Bloomberg
South Africa's Kganyago: Job 'Not Yet Done' on Inflation
South African Reserve Bank Governor Lesetja Kganyago says the central bank's efforts to reduce inflation are "not yet done," aiming to bring the rate back to the 4.5% midpoint of its target range. He speaks from the sidelines of the...
Bloomberg
Fed's Harker on Inflation, Rate Policy and Balance Sheet
Federal Reserve Bank of Philadelphia President Patrick Harker discusses the outlook for monetary policy and the Fed's approach to its balance sheet. He speaks with Bloomberg Television on the sidelines of the Federal Reserve Bank of...
Bloomberg
Christina Romer on US Economy, Inflation, Fed
Council of Economic Advisers former Chair, Christina Romer, says Inflation is going down and the economy so far is holding up. She spoke, prior to Jay Powell's speech, with Tom Keene, Jonathan Ferro and Lisa Abramowicz, on a special...
Bloomberg
Janice Eberly on Fed Policy, US Debt, Inflation
Kellogg School of Management Professor of Finance and US Treasury former Assistant Secretary for Economic Policy, Janice Eberly, discusses Fed policy and US debt with Tom Keene, Jonathan Ferro and Lisa Abramowicz, on a special edition of...
Bloomberg
Powell Says Fed Is Prepared to Raise Rates Further
"Additional evidence of persistently above-trend growth could put further progress on inflation at risk and could warrant further tightening of monetary policy," Federal Reserve Chair Jerome Powell says at the Federal Reserve Bank of...
Bloomberg
Summers Says Fed May Need to Raise Rates 'Once or More'
"My guess is that you may see the Fed funds rate have to go up once, or even more than that, over the next few months," former US Treasury Secretary Lawrence Summers says on Bloomberg Television's Wall Street Week with David Westin.
Bloomberg
Jacob Frenkel: Fed Has Done a 'Spectacularly Good Job'
Jacob Frenkel, former governor of the Bank of Israel who was also chair of JPMorgan Chase International, discusses the state of the global economy, and policies of central banks including the Federal Reserve. Frenkel, chairman emeritus...
Bloomberg
Bond Traders Obsessing Over R* Gauge Before Jackson Hole
An abstract interest-rate metric has become the hot topic among bond traders ahead of Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium. Ruth Carson reports on Bloomberg Television.
Bloomberg
JPMorgan Says It's a Good Time to Buy Bonds
Iain Stealey, international chief investment officer for fixed income at JPM AM, says if you missed the bond rally earlier this year, now is a good time to come back in. He speaks to Bloomberg's Manus Cranny.
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Bloomberg
Bullard Says Reaccelerating US Economy Could Delay Fed Policy Shift
Former Federal Reserve Bank of St. Louis President James Bullard says a "reacceleration" in US economic growth this summer could delay plans for the Fed to end its interest-rate increases. He speaks on "Bloomberg Surveillance."
Bloomberg
Jobless Claims Fall to Lowest Level in Three Weeks
Initial jobless claims decreased by 10,000 to 230,000 in the week ended Aug. 19, according to Labor Department data out Thursday. The median estimate in a Bloomberg survey of economists called for 240,000 applications. Mike McKee breaks...
Bloomberg
What S&P's PMI Report Signals for the ECB and Fed
S&P Global Market Intelligence Chief Business Economist Chris Williamson discusses the key takeaways from the S&P's August PMI report with Guy Johnson and Alix Steel on "Bloomberg Markets."
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Bloomberg
US Downgrade Had Muted Impact on Munis: Truist's Hughey
Chip Hughey, Truist managing director of fixed income, discusses the potential impact of the US credit downgrade and Federal Reserve monetary policy on the municipal bond market with Sonali Basak and Scarlet Fu on "Bloomberg Markets: The...
Bloomberg
Fed Has Already Gone Too Far: Kayne Anderson's Rabil
"We're in for a rough road ahead," Kayne Anderson Capital Advisors CEO Al Rabil says. Speaking on "Bloomberg Markets: The Close," Rabil also comments on the private credit market.
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Bloomberg
Kayne Anderson's Rabil on Rates, Banks, Private Credit
Kayne Anderson Capital Advisors CEO Al Rabil discusses the outlook for the US economy, private capital and regional banks on "Bloomberg Markets: The Close."
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Bloomberg
Fed Will Keep Rates at a Plateau, Vincent Reinhart Says
Vincent Reinhart, Dreyfus & Mellon chief economist and macro strategist, says the Federal Reserve is waiting for the lag effects of monetary policy to play through and won't be cutting as early as most think during an interview with Lisa...
Bloomberg
Fidelity Says Bond Market Is Increasingly Becoming Attractive
"We haven't seen real yields this positive in a very, very long time. So that definitely means that the bond market is increasingly becoming attractive." George Efstathopoulos, portfolio manager at Fidelity International, discusses...
Bloomberg
State Street Favors US Stocks, 'Cautious' on Asia
Lori Heinel, global chief investment officer at State Street Global Advisors, shares her view on financial markets, Federal Reserve policy and the US economy. She also discusses the outlook for China's economy and the implications for...
Bloomberg
Fed Will Hold to 2% Inflation Target, Claudia Sahm Says
Claudia Sahm, founder of Sahm Consulting and a former Federal Reserve economist, previews the Kansas City Fed's Jackson Hole Economic Symposium this week on "Bloomberg Surveillance."
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Bloomberg
Argentina's Milei on Dollarization, Central Bank, China
Argentina will take to the polls October 22 for the first round of voting in its general elections. Candidate for president of Argentina Javier Milei spoke to Bloomberg in wide-ranging interview on August 16. (This has been translated...
Bloomberg
El-Erian on Markets, Economy and Powell at Jackson Hole
Mohamed El-Erian, a Bloomberg Opinion columnist, discusses what's behind the recent moves in equity and bond markets, the state of the US and Chinese economies, and the outlook for Federal Reserve Chair Jerome Powell's speech at the...
Bloomberg
Grantham Sees a US Recession Running Deep Into Next Year
Jeremy Grantham, co-founder of the Boston-based investment firm Grantham Mayo Van Otterloo (GMO), predicts a US recession "running perhaps deep into next year." Grantham says we have entered a period of "moderately higher inflation."...
Bloomberg
El-Erian: Too Early to Make Fed Rate Call for September
"This is structurally a very different global economy and that's a problem," Mohamed El-Erian, a Bloomberg Opinion columnist, says. Speaking with Jonathan Ferro on "Bloomberg The Open," El-Erian also says the recent moves in equities and...
Bloomberg
Fed Minutes Show Officials Aren't Ruling Out More Hikes
"Most participants continued to see significant upside risks to inflation, which could require further tightening of monetary policy," according to minutes of the US central bank's July 25-26 policy meeting published Wednesday in...