Bloomberg
Yen at 155 Against Dollar Is Where Japan Starts to Worry, Sakakibara Says
Japan's government may step into foreign exchange markets again if the yen goes beyond 150 against the dollar with officials likely to get concerned if it reaches 155, according to former top forex official Eisuke Sakakibara. He speaks...
Bloomberg
Robertson Stephens' Garretty on US Shutdown
Jeanette Garretty, chief economist at Robertson Stephens, discusses the prospect of a federal government shutdown and the economic implications. She speaks with Bloomberg's Shery Ahn and Haidi Stroud-Watts on "Bloomberg Daybreak: Asia."
Bloomberg
JPMorgan Is 'Neutral' on Equities With Preference for US and Japan
Kerry Craig, global market strategist at JPMorgan Asset Management, discusses Treasury yields, US stocks, and the opportunities he sees in other markets. He speaks with Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Asia."
Bloomberg
Kashkari Says He Expects One More Rate Hike This Year
Federal Reserve Bank of Minneapolis President Neel Kashkari said he expects the US central bank will need to raise interest rates one more time this year and keep policy tighter for longer if the economy is stronger than expected....
Bloomberg
Rob Arnott on Fed, Inflation, Perfect Value Environment
Rob Arnott, chairman and founder at Research Affiliates, discusses inflation, the chances of a hard landing for the US economy, and a "near perfect" environment for value investing on "Bloomberg Brief."
Bloomberg
Dimon Warns World May Not Be Ready for Fed at 7%: TOI
Jamie Dimon, chief executive officer at JPMorgan Chase & Co. says the world may not be prepared for a worst-case scenario of Federal Reserve benchmark interest rates hitting 7% along with stagflation. Menaka Doshi reports on Bloomberg...
Bloomberg
Ketterer: Wage Hikes Will Make Auto Profitability Hard
Peter Kraus, Aperture Investors Chairman & CEO and Sarah Ketterer, Causeway Capital CEO tell us why the auto strike will be hard to resolve.
Bloomberg
Kraus: Fed Will Not Consciously Break the Economy
Peter Kraus, Aperture Investors Chairman & CEO and Sarah Ketterer, Causeway Capital CEO discuss why the Fed's plan to hold rates higher for longer is causing tremors in markets.
Bloomberg
Summers: Fed at Risk of Being Surprised
Lawrence H. Summers, Former US Treasury Secretary explains why he believes the Fed should be wary in its optimism.
Bloomberg
Why Apollo's Zelter Is 'Skeptical' of a Soft Landing
James Zelter, co-president of Apollo Global Management Inc., said the effects of tighter monetary policy from central banks still haven't been fully felt, leaving him "skeptical" about a soft economic landing. He spoke Thursday at the...
Bloomberg
Bullard Says Prospects 'Looking Good' for a Soft Landing
Former Federal Reserve Bank of St. Louis President James Bullard say the prospects for a soft landing for the US economy are "very good," while cautioning that the Fed is only "partway" through the process of meeting its 2% inflation...
Bloomberg
Philippine Central Bank Governor Sees More Than One Hike in Cards
Philippine central bank Governor Eli Remolona discusses monetary policy and the outlook for the economy. The Bangko Sentral ng Pilipinas on Thursday kept its benchmark interest rate steady for a fourth straight meeting, looking past last...
Bloomberg
China's New-Economy Stocks to Lead Market in 2024, JPMorgan Says
Tai Hui, chief market strategist for Asia Pacific at JPMorgan Asset Management, discusses the interest-rate differentials between the US and Japan, and the implications for financial assets. He also talks about the opportunities he sees...
Bloomberg
Powell's Key Comments After Fed Leaves Rates Unchanged
Federal Reserve Chair Jerome Powell spoke at a press conference after the central bank left its benchmark interest rate unchanged while signaling borrowing costs will likely stay higher for longer. Here are his key remarks.
Bloomberg
Standard Chartered Wealth Management's Lam on a Delayed US Recession
Daniel Lam, Head of Equity Strategy at Standard Chartered Wealth Management, discusses why he believes a delayed US recession could happen over the next 6-12 months. He speaks with Shery Ahn and Haidi Stroud-Watts on "Daybreak Asia".
Bloomberg
Carnegie Investment Counsel on US Markets
Greg Halter, director of research at Carnegie Investment Counsel, discusses his outlook and investment strategies for US markets. He speaks with Bloomberg's Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Australia."
Bloomberg
Univ. of Michigan Prof. Stevenson on Fed Pause
Bestey Stevenson, professor of public policy & economics at the University of Michigan, discusses her view on the Fed's pause on rate hikes in September. She speaks with Bloomberg's Shery Ahn and Haidi Stroud-Watts on "Bloomberg...
Bloomberg
Fed Leaves Rates Unchanged
Bloomberg's Michael McKee and Julie Fine discuss the Federal Reserve leaving rates unchanged speculating hints that they will no longer raise rates for the rest of the year. They also talk about Speaker Kevin McCarthy and the looming...
Bloomberg
Powell Says Federal Reserve to 'Proceed Carefully' on Rate Path
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.
Bloomberg
Greg Peters and Jim Bianco on the Fed's Decision
PGIM Fixed Income Co-CIO Greg Peters, and Bianco Research President Jim Bianco, give their remarks about today's Federal Reserve's policy-setting decision. They speak with Jon Ferro and Tom Keen on "Bloomberg Surveillance: The Fed decides."
Bloomberg
Fed Holds Rates, Signals One More Hike This Year
The Federal Reserve left its benchmark interest rate unchanged while signaling borrowing costs will likely stay higher for longer after one more hike this year. Mike McKee reports on "Bloomberg Surveillance: The Fed Decides."
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Bloomberg
Fed's Powell: Soft Landing Possible, Must Move Carefully
Federal Reserve Chair Jerome Powell says an economic soft landing is possible but not the Fed's baseline expectation during a news conference following the decision by the central bank's policy-setting Federal Open Market Committee to...
Bloomberg
Powell Says Fed 'Fairly Close' to Where It Needs to Be
"We need to get to a place where we're confident that we have a stance that will bring inflation down to 2% over time," Federal Reserve Chair Jerome Powell says during a news conference following the decision by the Fed's policy-setting...
Bloomberg
Powell: We're Moving Slowly as We Approach 2% Inflation
Federal Reserve Chair Jerome Powell says we are moving "a little more carefully now as we as we as we sort of find our way to to the right level of restriction that we need to get inflation back down to 2%." He speaks in...