News Clip9:37
Bloomberg

Summers Favors a 25 BPS Hike

Higher Ed
Former US Treasury Secretary Lawrence H. Summers tells us why he believes a 25 basis-point move would be favorable and cautions US regulators from moving too strongly against regional banks.
News Clip4:46
Bloomberg

Raposo: Financial Stability Is Key for Inflation

Higher Ed
Bank of Portugal Vice Governor Clara Raposo discusses how economies can keep prices under control. She spoke with Bloomberg's Guy Johnson and Alix Steel on March 22, 2023.
News Clip6:07
Bloomberg

We're at the Beginning of Bank Instability, Greene Says

Higher Ed
Megan Greene, global chief economist for the Kroll Institute, says consumer confidence is holding up despite instability in the banking industry. She speaks on "Bloomberg Markets." Follow Bloomberg for business news & analysis,...
News Clip7:23
Bloomberg

Nouriel Roubini Warns of Crashes, High Rate 'Megathreat'

Higher Ed
Nouriel Roubini, CEO at Roubini Macro Associates, explains the "megathreat" he sees from higher interest rates, why he expects an economic and financial crash, and US labor market issues. He speaks from Cernobbio, Italy on "Bloomberg...
News Clip3:46
Bloomberg

Thornburg's Hoffmann on Markets

Higher Ed
Christian Hoffmann, Portfolio Manager at Thornburg Investment Management, discusses his outlook for the bond markets and investment strategies. He speaks with David Ingles and Yvonne Man on "Bloomberg Markets: China Open".
News Clip2:03
Bloomberg

'The Great Inflation' Isn't Over, Vincent Reinhart Warns

Higher Ed
"We can't declare victory yet" on inflation, Dreyfus & Mellon Chief Economist Vincent Reinhart says during an interview with Tom Keene and Lisa Abramowicz on "Bloomberg Surveillance." Follow Bloomberg for business news & analysis,...
News Clip1:27
Bloomberg

Fed's Daly Says More Rate Hikes May Not Be Needed

Higher Ed
"There are good reasons to think that policy may have to tighten more to bring inflation down but there are also good reasons to think that the economy may continue to slow," Federal Reserve Bank of San Francisco President Mary Daly says...
News Clip7:10
Bloomberg

Fed's Powell Says Banking-Sector Conditions Have 'Broadly Improved'

Higher Ed
Federal Reserve Chairman Jerome Powell speaks about the decision by the Fed's policy-setting Federal Open Market Committee to raise its benchmark interest rate by a quarter of a percentage point. Follow Bloomberg for business news &...
News Clip8:35
Bloomberg

Fed's Powell Says Some Additional Policy Firming May Be Appropriate

Higher Ed
Federal Reserve Chairman Jerome Powell speaks about the decision by the Fed's policy-setting Federal Open Market Committee to raise its benchmark interest rate by a quarter of a percentage point. Follow Bloomberg for business news &...
News Clip1:26:31
Bloomberg

Powell, Draghi, Kuroda, Lowe Speak at ECB Forum

Higher Ed
Jun.20 -- Federal Reserve Chairman Jerome Powell, European Central Bank President Mario Draghi, Bank of Japan Governor Haruhiko Kuroda and Reserve Bank of Australia Governor Philip Lowe speak on a panel at the ECB's Central Banking Forum...
News Clip13:57
Bloomberg

Fed's Daly on Rate Hikes, Inflation, Policy Coordination

Higher Ed
Federal Reserve Bank of San Francisco President Mary Daly says she doesn't expect interest rates to come down next year. Speaking with Mike McKee on "Bloomberg Markets," Daly also discusses current inflation levels and her views on...
News Clip13:24
Bloomberg

Mester: Federal Reserve Should Stick to Balance Sheet Runoff Plan

Higher Ed
Federal Reserve Bank of Cleveland President Loretta Mester discusses the central bank's policy and the outlook for the US economy. Earlier, she said in a speech to The Economic Club of New York that officials need to keep raising...
News Clip13:29
Bloomberg

