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Bloomberg
The Federal Deficit (Debate) Is Out of Control
Too much federal spending is at the core of what Congress is fighting over. It's one of the main arguments conservative Republicans used when the government almost shut down in September and for ousting Kevin McCarthy as Speaker.
But...
Bloomberg
We Have an Energizer Bunny Econoomy: Summers
Lawrence H. Summers, Former US Treasury Secretary discusses interest rates and the unsustainable path of fiscal policy at IMF. He speaks with David Westin on "Wall Street Week Daily."
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Bloomberg
UK's Hunt Says Government Doesn't Have Headroom to Cut Taxes
UK Chancellor of the Exchequer Jeremy Hunt says the government can't afford to cut taxes at the moment. "We don't have that headroom because, in fact, since the Spring budget, our debt interest payments have gone up because the markets...
Bloomberg
China Beige Book: Property Market Deteriorating Further
Shehzad Qazi, managing director at China Beige Book International, discusses China's property sector, the importance of the Golden Week holiday and his outlook for the economy. He speaks on Bloomberg Television.
Bloomberg
Former Dallas Federal Reserve Chief Kaplan Expects 'Pause' Next Week
"We'll see a pause next week. However, the economy is resilient heavily because of fiscal spending. Unspent American Rescue Act funds the Inflation Reduction Act, the Infrastructure Act. And because of that, the Fed is going to need to...
Bloomberg
This Is Encouraging Data From China: Speranza
"This is encouraging data." Luigi Speranza, global head of markets 360 & chief economist at BNP Paribas, discusses China's industrial output, retail sales and fixed investment data and what it means for the economic recovery. He speaks...
Bloomberg
Chinese Yuan to Depreciate Against Dollar Gradually, Saxo Says
Redmond Wong, market strategist for Greater China at Saxo, discusses the outlook for the Chinese economy, the government's efforts to support growth, and the implications for financial markets. He speaks with David Ingles and Yvonne Man...
Bloomberg
Templeton Says China's Whole Framework Is 'in Flux'
Manraj Sekhon, chief investment officer at Templeton Global Investments, discusses the state of China's economy, policies and financial markets. He speaks with Haslinda Amin on "Bloomberg Daybreak: Asia." (Excerpt of the full interview)
Bloomberg
Belgium Finance Minister on Economy, Retail Bond Sale
Belgium's Finance Minister Vincent Van Peteghem joins Bloomberg's Maria Tadeo to discuss the country's record retail bond of nearly 22 billion, as well as the outlook for Belgium and the Eurozone economies.
Bloomberg
Japan Ahead: Credit Agricole Chief Japan Economist
Takuji Aida, Chief Japan Economist at Credit Agricole, discusses how the weaker yen has helped Japan's economy and acted as "reverse Plaza Accord". He speaks with Shery Ahn and Haidi Stroud-Watts on "Bloomberg Daybreak: Asia."
Bloomberg
Nouriel Roubini on Global Economy, Equities Correction, Central Banks
Nouriel Roubini, chairman and CEO at Roubini Macro Associates, offers his take on the state of the global economy, why there could be a correction in global equities in the second half of the year, and also weighs in on China and central...
Bloomberg
Nomura's Subbaraman: Getting Worried About China's Banks
"It's not clear to us that these piecemeal policy measures are really enough to revive the economy." Rob Subbaraman, head of global macro research at Nomura, discusses China's policy support for the economy and where he's seeing bright...
Bloomberg
SEB's Victorina on Future Fed Rate Rises
Eugenia Victorino, Head of Asia Strategy at SEB, discusses her global markets outlook. She speaks with Yousef Gamal El-Din and Manus Cranny on "Bloomberg Daybreak: Middle East and Africa".
Bloomberg
Bank of Thailand Getting Closer on Where it Wants to Be on Rates: Governor
Bank of Thailand Governor Sethaput Suthiwartnarueput says the central bank is getting closer to where it wants to be on interest rates. Sethaput also says he's on watch for policy indications from the new government. He spoke exclusively...
Bloomberg
China Might Need 'Helicopter Money' Stimulus, Says Morgan Stanley's Shalett
Morgan Stanley Wealth Management CIO Lisa Shalett says China's reliance on monetary policy to boost growth has been ineffective, and suggests policymakers distribute money to businesses and households instead. "What's needed here is some...
Bloomberg
Kroszner on Inflation, The Economy, Mortgage Rates
Former Federal Reserve Governor, Randall Kroszner, gives his insight on the decline in inflation and whether fiscal or monetary policy can be attributed to it. Kroszner also talks about why expenses are still high for most Americans,...
Bloomberg
China Will Have to Put More Fiscal Policy to Work: Leong
"China will have to put more fiscal policy to work." Lin Jing Leong, senior EM Asia sovereign analyst, fixed income research at Columbia Threadneedle, discusses China's economy, the yuan and the risk of inflation. She speaks on Bloomberg...
Bloomberg
China Issues Plan to Further Attract Foreign Investment
China's State Council has a plan to attract foreign direct investment and improve the business environment including tax and visa measures as it seeks to bolster the flagging economy. John Liu reports on Bloomberg Television.
Bloomberg
Fitch Cuts U.S. Long-Term Ratings From 'AAA' to 'AA+'
Fitch Ratings has downgraded US's long-term foreign currency debt rating to AA+ from AAA. Treasury Secretary Janet Yellen said in a statement that she "strongly" disagrees with Fitch's decision. Kathleen Hays reports on Bloomberg...
Bloomberg
China in Year of 'Middling Recovery': China Beige Book
Shehzad Qazi, managing director at China Beige Book International, discuses the state of the world's second-largest economy, its outlook and the government's efforts to support growth. China is seeking to boost consumption but the...
Bloomberg
Top China Housing Official Urges Fresh Real Estate Rescue Effort
China's top housing official wants to strengthen efforts to revive the country's ailing property sector. Chang Shu reports on Bloomberg Television.
Bloomberg
Fed Will Be Tighter for Longer, Says Dudley
Former New York Fed President and Bloomberg Opinion Columnist Bill Dudley says the Federal Reserve will have to stay tighter for longer. He's on a special "Bloomberg Surveillance."
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Bloomberg
Chinese Investors Are in a Waiting Game: BNP Paribas
"It's a bit of a waiting game for Chinese investors." Siddharth Mathur, head of APAC macro strategy and EM research at BNP Paribas, discusses China's market rally, the stimulus measures announced during the Politburo meeting and PBOC...
Bloomberg
Japan Ahead: Former Bank of Japan Deputy Governor Wakatabe
Masazumi Wakatabe, former deputy governor of the Bank of Japan and now an economics professor at Waseda University in Tokyo, discusses the state of the economy and monetary policy. He speaks in the latest "Japan Ahead" segment on...