Bloomberg
Hutchinson Says He Would Fire Fed Chair Powell
Long-shot Republican presidential contender Asa Hutchinson said he would replace Federal Reserve Chairman Jerome Powell because the central bank chief has damaged the US economy by aggressively raising interest rates. He spoke...
Bloomberg
Fed Is Done Hiking Rates: Morgan Stanley's Tirupattur
Vishwanath Tirupattur, Morgan Stanley US fixed income research head, says there is a challenging economic environment ahead for the Federal Reserve during an interview with Jonathan Ferro on "Bloomberg The Open."
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Bloomberg
Fed Will Double 2023 GDP Forecast, TPW's Pelosky Says
TPW Advisory Principal and founder Jay Pelosky says his firm is bullish on the US economy, expecting the Federal Reserve to raise its GDP forecast for 2023 next week and sees "growth to continue to develop" in 2024. He speaks on...
Bloomberg
BlackRock Doesn't See Major Shift by Bank of Japan Any Time Soon
Thomas Taw, head of Asia Pacific iShares investment strategy at BlackRock, discusses policies of central banks in Japan, the US, China, and the implications for financial markets. Bank of Japan Governor Kazuo Ueda told a local newspaper...
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
JPM's Kelly: Fed Would Be 'Unwise' to Hike on Hot ISM Report
"The Fed would be very unwise to raise rates again just because of a short term spike in enthusiasm in the service sector," JPMorgan Asset Management Chief Global Strategist David Kelly says on "Bloomberg Markets: The Close."
Bloomberg
Citizens CEO on US Economy, SEC Proposals, Bank Mergers
Citizens Financial Group CEO Bruce Van Saun says US consumers are in good shape and the Federal Reserve has probably done enough. Speaking with Alix Steel and Guy Johnson on "Bloomberg Markets," Van Saun also comments on the recent bank...
Bloomberg
September Sees Flurry of Debt Deals
lobal debt markets are bursting with new deals as September kicks off, with investment-grade companies rushing to lock in borrowing costs before central bankers can raise them further. Bloomberg's Josyana Joshua reports.
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Bloomberg
Fed's Mester: Inflation Too High, Jobs in Better Balance
"Although there has been some progress, inflation remains too high and the FOMC is committed to moving inflation down to 2 percent," Federal Reserve Bank of Cleveland President Loretta Mester says at a research conference hosted by the...
Bloomberg
BNP Paribas: Moved Away From Chinese Banks Into Insurers
Manishi Raychaudhuri. Asia Pacific equity strategist at BNP Paribas, shares his views on Chinese stocks, the economy and the real estate market. He also discusses Federal Reserve policy and its market implications. He speaks with Haidi...
Bloomberg
Blinder: Less Than 50% Chance Fed Is Done Raising Rates
Former Federal Reserve Vice Chair Alan Blinder says there's a "reasonable chance" the Federal Reserve is done raising rates during an interview with Vonnie Quinn and Katie Greifeld on "Bloomberg Markets: The Close."
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Bloomberg
Key US Inflation Measures Rise as Jobless Claims Decline
BREAKING: The core PCE price index rose 0.2% in July. US jobless claims fall to 228,000 in the week ended Aug. 26. Mike McKee reports on "Bloomberg Surveillance."
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Bloomberg
Bridgewater's Karniol-Tambour Doesn't See Fed Rate Cuts Anytime Soon
Bridgewater Co-Chief Investment Officer Karen Karniol-Tambour says the Federal Reserve may be slower to cut rates than many market participants expect. This interview for "Bloomberg Wealth with David Rubenstein" was recorded August 30th...
Bloomberg
10-Year Treasury a 'Screaming Buy,' Says BMO's Lyngen
Ian Lyngen, head of US rates strategy at BMO Capital Markets, says 10-year US Treasuries are a "screaming buy," expecting nominal yields to fall as the Federal Reserve attempts to meet its inflation target. He speaks on "Bloomberg...
Bloomberg
Markets Closer to Inflection Point, Apollo's Slok Says
Apollo Management Partner and Chief Economist Torsten Slok says the markets are getting closer to a point where the Fed funds rate will peak and rates will move sideways during an interview with Dani Burger and Alix Steel on "Bloomberg...
Bloomberg
Bar Is High for Fed Rate Hike, Wells Fargo's Bryson Says
Wells Fargo Chief Economist Jay Bryson says markets have been "very accommodative" recently during an interview with Tom Keene and Kailey Leinz on "Bloomberg Surveillance."
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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
Macropolicy Perspectives President on Central Banks, Housing, Labor, Bond Markets
Macropolicy Perspectives President and Founder, Julia Coronado, discusses central banking, the housing market, labor market and bond market. She speaks with Tom Keene, Jonathan Ferro and Lisa Abramowicz, on a special edition of...
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
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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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...