Merrill's Sieg on Bullish Outlook, Client Allocation

Higher Ed
Merrill Wealth Management President Andy Sieg explains why he is "incredibly bullish" on markets for the medium- and long-term. Speaking on "Bloomberg Markets: The Close," Sieg also discusses where clients are investing and says there is...
News Clip18:40
Bloomberg

Draghi: ECB Can't be Sanguine Over the Economic Outlook

Higher Ed
November 18 -- European Central Bank President Mario Draghi gives his outlook on the European economy in speech in Frankfurt. “Even if there are many encouraging trends in the euro-area economy, the recovery remains highly reliant on a...
News Clip13:04
Curated Video

Federal Reserve Attacks Inflation With Another Big Hike, Expects More

Higher Ed
The central bank raised its key short-term rate by a substantial three-quarters of a point for the third consecutive time.
News Clip7:15
Bloomberg

FOMC Sees Ongoing Rate Hikes as 'Appropriate': Powell

Higher Ed
Federal Reserve Chairman Jerome Powell speaks about the decision by the Fed's policy-setting Federal Open Market Committee to raise its benchmark interest rate  by a quarter percentage point.
News Clip5:19
Bloomberg

IMF's Georgieva on UK Policies, Fed and Inflation Risk

Higher Ed
IMF Managing Director Kristalina Georgieva says financial stability risks are rising but inflation is still the top worry. She speaks with Tom Keene on "Bloomberg The Open."
News Clip8:01
Bloomberg

Powell: Fed Seeks Return to 'Sufficiently Restrictive' Rates

Higher Ed
Federal Reserve Chairman Jerome Powell speaks about the decision by the Fed's policy-setting Federal Open Market Committee to raise its benchmark interest rate by three-quarters of a percentage point.
News Clip1:25
Bloomberg

Fed's Daly Calls Inflation a 'Corrosive Disease'

Higher Ed
Federal Reserve Bank of San Francisco President Mary Daly says inflation is a "corrosive disease, it is a toxin that erodes the real purchasing power of people." She spoke during a discussion at the Council on Foreign Relations in New...
News Clip9:33
Bloomberg

Biden Adviser Boushey Says Covid Has Caused Inflaiton

Higher Ed
U.S. Council of Economic Advisers Member Heather Boushey says the Covid-19 pandemic is to blame for inflation. She also talks about fixing supply chain issues, infrastructure and President Joe Biden's selections for Federal Reserve...
News Clip3:18
Bloomberg

Lagarde Says `Highly Accommodative Policy' Is Warranted by ECB

Higher Ed
Sep.04 -- Incoming European Central Bank President Christine Lagarde pledged to act with “agility” against what she described as inflation that is persistently too low, signaling that she intends to follow Mario Draghi’s example in keep...
News Clip4:28
Bloomberg

Former Fed Official Stern on Fed Communication

Higher Ed
Sept. 9 -- Gary Stern, former President of the Federal Reserve Bank of Minneapolis, discusses Federal Reserve communication, why the Fed should declare victory, and the effect on growth of a gradual interest rate hike. He speaks on...
News Clip4:58
Bloomberg

New Zealand's Makhlouf on Election, RBNZ, Interest Rates

Higher Ed
Sep.14 -- New Zealand Treasury Secretary Gabriel Makhlouf discusses the New Zealand election, the possibility of an RBNZ revamp and interest rates. He speaks on "Bloomberg Markets: Asia" from the Milken Asia Summit in Singapore.
News Clip14:01
Bloomberg

SARB's Kganyago on Inflation, Monetary Policy, IMF

Higher Ed
Jun.01 -- South African Reserve Bank Governor Lesetja Kganyago discusses the outlook for inflation, monetary policy and his view that the International Monetary Fund needs to be adequately resourced on a long-term basis. He speaks with...