Bloomberg
Bank of England Decision Due: Another 50-Bp Rate Hike or 25-Bp?
The Bank of England is likely to boost interest rates again on Thursday. Economists and investors anticipate the benchmark lending rate will rise at least a quarter-point to 5.25%, with a strong chance of a bigger half-point increase...
Bloomberg
Societe Generale on China Economic Recovery
Wei Yao, head of research & chief economist for Asia Pacific at Societe Generale, shares what challenges China's economy faces in its recovery ahead of the release of August economic data. She speaks with Bloomberg's Haidi Stroud-Watts...
Bloomberg
Core CPI Ran at Faster-Than-Expected Pace in August
The so-called core consumer price index advanced 0.3% from July, the first acceleration in six months, Bureau of Labor Statistics data showed. Mike McKee reports on "Bloomberg Surveillance."
Follow Bloomberg for business news &...
Bloomberg
Too Soon to Say We're in Stagflation Framework, EU's Gentiloni Says
While it's economy is weakening, Europe isn't suffering from so-called stagflation, according to European Commissioner Paolo Gentiloni. "It's too soon to say that we're in a stagflation framework," Gentiloni, who's responsible for...
Bloomberg
Fed May Still Have to Do More for US Economy: Gruenwald
"Although the base line is for a soft landing, the risk is that the Federal Reserve may have to do more." Paul Gruenwald, global chief economist at S&P Global Ratings, discusses the US economy, the risks he's been seeing and his outlook...
Bloomberg
BOE's Bailey: Fuel Prices May Cause Inflation to Tick Up
Bank of England Governor Andrew Bailey says he sees a very weak growth path for the UK economy during testimony before the UK Parliament Treasury Committee.
Follow Bloomberg for business news & analysis, up-to-the-minute market data,...
Bloomberg
Sugar Jumps to 11-Year High as Top Trader Sees Shortages
Sugar has surged to the highest in more than a decade. Alvean, the world's largest trader of the commodity, forecast another year of shortages. Ben Sharples reports on Bloomberg Television.
Bloomberg
How the Saudi Oil Output Cut Impacts Markets
Saudi Arabia prolonged its unilateral oil production cut by another three months. Julia Fanzeres has more on what this could mean for markets on "Bloomberg Markets: The Close."
Follow Bloomberg for business news & analysis,...
Bloomberg
US Companies Add the Fewest Jobs Since March
Private payrolls rose by 177,000 in August following an upwardly revised 371,000 increase in the prior month, according to figures published Wednesday by the ADP Research Institute. Michael McKee has the details on Bloomberg Television.
Bloomberg
New Zealand First-Time Homebuyers Seize Brief Window
New Zealand's home-building approvals fell 5.2% month-on-month in July versus revised increase of 3.4% in June. Meanwhile, the country's slump in house price has given first-time homebuyers a welcomed leg up in their quest to purchase a...
Bloomberg
Allianz GI: China Likely To Take 'Middle Path' Growth Model
Allianz Global Investors Senior Economist, Asia Pacific, Christiaan Tuntono thinks the Chinese government is likely to take a 'middle-path' to progressively shift its growth model. He speaks with Haslinda Amin and Rishaad Salamat on...
Bloomberg
Unemployment to Be Around 4% Next Year: ADP's Richardson
ADP Chief Economist Nela Richardson says US payrolls are "solid but fragmented" during an interview on the sidelines of the Federal Reserve Bank of Kansas City's annual economic policy symposium in Jackson Hole, Wyoming.
Follow...
Bloomberg
ECB's Centeno on Inflation, Policy, China
European Central Bank Governing Council member Mario Centeno discusses the ECB's efforts to reduce inflation, monetary policy, and China's economy on "Bloomberg Markets."
Bloomberg
Deficit Spending Will be Focus of Election Debates Robson Says
Meghan Robson, BNP Paribas head of US credit strategy, says the federal government's deficit spending will take center stage in political debates. She speaks on "Bloomberg The Open" along with Erik Nelson, Wells Fargo macro strategist....
Bloomberg
Nvidia Earnings: What to Watch for
Nvidia Corp., the chipmaker which has added more than $370 billion in market value since its last update, is reporting results after the bell Wednesday that could set the tone for global stock markets for the rest of the year. Bloomberg...
Bloomberg
JPM's Kelly Says US Inflation to Hit 2% Without Fed's Help
JPMorgan Asset Management Chief Global Strategist David Kelly sees "promises of disinflation" in August's core CPI report, and predicts that inflation will fall to 2% "with or without any help from the Fed," on "Bloomberg Surveillance."
Bloomberg
Emkay Global: RBI May Revise FY24 CPI Estimates Upwards
Emkay Global Lead Economist Madhavi Arora says the Reserve Bank will likely revise its FY24 CPI estimates upwards. She speaks with Yvonne Man and Rishaad Salamat on "Bloomberg Markets: Asia".
Bloomberg
What to Expect From the July Jobs Report
The US economy is expected to have added 200,000 jobs in July. The report comes out Aug. 4. Bloomberg's Michael McKee has a preview.
Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and...
Bloomberg
US GDP Growth Unexpectedly Rose in Second Quarter
Gross domestic product rose at a 2.4% annualized rate after a 2% pace in the previous three months. US jobless claims fell further and the core PCE price index was below expectations. Mike McKee has the numbers on "Bloomberg...
Bloomberg
Nomura's Kiuchi on BOJ Policy, Economy
Takahide Kiuchi, Executive Economist at the Nomura Research Institute, discusses his outlook for Japan's economy ahead of the Bank of Japan policy decision. He speaks with Haidi Stroud-Watts and Kathleen Hays on "Bloomberg Daybreak:...
Bloomberg
Strategist Amoroso Sees 2% Real Inflation Rate in 2024
"We're likely to get toward a 2% real rate, given the forecast we have today, at some point in 2024," Anastasia Amoroso, iCapital's chief investment strategist, says on "Bloomberg Surveillance: The Fed Decides."
Follow Bloomberg for...
Bloomberg
Making Sense of China's Economy
Betty Wang, senior China economist at ANZ, discusses the moves in the yuan, China's GDP and her outlook for the economy. She speaks on Bloomberg Television.
Bloomberg
Delta Lifts Profit Forecast on Global Travel Rebound
Delta Air Lines Inc. boosted its full-year profit expectations for the second time in three weeks as a rebound in international travel promises to keep planes packed through and beyond the summer season. Bloomberg Intelligence's George...
Bloomberg
Daimler Truck CEO Isn't Afraid of the Transition to Electric Vehicles
Martin Daum, Daimler Truck CEO, says he isn't afraid of the transition to electric vehicles. The Germany manufacturer just announced a $2.2 billion share buyback. He speaks on "Bloomberg Markets."
Follow Bloomberg for business news &...