Bloomberg
Jared Bernstein Talks Inflation, Jobs and Bidenomics
US Council of Economic Advisors Chair Jared Bernstein discusses the state of the US economy and the GOP's criticisms of Bidenomics with Joe Mathieu and Annmarie Hordern on the sidelines of the Federal Reserve Bank of Kansas City's annual...
Bloomberg
Goolsbee: Fed's Job Isn't Done, Inflation Still Too High
Federal Reserve Bank of Chicago President Austan Goolsbee says the Fed still has more work to do in the fight against inflation during an interview with Mike McKee on the sidelines of the Federal Reserve Bank of Kansas City's annual...
Bloomberg
Fed's Goolsbee on Inflation, Wages, Possible Auto Strike
Federal Reserve Bank of Chicago President Austan Goolsbee discusses the path of Fed policy, what a potential UAW strike could mean for the economy and the current level of mortgage rates with Mike McKee on the sidelines of the Federal...
Bloomberg
Fed's Mester on Inflation, Economy, Mortgage Rates
Federal Reserve Bank of Cleveland President Loretta Mester discusses the Fed's efforts to lower inflation, outlook for the US economy, and the impact of monetary policy on mortgage rates. She speaks with Mike McKee on the sidelines of...
Bloomberg
Federal Reserve Leaders Speak in Jackson Hole
In his annual address at the Jackson Hole economic symposium, Federal Reserve Chair Jerome Powell said the US central bank is prepared to raise interest rates further to reach its 2% inflation target. Bloomberg guests weighed in on their...
Bloomberg
Tarullo: We May See Some Regional Banks Atrophy
Daniel Tarullo, Former Federal Reserve Board Governor tells us what might happen if some regional banks start to atrophy. He also says that current risk analysis of G-SIBS no longer serve the purpose of gauging financial stability.
Bloomberg
Too Early to Declare Inflation Victory: Esther George
Former Federal Reserve Bank of Kansas City President Esther George says the Fed has to wait and see whether they have done enough to curb inflation. She speaks with Mike McKee on the sidelines of the Federal Reserve Bank of Kansas City's...
Bloomberg
Powell Says Fed Prepared to Raise Rates, Keep Them High
Federal Reserve Chair Jerome Powell delivers the keynote address at the Kansas City Fed's annual policy forum in Jackson Hole, Wyoming. Powell says the Fed is prepared to raise rates further if appropriate.
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Bloomberg
Harker Says Fed Won't Cut Rates Until at Least 2024
Federal Reserve Bank of Philadelphia President Patrick Harker favors allowing the Fed's current restrictive policy to "keep the pressure on" to get inflation down to its target. He speaks on the sidelines of the Federal Reserve Bank of...
Bloomberg
South Africa's Kganyago: Job 'Not Yet Done' on Inflation
South African Reserve Bank Governor Lesetja Kganyago says the central bank's efforts to reduce inflation are "not yet done," aiming to bring the rate back to the 4.5% midpoint of its target range. He speaks from the sidelines of the...
Bloomberg
Fed's Harker on Inflation, Rate Policy and Balance Sheet
Federal Reserve Bank of Philadelphia President Patrick Harker discusses the outlook for monetary policy and the Fed's approach to its balance sheet. He speaks with Bloomberg Television on the sidelines of the Federal Reserve Bank of...
Bloomberg
Powell: We Will Keep at It Until the Job Is Done
Federal Reserve Chair Jerome Powell says "We will need price stability to achieve a sustained period of strong labor market conditions that benefit all. We will keep at it until the job is done." He spoke at the Federal Reserve Bank of...
Bloomberg
Powell Says Fed Is Prepared to Raise Rates Further
"Additional evidence of persistently above-trend growth could put further progress on inflation at risk and could warrant further tightening of monetary policy," Federal Reserve Chair Jerome Powell says at the Federal Reserve Bank of...
Bloomberg
Summers Says Fed May Need to Raise Rates 'Once or More'
"My guess is that you may see the Fed funds rate have to go up once, or even more than that, over the next few months," former US Treasury Secretary Lawrence Summers says on Bloomberg Television's Wall Street Week with David Westin.
Bloomberg
Jacob Frenkel: Fed Has Done a 'Spectacularly Good Job'
Jacob Frenkel, former governor of the Bank of Israel who was also chair of JPMorgan Chase International, discusses the state of the global economy, and policies of central banks including the Federal Reserve. Frenkel, chairman emeritus...
Bloomberg
Bond Traders Obsessing Over R* Gauge Before Jackson Hole
An abstract interest-rate metric has become the hot topic among bond traders ahead of Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium. Ruth Carson reports on Bloomberg Television.
Bloomberg
Bank of Thailand Getting Closer on Where it Wants to Be on Rates: Governor
Bank of Thailand Governor Sethaput Suthiwartnarueput says the central bank is getting closer to where it wants to be on interest rates. Sethaput also says he's on watch for policy indications from the new government. He spoke exclusively...
Bloomberg
MIT Professor Forbes on Expectation From Jackson Hole
Kristin Forbes, Professor at MIT's Sloan School of Management, discusses her outlook for the economy and policy ahead of Federal Reserve Chair Jerome Powell's speech from Jackson Hole Wyoming. She speaks with Shery Ahn and Haidi...
Bloomberg
JPMorgan Says It's a Good Time to Buy Bonds
Iain Stealey, international chief investment officer for fixed income at JPM AM, says if you missed the bond rally earlier this year, now is a good time to come back in. He speaks to Bloomberg's Manus Cranny.
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Bloomberg
Bullard Says Reaccelerating US Economy Could Delay Fed Policy Shift
Former Federal Reserve Bank of St. Louis President James Bullard says a "reacceleration" in US economic growth this summer could delay plans for the Fed to end its interest-rate increases. He speaks on "Bloomberg Surveillance."
Bloomberg
Jobless Claims Fall to Lowest Level in Three Weeks
Initial jobless claims decreased by 10,000 to 230,000 in the week ended Aug. 19, according to Labor Department data out Thursday. The median estimate in a Bloomberg survey of economists called for 240,000 applications. Mike McKee breaks...
Bloomberg
Turkey's Lira Rallies After Jumbo Rate Hike
The lira extended its rally to over 6% against the US dollar after the Turkish central bank raised interest rates far more than expected on Thursday. Turkey raising its benchmark one-week repo rate to 25% from 17.5%. Bloomberg's Onur Ant...
Bloomberg
BNP's Robson Expects Rates to Stay Higher-for-Longer
Meghan Robson, BNP Paribas head of US credit strategy, doesn't expect Federal Reserve Chair Jay Powell to talk about major policy shift at the annual symposium in Jackson Hole. Robson says on "Bloomberg The Open," that she expects "rates...
Bloomberg
'Buy the Pullback' in AI Stocks, iCapital's Amoroso Says
Anastasia Amoroso, iCapital chief investment strategist, suggests investors "buy the pullback" in some artificial intelligence related equities as the US economy shows continued strength. "You've got stocks in the AI beneficiary basket...