Curated Video
Virus crisis cuts off billions sent to poor around the world
The devastation wrought by COVID-19 across the developed world is cutting into the financial lifelines for people in Latin America, Africa and Asia.
Curated Video
Virus crisis cuts off billions sent to poor around the world
RESTRICTION SUMMARY: AP CLIENTS ONLY
Bloomberg
Fed Should Just 'Drop the Mic,' JPMorgan's Michele Says
Aug.18 -- Bob Michele, JPMorgan Asset Management global chief investment officer and head of global fixed income, says it will take a significant decline in economic activity for money to take U.S. Treasury yields down to zero. He speaks...
Bloomberg
EU Pledges $41 Billion to Fight Coronavirus
Mar.13 -- The European Union is setting up a fund of 37 billion euros ($41 billion) to ease the impact of the coronavirus. European Commission President Ursula von der Leyen outlines how the money will be allocated at a news conference...
Curated Video
Democrats, Republicans far apart on virus relief
Republicans and Democrats remain far apart on finalizing a coronavirus relief bill for the American people.
Curated Video
Mnuchin says opening country a health decision
U.S. Treasury Secretary Steven Mnuchin says a decision whether to reopen the nation back for business as early as Easter will be a health decision not an economic one.
Bloomberg
BofA Raises 18-Month Target Price for Gold to $3,000
Jul.01 -- Francisco Blanch, Bank of America head of commodities and derivatives research, talks about why he's raising the 18-month price target for gold. He appears on "Bloomberg The Open."
Bloomberg
Economist Mosser Stresses the Importance of Fiscal Policy in Virus Resurgence
Jul.29 -- The Federal Reserve holds rates at near zero stating the virus poses considerable risks. Columbia University MPA Program in Economic Management Director Patricia Mosser joins Haidi Stroud-Watts and Kathleen Hays on "Bloomberg...
Bloomberg
There Is Yield to Be Had Outside of Government Markets, Says Invesco's Waldner
Jun.01 -- Rob Waldner, chief strategist: fixed income, at Invesco Advisers, talks about the hunt for yield in credit markets. He appears on "Bloomberg Markets."
Bloomberg
Strong Opportunities in Australian Corporate Credit Market, QIC Says
May.26 -- QIC Director of Fixed Income & Absolute Return Beverley Morris says she continues to see strong opportunities in the Australian corporate credit market. She was speaking with Haslinda Amin and Yvonne Man on "Bloomberg Markets:...
Bloomberg
ECB's Lagarde: Economy Losing Momentum Faster Than Expected
Oct.29 -- European Central Bank President Christine Lagarde discusses the euro-area economy and the policy response to the coronavirus pandemic. She speaks during a virtual press conference from Frankfurt after the ECB voted to maintain...
Bloomberg
Senator Braun Says It Would Be 'Silly' to Shut Gov't Down
Sep.09 -- Senator Mike Braun, an Indiana Republican, says the fiscal impasse probably won't be solved until the U.S. is "looking over the cliff of a crisis." He speaks with Bloomberg's David Westin on "Balance of Power."
Bloomberg
Morgan Stanley Sees 'Policymaker's Correction' in Stocks
Sep.30 -- Morgan Stanley Wealth Management chief investment officer, says she's "shocked" markets haven't been more tumultuous amid the uncertainty over another fiscal stimulus package. She speaks with Bloomberg's Jonathan Ferro, Lisa...
Bloomberg
Markets Prep for ‘Mighty’ Stimulus in Blue Sweep: Rooney Vera
Oct.12 -- Kathryn Rooney Vera, head of research and strategy at Bulltick, expects a “big and bad and mighty” U.S. stimulus package that could reach “$3.5 trillion and higher” if Democrats sweep the 2020 election. She speaks on "Bloomberg...
Bloomberg
Fed's Kaplan Doesn't See Need for More QE Right Now
Oct.08 -- Federal Reserve Bank of Dallas President Robert Kaplan discusses the outlook for the U.S. economy, the disagreements between the Republicans and the Democrats over a stimulus package, and the Fed's asset purchases. He speaks...
Bloomberg
Cowen's Solomon Says the Fed Seems to Be Winning
Aug.20 -- Cowen Inc. Chairman and Chief Executive Officer Jeff Solomon expects more fiscal stimulus no matter who wins the U.S. presidential election and says the markets have probably already priced in the inevitable tax increases to...
Bloomberg
Cornerstone's Karp: How Wall Street Views the Candidates
Aug.21 -- Cornerstone Capital founder and Chief Executive Officer Erika Karp says more fiscal support will be needed to boost the economy. She speaks with Bloomberg's Sonali Basak and Alix Steel on "Bloomberg Markets."
Bloomberg
StanChart ‘Still Dollar Sellers’ Amid Relentless Trade: Englander
Dec.08 -- Stephen Englander, global head of G10 FX research at Standard Chartered, sees emerging markets driving dollar weakness as he examines the currency’s selloff. He speaks on "Bloomberg Markets: European Close."
Bloomberg
Sharp Downturn in U.S. Growth Ahead, Vanguard's Davis Says
Nov.20 -- Joe Davis, Vanguard's global chief economist, expects a "choppy" economic environment going forward. He speaks on "Bloomberg Markets."
Bloomberg
Philippines Aims to Lower BSP Debt, Plans USD Bonds: Finance Chief
Apr.05 -- Philippines Finance Secretary Carlos Dominguez discusses the outlook for the economy and policies amid the coronavirus pandemic. The country extended a lockdown in Manila and nearby provinces until at least April 11 to control...
Bloomberg
It's Too Early to Raise U.K. Taxes, Former BOE Governor King Says
Mar.01 -- Former Bank of England Governor Mervyn King discusses the U.K. economic recovery and the outlook for Chancellor of the Exchequer Rishi Sunak's budget on Wednesday. "It's too early, I think, to judge by how much taxes will need...
Bloomberg
Risks "much more balanced" than in past - ECB's de Guindos
May.19 -- "Risks going forward are much more balanced than in the past," ECB Vice-President Luis de Guindos told Bloomberg, on Wednesday May 19. Following the publication of the ECB's financial stability review, de Guindos pointed to the...
Bloomberg
Summers: Fed Should Taper Faster
Sep.24 -- Former U.S. Treasury Secretary Larry Summers discusses this week's Fed decision, China's Evergrande crisis, and the ongoing negotiations on Capitol Hill to raise the debt ceiling and pass a spending bill. He also argues that...
Bloomberg
Fed Officials Entering 'New Era' on Overheating
Former U.S. Treasury Secretary Lawrence Summers said that Federal Reserve policy makers are signaling a "new era" in which they recognize the U.S. economy is overheating as inflation runs at its fastest in three decades. Summers spoke...