Bloomberg
Mark Carney Expects Another Fed Rate Hike This Year
Mark Carney, the former Bank of England governor, said he expects the US Federal Reserve to raise interest rates again before the end of the year to help curb inflation. Carney spoke in an interview for "The David Rubenstein Show: Peer...
Bloomberg
JPMorgan CEO Jamie Dimon on Tech IPOs, AI, 8% Interest Rates
JPMorgan Chase Chairman and CEO Jamie Dimon comments on the health of the technology IPO pipeline, calls AI "a living, breathing thing," and explains his confidence in the firm being prepared to handle a potential worst-case scenario of...
Bloomberg
OCBC's Menon Sees US Recession in First Half of 2024
"We see a recession in the US probably sometime in the first half of next year." Vasu Menon, managing director of investment strategy at OCBC Bank, discusses Federal Reserve policy and the implications for markets. He speaks on...
Bloomberg
Markets Don't Seem Worried About Shutdown, Slok Says
Torsten Slok, Apollo Global Management chief economist, says markets don't seem too worried about a government shutdown. But he says a prolonged shutdown could have ripple effects on the economy. He's on "Bloomberg Markets."
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Bloomberg
Shutdown Deja Vu
Michael McKee, Bloomberg International Economics and Policy Correspondent takes us through history to look at other times the government has shut down and explains this time is different.
Bloomberg
Sharma: Will See Foreign Interest in US Investment Decline In This Decade
Ruchir Sharma, Rockefeller International Chairman explains why the decades-long expansion of the US deficit could lead to decreased investor interest in US markets.
Bloomberg
Coming Around to Higher-for-Longer
Rebecca Patterson, Former Bridgewater Chief Investment Strategist says markets are coming to terms with higher-for-longer. She also explains what the Fed needs to achieve a soft landing.
Bloomberg
US Core PCE Rises at Slowest Monthly Pace Since Late 2020
The core personal consumption expenditures price index, which strips out the volatile food and energy components, rose 0.1% in August, the slowest monthly pace since late 2020, while consumer spending and income both saw a gain of 0.4%....
Bloomberg
Northern Trust's Tannenbaum on US Shutdown
Carl Tannenbaum, chief economist at Northern Trust, discusses the looming US government shutdown and the economic implications. He speaks with Bloomberg's Paul Allen and Shery Ahn on "Bloomberg Daybreak: Australia."
Bloomberg
Manulife Investment Mgmt: China Cyclical Rebound Within Reach
Manulife Investment Mgmt Co-Head of Global Macro Strategy Sue Trinh says China's growth slowdown is largely structural, but cyclical rebound is within reach. She speaks with Rishaad Salamat on "Bloomberg Markets: Asia".
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
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".