Bloomberg
Sonders: Conditions for a Fed Rate Cut Don't Exist
Liz Ann Sonders, chief investment strategist at Charles Schwab, says conditions for a Federal Reserve interest rate cut this month don't exist. She's on "Bloomberg Markets: The Close."
Follow Bloomberg for business news & analysis,...
Bloomberg
Fed's Bullard Resigns to Lead Purdue Business School
Federal Reserve Bank of St. Louis President James Bullard, who called for aggressive interest-rate hikes to fight the recent inflation surge, has resigned after 15 years in the position. He will lead the School of Business at Purdue...
Bloomberg
Richard Bernstein: It's Too Early to Price In Fed Cuts
"The jury should stay out on whether the Fed is done or not," Richard Bernstein Advisors CEO and CIO Richard Bernstein says. Speaking with Jonathan Ferro on "Bloomberg The Open," Bernstein also says he sees a lot of attractive...
Bloomberg
Fed, Market Narrative to Change Towards Growth: Apollo's Slok
Torsten Slok, chief economist at Apollo Global Management, says inflation remains at levels too high for comfort for the Federal Reserve and that "a default cycle has started" for consumers and corporates. He speaks on "Bloomberg...
Bloomberg
Yum China, TSMC, SK Hynix Favored, Thornburg Says
Jeff Klingelhofer, co-head of investments at Thornburg Investment Management, discusses Federal Reserve policy and the upcoming US inflation report, the implications for financial markets, and the opportunities he sees. He speaks with...
Bloomberg
US Getting Back to Non-Stimulative Era Economy: Schneider
"We're getting back to an economy, and central bank policies that are reflective of an non-stimulative era." Jerome Schneider, head of short-term portfolio management & funding at Pimco, discusses Federal Reserve policy and his...
Bloomberg
Senator Warren on Fed Policy, Banking Industry, Military
US Senator Elizabeth Warren discusses Federal Reserve Chairman Jerome Powell, the banking industry and the readiness of the US military. She speaks exclusively on Bloomberg Television.
Bloomberg
Inflation Is the Critical Variable for Markets: McIntyre
"Inflation is the critical variable for markets." Jack McIntyre, portfolio manager at Brandywine Global, discusses US inflation, his investment strategy and his outlook for bonds. He speaks on Bloomberg Television.
Bloomberg
Bank of Canada Needs to 'Stay the Course,' Macklem Says
The Bank of Canada raised interest rates for a second straight meeting, keeping the door open for more hikes as it pushed back inflation's return to its 2% target. Governor Tiff Macklem says policymakers need "stay the course."
Follow...
Bloomberg
Market Expectations Not Adapting to Reality: PGIM's Tipp
"We're having a failure of expectations to adapt to reality," PGIM Fixed Income Chief Investment Strategist Robert Tipp says, Speaking during an interview with Jonathan Ferro on "Bloomberg The Open," Tipp also says he sees a "productive"...
Bloomberg
Fed's Kashkari: Banks Must Be Prepared for Higher Rates
"If inflation proves to be more entrenched than expected, policy rates might need to go higher," Federal Reserve Bank of Minneapolis President Neel Kashkari says at a National Bureau of Economic Research event.
Follow Bloomberg for...
Bloomberg
US Inflation Decelerates, Core CPI Up Less Than Forecast
The CPI rose 3% last month from a year ago, according to data out Wednesday from the Bureau of Labor Statistics. Core CPI advanced 4.8%, the lowest since late 2021 but still well above the Fed's target. Mike McKee breaks down the numbers...
Bloomberg
Fed Is Fighting a Battle It Has Already Won: JPM's Kelly
JPMorgan Asset Management Chief Global Strategist David Kelly warns the US labor market will eventually crack and disinflation is everywhere. Speaking on "Bloomberg Surveillance," Kelly also says that when the Federal Reserve starts to...
Bloomberg
Bill Dudley Says CPI Could Make July Last Fed Rate Hike
Former Federal Reserve Bank of New York President and Bloomberg Opinion columnist Bill Dudley says the Federal Reserve "should be pretty cheered by" the US June CPI report, but it won't stop them from hiking interest rates in July. He...
Bloomberg
The US Dollar Has Peaked, Marc Chandler Says
Marc Chandler of Bannockburn Global says the US dollar has peaked. He's on "Bloomberg Markets."
Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Connect...
Bloomberg
Daly Says 'Couple More' Fed Rate Hikes Are Likely Needed
"One of the surprising things about the economy is just how much momentum it continues to have," Federal Reserve Bank of San Francisco President Mary Daly says during a Hutchins Center on Fiscal and Monetary Policy at Brookings...