Bloomberg
Developing Nations Face Growing Risks, World Bank Says
Carmen Reinhart, chief economist at the World Bank, discusses the outlook for low-income countries amid the coronavirus pandemic. Developing countries face growing risks from financial fragility created by the Covid-19 crisis and...
Bloomberg
Fed's Bullard Says Credibility of Inflation-Targeting Is at Risk
Federal Reserve Bank of St. Louis President James Bullard said the Fed needs to "respond appropriately" to inflation as price pressures threaten the credibility of the central bank's inflation target. Bullard spoke to an economic...
Bloomberg
IMF's Georgieva on Recession Risks, Inflation, Ukraine
IMF Managing Director Kristalina Georgieva talks about global recession risks, inflation, what central banks need to do and the war in Ukraine. She speaks to Bloomberg's Francine Lacqua at "The Earthshot Prize Innovation Summit" in New...
Bloomberg
Pimco: Yield Inversion May Not Be a Good Indicator Now
Erin Browne, portfolio manager at Pacific Investment Management Co., talks about the Treasury yield curve's inversion, its implications for financial markets, and her investment strategy. The U.S. two-year yield briefly exceeded the...
Bloomberg
Bill Dudley Says Fed Might Need to Force Stocks to Fall
Former Federal Reserve Bank of New York President Bill Dudley says the Fed "hasn't really accomplished much yet" with its efforts to control inflation, and will need to tighten financial conditions to push bond yields higher and stock...
Bloomberg
Plosser Sees 'Politicization' of Federal Reserve
Sep.07 -- Former Philadelphia Federal Reserve President Charles Plosser discusses the resignation of Federal Reserve Vice Chair Stanley Fischer and what his departure means to the central bank. He speaks with Bloomberg's David Westin on...
Bloomberg
Dudley Says Fed Will Need to Hike Past Neutral to 'Tight'
Former Federal Reserve Bank of New York President Bill Dudley says the Fed will need to raise interest rates above the central bank's "neutral" target to curb US inflation. "Monetary policy might actually not just have to go to neutral,...
Bloomberg
JPMorgan's Dimon Says He Doesn't Expect a Soft Landing
JPMorgan Chase CEO Jamie Dimon says his "gut" tells him the Federal Reserve will raise rates higher than 4%-4.5%. He speaks at the 2022 IIF Annual Membership Meeting.
Bloomberg
Philippines May Raise Rates by 50 or 75 Bps in Next Meeting: Governor
Philippine central bank Governor Felipe Medalla discusses monetary policy, the outlook for the economy and the local currency. He speaks on the sidelines of the International Monetary Fund and the World Bank annual meetings in Washington...
Bloomberg
Fed Has Misinterpreted Inflation, Lacker Says
Former Federal Reserve Bank of Richmond President Jeffrey Lacker says the Fed is "threading a needle" on inflation this year and has a tough job ahead. He speaks on "Bloomberg Surveillance."
Bloomberg
Fed's Policy Approach Is 'Formula for Disaster': Minerd
Guggenheim Global CIO Scott Minerd reacts to the Federal Reserve signaling it will start raising interest rates "soon" and shrink its bond holdings after liftoff has begun. He speaks on "Bloomberg Markets: The Close."
Bloomberg
Tech Earnings Will Continue to Be Attractive: Well Fargo's McMillion
Tracie McMillion, head of global asset allocation strategy at Wells Fargo Investment Institute, talks about the outlook for U.S. stocks, Federal Reserve's balance sheet and the economy. The worst selloff in American technology shares...
Bloomberg
Powell Says Fed Balance Sheet Plan to Be Announced 'Fairly Soon'
Feb.27 -- Federal Reserve Chairman Jerome Powell said the Fed is close to agreeing on a plan for its balance sheet. Powell speaks with Representative Patrick McHenry, a Republican from North Carolina, before the House Financial Services...
Bloomberg
Bonds Flash Recession Signal as Key Yield Gap Inverts
The U.S. two-year yield briefly exceeded the 10-year Tuesday for the first time since 2019, inverting yet another segment of the Treasury curve. This reinforced the view that Federal Reserve rate increases may cause a recession. Kathleen...
Bloomberg
Don't Write Off the Bond Market Yet, Says Swell
Oct.26 -- Mike Swell, co-head of global fixed income portfolio management at Goldman Sachs Asset Management, says don't write off the bond market just yet. He appears on "Bloomberg Surveillance."
Bloomberg
PGIM's Collins: Fed Rate Returning to Zero in 3-5 Years
PGIM Fixed Income Senior Portfolio Manager Michael Collins says markets have already priced in a funds rate of 3.25% and then almost 100 basis points of rate cuts after that. He speaks on "Bloomberg Surveillance."
Bloomberg
Powell Says He Backs Quarter-Point Rate Hike in March
Federal Reserve Chair Jerome Powell says the central bank is open to a bigger rate hike if inflation stays hot. He speaks in response to a question from U.S. Representative Patrick McHenry of North Carolina during his semiannual...
Bloomberg
Yellen: Cautious Approach to Policy Is Appropriate
June 15 -- Federal Reserve Chair Janet Yellen comments on today's decision by the Fed's policy-setting Federal Open Market Committee to leave rates unchanged during a news conference in Washington.
Bloomberg
Man Group CEO on Inflation, Markets, Crypto
Rising inflation is high on central banks' agenda, but Man Group Chief Executive Officer Luke Ellis says they don't have the gumption to tighten that aggressively. He adds that policymakers get spooked by market decline and then shy...
Bloomberg
Dudley Urges Fed to Be Flexible on Short-Term Interest Rates
Sep.20 -- William Dudley, former New York Fed President and a Bloomberg Opinion columnist, discusses the Federal Reserve’s credibility on inflation and sees the Fed likely to announce a taper in the December meeting. He speaks on...
Bloomberg
Summers Fears Ukraine Crisis Could Blunt Fed's Inflation Fight
Former U.S. Treasury Secretary Lawrence Summers says the Federal Reserve shouldn't shift its policy stance due to the Russia-Ukraine crisis after falling "far behind the curve" on containing inflation. "The danger is that 'team...
Bloomberg
El-Erian Expects Further Pressure on Yield Curves
Feb.19 -- Mohamed El-Erian, a Bloomberg Opinion columnist, says duration risk is interesting but liquidity risk should be the focus of investors and adds that the Federal Reserve is in a tough spot as yield curves continue to steepen. He...
Bloomberg
Powell Sees 'Much Smaller' Fed Balance Sheet Over Time
Nov.28 -- Federal Reserve Chair Nominee Jerome Powell testifies about the size of the Fed's balance sheet going forward, as he sees it decreasing to $2.5 - $3 trillion. He speaks during a confirmation hearing before the Senate Banking...
Bloomberg
Powell Says Fed Will Provide Sufficient Reserves Supply Over Time
Sep.18 -- Federal Reserve Chairman Jerome Powell speaks at a news conference in Washington about the decision by the Fed's policy-setting Federal Open Market Committee to lower their main interest rate for a second time this year while...