Bloomberg
Fed Is Not in Hurry to Lower Rates, Powell Says
Federal Reserve Chair Jerome Powell says officials are not in a hurry to lower interest rates, citing a strong economy and solid labor market. He speaks in Washington after policy makers voted unanimously to keep the federal funds rate...
Bloomberg
Fed Holds Interest Rates Steady, Says Economy Is Solid
The Federal Reserve holds interest rates steady as it pauses to assess the inflation outlook. The FOMC voted unanimously on Wednesday to keep the federal funds rate in a range of 4.25%-4.5%, after lowering rates by a full percentage...
Bloomberg
China's DeepSeek Is 'Very Interesting Turn' for US Tech, Capital.com's Rodda Says
Kyle Rodda, senior market analyst at Capital.com, says the updated AI model unveiled by China's DeepSeek raises concerns about geopolitical risks as well as questions about US tech stock valuations. According to Rodda, the "proverbial...
Bloomberg
Goldman Sachs' Gnodde Says Europe's Top CEOs Increasingly Frustrated
Goldman Sachs Vice Chairman Richard Gnodde discusses the business climate in Europe, the outlook for private credit, and female representation in senior positions. "There's an increasing level of frustration" among the CEO community of...
Bloomberg
Summers: 'Encouraging' Symbolism in Trump's Second Day in Office
Former US Treasury Secretary Lawrence H. Summers discusses Donald Trump's return to office and his administration's approach to artificial intelligence policy. "I think his directness, his force of personality may help him address the...
Bloomberg
JPMorgan's Pinto Says Inflation, Geopolitics Could Derail Optimism
JPMorgan Chase & Co. President Daniel Pinto discusses the state of the US economy as Donald Trump's new administration takes office. He also discusses mergers and acquisitions, inflation in the US and how geopolitics could derail...
Bloomberg
Franklin CEO on Trump, IPOs, Crypto Market, Inflation
Franklin Templeton CEO Jenny Johnson discusses US President Donald Trump's day-one policy pledges, the outlook for initial public offerings, the cryptocurrency market and inflation. She speaks on Bloomberg Television at the World...
Bloomberg
Erdoes: Animal Spirits 'Alive' Amid Deregulation Hopes
Mary Erdoes, JPMorgan Asset and Wealth Management CEO, says "animal spirits are alive" amid hopes of a lighter regulatory environment under the new administration of US President Donald Trump. She made the comments during a panel...
Bloomberg
BlackRock's Hildebrand Sees Risk of 'Stubbornly Sticky Inflation'
BlackRock Vice Chairman Philipp Hildebrand discusses the "transformational forces" driving policy and the global economy in 2025. He says the biggest risk is that "inflation is not just sticky, but continues to be stubbornly sticky." He...
Bloomberg
Stocks in 2025 'More Vulnerable' to Rising Bond Yields, Goldman Sachs Says
Goldman Sachs strategist Peter Oppenheimer discusses the outlook for equities in 2025 and areas where he sees opportunities to diversify away from the Magnificent Seven group of US technology stocks. He speaks on Bloomberg Television.
Bloomberg
EU's Virkkunen on Hybrid Threats: Everything Can Be Weaponized
The EU must be prepared for a range of hybrid threats as now "everything can be weaponized" including migration, critical infrastructure and elections, says Henna Virkkunen, the European Commission's Executive Vice-President for Tech...
Bloomberg
EU's Virkkunen on Trump Presidency, Musk's X Platform
Henna Virkkunen, the European Commission's EVP for Tech Sovereignty, Security and Democracy, says the EU is looking forward to cooperating with the upcoming Donald Trump administration. In an interview with Bloomberg's Oliver Crook, she...
Bloomberg
Fed's Bowman Prefers Cautious, Gradual Approach to Rates
Federal Reserve Governor Michelle Bowman says she is concerned that the current stance of monetary policy "may not be as restrictive as others may see it." She speaks at a California Bankers Association event.
Bloomberg
Fed Is Well Positioned to Deal With Risks: Charles Evans
Former Federal Reserve Bank of Chicago President Charles Evans says he believes Federal Reserve policymakers will stay patient in adjusting monetary policy as inflation remains "a little more than uncomfortably above 2%" through 2025.
Bloomberg
UBS's Falconio, Columbia Threadneedle's Al-Hussainy on Duration
UBS Global Wealth Management Head of Taxable Fixed Income Leslie Falconio says she is taking on duration around the 5-year yield curve and looking for further opportunities. Columbia Threadneedle Global Rates Strategist Ed Al-Hussainy...
Bloomberg
Why Nuclear Energy is Making a Comeback
In the 2010s, US nuclear plants were struggling to compete against cheap natural gas and renewable energy sources. But the intensifying threat of climate change and the rise of AI have changed the conversation. To bridge the gap to a...
Bloomberg
Fed's Daly Talks Interest Rates, Inflation, Economic Uncertainties
Federal Reserve Bank of San Francisco President Mary Daly discusses her approach to monetary policy, saying she is "very comfortable" with policymakers' median projection of two interest-rate cuts in 2025. Daly also touches on why...
Bloomberg
Philippine Central Bank Open to Rate Cut in First 2025 Meeting: Governor
Philippine central bank Governor Eli Remolona says he is open to cutting the key rate in its first policy meeting next year. The Bangko Sentral ng Pilipinas on Thursday lowered its policy rate by a quarter point and signaled it may...
Bloomberg
AXA CEO: French Political Uncertainty 'Bearable'
Political uncertainty in France is set to continue as the new government seeks to pass a budget which "instils fiscal discipline," says Thomas Buberl, CEO of AXA. For the French insurance giant, the situation is "not comfortable," adds...
Bloomberg
Powell Says Fed 'at or Near a Point' to Slow, Pause Cuts
Federal Reserve Chair Jerome Powell says the labor market is still gradually cooling and inflation is still "broadly on track." Powell speaks after the Fed lowered its benchmark interest rate for the third consecutive time, but reduced...
Bloomberg
Dutta reacts to the Fed's rate cut, economic projections
Neil Dutta of Renaissance Macro says the Fed is lowering the bar for additional action next year. He speaks with Jonathan Ferro, Lisa Abramowicz and Tom Keene on "Bloomberg Surveillance: The Fed Decides."
Bloomberg
France Latest: Time Is Running Out to Pass Budget
As France's Prime Minister Francois Bayrou meets with far-right leader Marine Le Pen on Monday, time is running out to pass the budget. Eleonora Mavroeidi of Bloomberg Economics explains what's at risk.
Bloomberg
ECB's Lagarde Says Growth Risks 'Tilted to the Downside'
European Central Bank President Christine Lagarde comments on the outlook for the euro-area economy, saying that the risks to growth are "tilted to the downside." She made the comments at a news conference in Frankfurt after the ECB...
Bloomberg
Lagarde: 'We're Not Done' on Getting to Inflation Target
European Central Bank President Christine Lagarde discusses efforts to bring inflation down to 2%. "We are getting closer, but we are not done," she said during a news conference in Frankfurt after the ECB lowered interest rates for the...