bonds: Schumacher
Mike Schumacher, Wells Fargo managing director and head of macro strategy, says "we've been long and wrong" on the bond market and it's been painful. He's on "Bloomberg The Open."
(Corrects spelling of guest's last name in...
Bloomberg
Waller Says Fed Can 'Wait and See' About Rate Decision
"I believe we can wait, watch and see how the economy evolves before making definitive moves on the path of the policy rate," Federal Reserve Governor Christopher Waller says during remarks before the European Economics and Financial...
Bloomberg
JPMorgan's Hui: I Think the Fed Really Ought to Stay Put
"I do think the Fed really ought to stay put." Tai Hui, chief market strategist for Asia Pacific at JPMorgan Asset Management, discusses his investment strategy amid the conflict in the Middle East, its impact on oil markets and Federal...
Bloomberg
BofA CEO Moynihan Says Fed Has Won Battle of Consumer
Bank of America CEO Brian Moynihan says consumers are moving from cash into the market and spending less on credit and debit cards. He speaks during an interview with David Westin on "Wall Street Week Daily."
Follow Bloomberg for...
Bloomberg
Fed Should Sit Back and Wait: Ancora's Sowerby
Ancora Advisors Managing Director and Portfolio Manager David Sowerby says inflation is still the biggest risk to financial markets on "Bloomberg Markets: The Close."
Follow Bloomberg for business news & analysis, up-to-the-minute...
Bloomberg
US Banks Brace for Tough Times Ahead
US bank earnings are in focus this week, bracing for results from Goldman Sachs Group, and Morgan Stanley after seeing solid earnings from JPMorgan Chase & Co. and Wells Fargo & Co. Su Keenan reports on Bloomberg Television.
Bloomberg
Kristal: Fed Beats Inflation, But Loses to Hard Landing
Kristal founder & Chief Executive Officer Asheesh Chanda believes the Fed may win the inflation fight, but could lose to a hard landing. He speaks with Bloomberg's Rishaad Salamat and Yvonne Man on "Bloomberg Markets: Asia."
Bloomberg
Haass: Israel Needs a Palestinian State as Favor to Itself
Richard Haass, Centerview Partners Senior Counselor, explains why he is concerned about a large-scale invasion of Gaza and says that Israel needs a Palestinian state as a favor to itself.
Bloomberg
Fleming: Investors Have a Hard Time Measuring Geopolitical Risk
Gregory Fleming, Rockefeller Capital CEO tells us why investors have a hard time measuring geopolitical risk and explains why inflation is his main concern right now.
Bloomberg
El-Erian Hopes Next Two Fed Meetings Aren't 'Live'
Mohamed El-Erian, chief economic adviser at Allianz and Bloomberg Opinion columnist, says he "hopes" that the Federal Reserve elects to keep its current benchmark interest rate unchanged at its next two policy meetings. "The market says...
Bloomberg
El-Erian Says the Bond Market Has Lost All Anchors
"What we are seeing is this enormous volatility. So far, we are lucky that when we have overshoots it triggers some sort of reaction," says Bloomberg Opinion columnist Mohamed El-Erian, as he discusses bond market volatility with...
Bloomberg
Fed's Harker: Holding Rates Steady Would Be 'Prudent'
"Rates will need to stay high for a while," Federal Reserve Bank of Philadelphia President Patrick Harker says during a virtual event with the Delaware State Chamber of Commerce.
Follow Bloomberg for business news & analysis,...
Bloomberg
Wells Fargo CFO: Economy Slowing, Banks in Good Shape
Wells Fargo CFO Mike Santomassimo discusses the bank's third-quarter earnings and the regulatory environment with Scarlet Fu and Romaine Bostick on "Bloomberg Markets: The Close."
Follow Bloomberg for business news & analysis,...
Bloomberg
Bond Rout Reignites in Worst Day Since 2020 Turmoil
The yield on 10-year Treasuries jumped to the 4.70% level in the New York session while the 30-year yield also surged after a hotter-than-expected September inflation data and weak demand for a bond auction. Garfield Reynolds has more on...
Bloomberg
One More Fed Hike in December is Still on the Table: IG
Hebe Chen, market analyst at IG, discusses Federal Reserve policy and the implications for financial markets. She speaks with Yvonne Man on "Bloomberg Markets: China Open."
Bloomberg
UBS Global WM's Lovell on US Markets
Nadia Lovell, senior US equity strategist at UBS Global Wealth Management, discusses her outlook and investment strategies for US markets. She speaks with Bloomberg's Shery Ahn and Haidi Stroud-Watts on "Bloomberg Daybreak: Australia."
Bloomberg
Fed's Collins: Rising Yields May Reduce Need for Hikes
Federal Reserve Bank of Boston President Susan Collins says the current phase of monetary policy requires patience during a community banking conference hosted by the Boston Fed.
Follow Bloomberg for business news & analysis,...
Bloomberg
Core CPI Up for Second Month, Jobless Claims Unchanged
The core CPI increased 0.3% last month as initial jobless claims remained unchanged at 209,000. Mike McKee reports on "Bloomberg Surveillance."
Follow Bloomberg for business news & analysis, up-to-the-minute market data, features,...
Bloomberg
Shaoul: US Will Need Yield-Curve Control
Michael Shaoul of Marketfield Asset Management sees some sort of yield curve control being brought into the US. "At the end of the day, financial stability is the unspoken mandate of the Federal Reserve."