Bloomberg
Fed Watchers Weigh in on Interest-Rate Decision
The Federal Reserve is expected to pause its interest-rate hikes for the second time this year following a slowing in inflation while leaving the door open for another increase as early as November. Investors and economists including...
Bloomberg
UBP Says Likely to See Upside Risks in Dollar-Yen
Peter Kinsella, global head of foreign exchange strategy at Union Bancaire Privee, talks about the Japanese yen, the Chinese yuan and central banks' policies. He speaks with Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Asia."
Bloomberg
Federal Reserve May Cut Interest Rates in 4Q 2024, Lockhart Says
Dennis Lockhart, former president of the Federal Reserve Bank of Atlanta, discusses monetary policy and the outlook for the economy. The Fed on Wednesday left its key rate unchanged while signaling borrowing costs will likely stay higher...
Bloomberg
BOE's Bailey: Policy Is Working to Bring Inflation Down
Bank of England Governor Andrew Bailey speaks at a press conference Thursday following the central bank's move to raise its key benchmark interest rate to 5.25%.
Bloomberg
Bank of England Decision Due: Another 50-Bp Rate Hike or 25-Bp?
The Bank of England is likely to boost interest rates again on Thursday. Economists and investors anticipate the benchmark lending rate will rise at least a quarter-point to 5.25%, with a strong chance of a bigger half-point increase...
Bloomberg
BOJ Announces Second Unscheduled Bond Buying in a Week
The Bank of Japan intervened in the market for the second time since their tweak to yield curve control last week, looking to slow gains in benchmark sovereign bond yields. Valerie Tytel reports on Bloomberg Television.
Bloomberg
BOE Hikes Key Rate by 25 Basis Points to 5.25%
The Bank of England raised its benchmark interest rate to 5.25%, the highest level in 15 years, in a three-way vote split on Thursday. Lizzy Burden reports on Bloomberg Television.
Bloomberg
Paraguay Is Open to China Investment, Finance Minister Says
Paraguay Finance Minister Carlos Fernandez says the government would consider Chinese investment to develop its nascent green hydrogen industry. Paraguay, Taiwan's last South American ally, has ample supplies of the key ingredients...
Bloomberg
Bank of Japan Unlikely to Start Tightening Policy This Year, ANZ Says
Richard Yetsenga, chief economist at Australia & New Zealand Banking Group Ltd., discusses policies of central banks including the People's Bank of China and the Bank of Japan. He speaks with Haidi Stroud-Watts and Shery Ahn on...
Bloomberg
Mizuho's Momma on BOJ Policy
Kazuo Momma, executive economist for Mizuho Research and Technologies and former Bank of Japan assistant governor, shares his insights on the Bank of Japan's upcoming September policy announcement. He speaks with Bloomberg's Shery Ahn...
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
Infrastructure Capital Advisors on US Markets
Jay Hatfield, chief executive officer at Infrastructure Capital Advisors, discusses his outlook and investment strategies for US markets. He speaks with Bloomberg's Shery Ahn and Haidi Stroud-Watts on "Bloomberg Daybreak: Australia."
Bloomberg
China Central Bank Cuts Reserve Requirements for Second Time This Year
China's central bank has cut the amount of cash lenders must hold in reserve for the second time this year. The move comes ahead of monthly activity data due later that could show the economy is starting to bottom out. Annabelle Droulers...
Bloomberg
ECB Hikes Deposit Rate by 25 Basis Points to 4%
The European Central Bank raised the deposit rate by a quarter-point to 4% Thursday while hiking the main refinancing rate to 4.50%. Maria Tadeo reports on Bloomberg Television
Bloomberg
ECB Sees Inflation 'Too High for Too Long,' Lagarde Says
European Central Bank President Christine Lagarde says, "we are determined to ensure that inflation returns to our 2% medium-term target in a timely manner," as she discusses the central bank's latest interest rate decision at a press...
Bloomberg
ECB's Lagarde: 'Can't Say' That Rates Are at Peak
"We are not either saying that we are now at peak," says European Central Bank President Christine Lagarde as she discusses the central bank's latest interest rate decision at a press conference Thursday in Frankfurt.
Bloomberg
ECB Faces Cliffhanger Decision Over Next Step
The European Central Bank's dilemma over whether to deliver a 10th straight interest-rate increase on Thursday hinges chiefly on how quickly its forecasts show inflation retreating. Maria Tadeo reports on Bloomberg Television.
Bloomberg
Fed Mantra May Be 'Restrictive for Longer': Pimco's Clarida
Richard Clarida, global economic advisor at Pacific Investment Management Co. (Pimco) and former Federal Reserve vice chairman, says the Fed will be inclined to deliver a "hawkish pause" for their next interest rate decision. He speaks...
Bloomberg
UK Latest: Wages Post Record Growth as Jobs Market Cools
UK wage growth held at a record high in the three months through July despite signs the labor market is starting to cool in response to the squeeze being inflicted by the highest borrowing costs since 2008. Lizzy Burden reports on...
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
BOJ Surprised Markets, Slowed Yen Depreciation: Briscoe
"Ueda surprised the market, that's what the BOJ likes to do, and slowed down the depreciation of the yen." Hayden Briscoe, APAC head of multi-asset portfolio management at UBS Asset Management, discusses Bank of Japan policy, where the...
Bloomberg
Hooper: Fed Doesn't Need to Hike Again
Kristina Hooper, Invesco Chief Global Market Strategist shares why she believes the Fed does not need to raise rate hikes again and opportunities in small caps.
Bloomberg
OCBC Bank Is Neutral on Chinese Equities: Menon
"We have since taken it down from overweight Chinese equities to neutral." Vasu Menon, managing director of investment strategy at OCBC Bank, discusses Chinese equities, stimulus and what he thinks would help boost the economy. He speaks...
Bloomberg
Billion-Dollar Corporate Bond Deals Hit Treasuries
US Treasuries fell amid a flurry of investment-grade bond sales, the dollar hit the highest since March and stocks pushed lower. Emily Graffeo reports on Bloomberg Television.