Bloomberg
Economists See US Recession Odds at 50% or Less: NABE Survey
A fresh survey shows a strong majority of business economists say the odds of the US entering a recession in the next 12 months are 50% or less. Meanwhile, the Federal Reserve is expected to lift interest rates one more time this week as...
Bloomberg
Central Banks Face Pivotal Policy Week
The world's major central banks meet in the coming week to set monetary policy amid continued signs that the worst inflation crisis in decades is easing. Kathleen Hays reports on Bloomberg Television.
Bloomberg
Port Shelter Investment's Harris On Markets Strategy
Port Shelter Investment Management CEO Richard Harris discusses his global markets outlook and investment strategy. He speaks with Haslinda Amin and Rishaad Salamat on "Bloomberg Markets: Asia".
Bloomberg
UK Latest: Annual House Prices Decline Most Since 2009
The decline in UK house prices accelerated in June, according to Nationwide Building Society, likely fueling concerns about the impact of soaring mortgage rates on borrowers during a cost-of-living crunch. Lizzy Burden reports on...
Bloomberg
BOE Hikes Key Rate by 50 Basis Points to 5%
The Bank of England raised its benchmark interest rate to 5%, the highest level in 15 years, in a 7-2 vote Thursday. Lizzy Burden reports on Bloomberg Television.
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Bloomberg
Citi's Wieting: The Bear Market Journey Isn't Complete
Steven Wieting, Citi Global Wealth chief investment strategist, says the bear market journey is not complete. He says there are rolling recessions ongoing in some industries. He explains on "Bloomberg Markets: The Close."
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Bloomberg
Doomers Vs. Data: Who Should You Trust?
Bloomberg Opinion contributor Kyla Scanlon says the Bureau of Labor Statistics is our friend.
Bloomberg
Japan's Economy Grows Faster Than Estimated
First quarter GDP numbers out of Japan have been upgraded to growth of 2.7% on an annualized basis. The preliminary figure was 1.9%. Isabel Reynolds reports on Bloomberg Television.
Bloomberg
Australia Unexpectedly Raises Key Rate
Australia's central bank unexpectedly raised its key interest rate and kept the door ajar to further hikes. Yousef Gamal El Din reports on Bloomberg Television.
Bloomberg
UK House Price Decline Resumes as Headwinds Increase
UK house prices declined once again in May, falling 0.1% after a 0.4% gain the month before. The annual pace of declines reached 3.4%, the sharpest since 2009. Lizzy Burden reports on Bloomberg Television.
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Bloomberg
Cliff Asness: Equities Are a 'Scary Place' to Be in a Recession
Cliff Asness, AQR Managing Principal and CIO, says equities and bonds are telling different stories about the probablity of a looming US recession. Asness thinks that stocks stand to suffer more than bonds if and when a recession foes...
Bloomberg
'Highly Likely' Cash Will Run out by Early June: Yellen on Debt Limit
Bloomberg's Nancy Cook and Enda Curran discuss President Biden and Speaker McCarthy's upcoming meeting today on debt limit negotiations, and also talk about US Treasury Secretary Janet Yellen saying it is "highly likely" cash will run...
Bloomberg
UK Wage Growth Accelerates as Labor Market Cools
The number of payrolled employees in the UK labor market fell in April for the first time since February 2021 while accelerating wage growth remained above the Bank of England's comfort zone. Lizzy Burden has the details on Bloomberg...
Bloomberg
US Core CPI Rises, Likely Keeping Fed Hike in Play
Excluding food and energy, the consumer price index rose 0.4% last month after a 0.5% increase in February, according to data out from the Bureau of Labor Statistics. Mike McKee takes a look at the numbers on "Bloomberg...
Bloomberg
Markets in 3 Minutes: China Bull Case Can Survive Investment Ban
Mark Cudmore and Anna Edwards break down today's key themes for analysts and investors on "Bloomberg Markets Europe."
Bloomberg
Underlying US Inflation Moderated Slightly in April
The US CPI, excluding food and energy, rose 5.5% from a year ago after 5.6% in the prior month, according to data out Wednesday by the Bureau of Labor Statistics. Mike McKee breaks down the numbers on "Bloomberg Surveillance."
Bloomberg
Hot Jobs Report
Stephanie Flanders, Bloomberg Sr. Executive Economics and Government dives into the unexpected pickup in US hiring and wages last month and tells us how the Fed is responding to ongoing concerns surrounding banks.
Bloomberg
Australia Home Prices Rise for Second Month in April
Australian house prices rose for a second consecutive month in April, suggesting the stabilization of the property market as the RBA pauses rate hikes. Swati Pandey reports on Bloomberg Television.
Bloomberg
Inflation, Labor Market: Nobel Laureate Paul Romer
Nobel laureate Paul Romer, a professor of economics at NYU Stern School of Business, says the recent inflation in the U.S. will be transitory and thinks there's something else other than Covid-19 impacting labor participation. He speaks...
Bloomberg
BofA's Moynihan: Fed Will Move Higher Than Neutral Rate
Bank of America Chairman and CEO Brian Moynihan says data show the Federal Reserve will have to move higher than the neutral rate. He speaks with David Westin on "Balance of Power."
Bloomberg
JPMorgan's Kelly Sees Fed 'Pivot of Sorts' Next Year
JPMorgan Asset Management Chief Global Strategist David Kelly predicts the Federal Reserve will decelerate the pace of interest rate hikes into 2023, with an eventual "pivot of sorts" to a more accommodative stance as inflation slows. "I...
Bloomberg
Financial Literacy and Economics of Retirement Planning
Nov. 7 -- Alan Krueger, former Council of Economic Advisors chairman, and William McNabb, chief executive officer at Vanguard, discuss the role of financial literacy in economics and retirement planning. They speak on Bloomberg...
Bloomberg
Power: At an Inflection Point for Inflation Predictions
Semin Soher Power, head of Bank of Ireland Group's inflation-trading desk, discusses her outlook for inflation. She speaks with Bloomberg's Anna Edwards, Kailey Leinz and Lisa Abramowicz on "Bloomberg Surveillance: Early Edition."
Bloomberg
JPM's Chang Says Time's Right to Reduce Fed Balance Sheet
Jul.24 -- Joyce Chang, global head of research at JPMorgan, talks about reducing the Federal Reserve's balance sheet. She speaks on "Bloomberg Daybreak: Americas."