Bloomberg
Biden Urges Both Chambers to Pass Debt Agreement
President Joe Biden urged both chambers of Congress to pass the legislation after he and House Speaker Kevin McCarthy reached an agreement to avert a historic US default.
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Bloomberg
What Does Biden-McCarthy Debt Agreement Mean for Markets?
Shane Oliver, head of investment strategy and chief economist at AMP, discusses what the deal between President Joe Biden and House Speaker Kevin McCarthy on the US debt ceiling means for financial markets. He speaks with Paul Allen and...
Bloomberg
Yellen Estimates Debt Measures Will Run Out by June 5
Treasury Secretary Janet Yellen said her department estimates it will run out of funding by June 5 if lawmakers fail to raise or suspend the US debt ceiling. Kailey Leinz has more on "Beyond the Bell."
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Hoagland on Debt Limit X-Date: There's No Perfect Estimate
Bill Hoagland, Senior Vice President at the Bipartisan Policy Center, discusses his workflow on how he reached the same estimate as US Treasury Secretary Janet Yellen on the potential June 1st Debt Ceiling X-Date. Hoagland also talks...
Bloomberg
ANZ Bank's Zollner on RBNZ Preview
Sharon Zollner, Chief New Zealand Economist at ANZ Bank, discusses her expectations for the RBNZ's upcoming rate decision. She speaks with Shery Ahn and Haidi Stroud-Watts on "Daybreak Australia".
Bloomberg
Markets Underpricing Debt Deal, RBC's Wu Silverman Says
The debt ceiling debate "feels like the third trimester of pregnancy," Amy Wu Silverman, RBC Capital Markets head of derivatives strategy, says during an interview with Jonathan Ferro on "Bloomberg The Open."
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Bloomberg
Hopeful for a Bipartisan Agreement: Sen. Cardin on Debt Talks
Democratic Senator of Maryland Ben Cardin discusses US Treasury Janet Yellen's newest letter stating that it is 'highly likely' the US government may not be able to meet all of its obligations by as early as June 1st, and whether or not...
Bloomberg
Biden: I Still Believe We'll Be Able to Avoid a Default
"I still believe we'll be able to avoid a default and we'll get something decent done," President Joe Biden said as he spoke to reporters in Hiroshima, Japan, where he is attending the Group of Seven summit. (Excerpt)
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Bernstein's Suzuki Sees 'Mild' Impact From Debt Standoff
Richard Bernstein Advisors Deputy CIO Dan Suzuki expects "very little" market impact from the US federal debt standoff. He speaks on "Bloomberg Markets: The Close."
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UK OBR Chairman Richard Hughes on Budget, Pension Reform
OBR chairman Richard Hughes speaks to Bloomberg's Lizzy Burden following the UK Budget. Hughes discusses Chancellor Jeremy Hunt's pension reform, the government's lack of headroom and the potential economic impact of the Windsor Framework.
Bloomberg
UK Budget: Hunt Says Britain to Avoid Recession, Halve Inflation
Chancellor of the Exchequer Jeremy Hunt, speaking at the start of his budget speech in parliament on Wednesday, said the UK economy will avoid a recession this year as the outlook improves, giving the Treasury a potential boost.
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Bloomberg
Looking Ahead to Trump's Waco Rally
Sen. Roger Marshall (R-KS) on former President Trump's planned rally in Waco, TX. He speaks with Annmarie Hordern and Joe Mathieu on Bloomberg's "Balance of Power."
Bloomberg
Fed Should Be Close to Done on Rate Hikes, Mnuchin Says
"It's not a surprise we have inflation. There has been too much fiscal response," former US Treasury Secretary Steven Mnuchin says at the FII's Priority Conference in Miami.
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Australian Treasurer Chalmers on Releasing RBA Review
Australian Treasurer Jim Chalmers said he plans to release an independent review of the central bank before the national budget in less than a month.
"I'll be looking to release it really soon, hopefully in the next week or two," he...
Bloomberg
Debt Ceiling Solution is a First Order Issue: Boushey
White House Council of Economic Advisers, Heather Boushey, discusses the latest on the debt ceiling talks and whether or not President Biden is willing to meet with Speaker McCarthy. She also talks about the executive order President...
Bloomberg
Results of Debt Limit Debate May Dampen Growth: Shalett
Morgan Stanley Wealth Management CIO Lisa Shalett says the results of the debt ceiling debate could end up dampening economic growth during an interview with Jonathan Ferro and Lisa Abramowicz on "Bloomberg Surveillance."
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Bloomberg
American Leaders Understand Deal Has to Get Done: MacGuineas on Debt Ceiling
President of the Committee for a Responsible Federal Budget, Maya MacGuineas, discusses what negotiations and compromises President Biden and Speaker McCarthy should consider as the potential debt ceiling 'X-Date" is less than a month...
Bloomberg
Markets in 3 Minutes: Dollar Bearishness Is a Tired Trend
Mark Cudmore and Anna Edwards break down today's key themes for analysts and investors on "Bloomberg Markets: Europe."
Bloomberg
How Would a Debt-Limit Breach Affect the US Economy?
Dana Peterson, chief economist of the Conference Board, discusses the US debt limit. President Joe Biden and congressional Republicans made little tangible progress Tuesday toward averting a first-ever US default, but pledged...
Bloomberg
Australian Shadow Treasurer on Budget Surplus
Australian Shadow Treasurer Angus Taylor discusses the country's budget surplus and outlook for the economy. He speaks with Bloomberg's Paul Allen on "Bloomberg Daybreak: Asia."
Bloomberg
Sen. Rick Scott: Very Disappointed Nothing Happened Today
"I'm very disappointed nothing happened today." Senator Rick Scott, a Republican from Florida, discusses the meeting with President Joe Biden at the White House over the debt ceiling.
Bloomberg
Biden Says 'Absolutely Certain' US Will Not Default
President Joe Biden speaks with reporters after meeting with top congressional leaders to discuss the debt limit in the Oval Office. Biden says he would not rule out a short-term debt limit hike. (Excerpts)
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Schumer Says McCarthy Refused to Take Default Off the Table
Senate Majority Leader Chuck Schumer spoke to reporters after congressional leaders and President Joe Biden discussed the debt limit in the Oval Office. House Speaker Kevin McCarthy said earlier there was no progress in efforts to avert...
Bloomberg
Debt Debate Won't Be Solved in 1-2 Weeks: Jim Millstein
"People get the joke that's going on in Washington," Guggenheim Securities Co-Chair Jim Millstein says while discussing the economic impact of not raising the US debt ceiling during an interview with Romaine Bostick and Sonali Basak on...