Bloomberg
Fed's Mester: Inflation Too High, Jobs in Better Balance
"Although there has been some progress, inflation remains too high and the FOMC is committed to moving inflation down to 2 percent," Federal Reserve Bank of Cleveland President Loretta Mester says at a research conference hosted by the...
Bloomberg
Labor Market Is Normalizing, Says BlackRock's Rosenberg
Jeffrey Rosenberg, systematic multi-strategy fund portfolio manager at BlackRock, says, "this is the report the market was looking for," as he examines the August US jobs report and what it means for Federal Reserve policy. He speaks on...
Bloomberg
El-Erian: Markets, Central Banks Have Become 'Overly Data-Dependent'
"I think the major issue is that the market has become overly data-dependent, just like our central banks have become overly data-dependent. So we're not looking beyond the next data release because we're worried about what will the Fed...
Bloomberg
El-Erian Says China's Measures Aren't Gaining Traction
Mohamed El-Erian, chief economic adviser at Allianz and a Bloomberg Opinion columnist, discusses the outlook for China's economy and efforts by Beijing to stimulate the economy and support its currency. He speaks on the sidelines of the...
Bloomberg
Bostic Urges Fed to Be 'Cautious and Patient' on Policy
Federal Reserve Bank of Atlanta President Raphael Bostic sees current monetary policy as "appropriately restrictive," and says the Federal Reserve should, "let the restrictive policy continue to influence the economy, lest we risk...
Bloomberg
BNP Paribas: Moved Away From Chinese Banks Into Insurers
Manishi Raychaudhuri. Asia Pacific equity strategist at BNP Paribas, shares his views on Chinese stocks, the economy and the real estate market. He also discusses Federal Reserve policy and its market implications. He speaks with Haidi...
Bloomberg
China Cuts Forex Reserve Ratio in Bid to Support Yuan
China reduced the amount of foreign currency deposits banks are required to hold as reserves for the first time this year. Michael Wilson reports on Bloomberg Television.
Bloomberg
PBOC Drafts Policy to Give Private Firms More Funding Access
The PBOC drafted to give private businesses better access to funding as authorities ramp up efforts to boost broader economic growth. Jill Disis reports on Bloomberg Television.
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
Carpenter: A Soft Landing Is Most Likely Outcome for US
Seth Carpenter, Morgan Stanley chief global economist, says a soft landing is the most likely outcome for the US economy. He's on "Bloomberg Surveillance."
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Bloomberg
BOJ May Not Bless Active ETFs as Nomura Launches First Fund
Nomura is set to launch the first active ETF in Japan in September, but the Bank of Japan is unlikely to participate as Governor Kazuo Ueda drastically reduces the central bank's ETF purchases. Bloomberg Intelligence's Rebecca Sin has...
Bloomberg
Japan's Jobless Rate Rises
Japan's unemployment rate rose for the first time in four months in July and a slightly negative signal for both the Bank of Japan and the government. Yuko Takeo reports on Bloomberg Television.
Bloomberg
Powell's Key Signals From Jackson Hole
For the first time, Federal Reserve Chairman Jerome Powell has acknowledged progress on super-core disinflation and hinted multiple times that real interest rates are already quite restrictive. Vonnie Quinn reports on Bloomberg Television.
Bloomberg
The Fed's Job Is Not Done Yet: HSBC's Neumann
"The Fed's job is not done yet." Frederic Neumann, chief Asia economist and co-head of global research for Asia at HSBC, discusses his key takeaways from the Federal Reserve's Jackson Hole meeting, US jobs data and stimulus in China. He...
Bloomberg
Lagarde Says ECB Will Bring Inflation Back to 2%
European Central Bank President Christine Lagarde says the central bank's data-dependency forces it to act meeting by meeting during an interview with Tom Keene on the sidelines of the Federal Reserve Bank of Kansas City's annual...
Bloomberg
ECB's Lagarde on Global Economic Environment, Inflation
European Central Bank President Christine Lagarde says the central bank is dealing with shifts in labor, energy and geopolitics. Speaking with Tom Keene on the sidelines of the Federal Reserve Bank of Kansas City's annual economic policy...
Bloomberg
Tarullo: We May See Some Regional Banks Atrophy
Daniel Tarullo, Former Federal Reserve Board Governor tells us what might happen if some regional banks start to atrophy. He also says that current risk analysis of G-SIBS no longer serve the purpose of gauging financial stability.
Bloomberg
Powell Says Fed Prepared to Raise Rates, Keep Them High
Federal Reserve Chair Jerome Powell delivers the keynote address at the Kansas City Fed's annual policy forum in Jackson Hole, Wyoming. Powell says the Fed is prepared to raise rates further if appropriate.
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Bloomberg
Powell: 2% Is and Will Remain Our Inflation Target
"2% is and will remain our inflation target," Federal Reserve Chair Jerome Powell says at the Federal Reserve Bank of Kansas City's annual economic policy symposium in Jackson Hole, Wyoming.
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Bloomberg
Monetary Policy to Diverge After Inflation Fight: IMF
International Monetary Fund Managing Director Kristalina Georgieva says central banks must carefully access data going forward as she expects "some divergence in policy approaches" and explains the inflationary effects of fragmentation...
Bloomberg
ECB's Nagel: Too Early to Think About a Rate-Hike Pause
"It's for me much too early to think about a pause." European Central Bank Governing Council member Joachim Nagel discusses the state of the region's economy and monetary policy. The Bundesbank president speaks on the sidelines of the...
Bloomberg
Jacob Frenkel: Fed Has Done a 'Spectacularly Good Job'
Jacob Frenkel, former governor of the Bank of Israel who was also chair of JPMorgan Chase International, discusses the state of the global economy, and policies of central banks including the Federal Reserve. Frenkel, chairman emeritus...
Bloomberg
ECB's Vujcic: More Price Data Needed to Determine Interest Rate Peak
"Whether we are in a restrictive-enough territory remains to be seen. And this is something that you will only see from the inflation data that will come in the next prints." European Central Bank Governing Council member Boris Vujcic...
Bloomberg
Bond Traders Obsessing Over R* Gauge Before Jackson Hole
An abstract interest-rate metric has become the hot topic among bond traders ahead of Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium. Ruth Carson reports on Bloomberg Television.