Bloomberg
Fed's Barkin Sees Job, Inflation Challenges From Tariffs
Federal Reserve Bank of Richmond President Tom Barkin said President Donald Trump's tariffs could create a big challenge for the central bank if they cause an increase in both inflation and unemployment. Barkin said price shocks from...
Bloomberg
Fed's Musalem Warns Tariff Impact May Not Be Temporary
Federal Reserve Bank of St. Louis President Alberto Musalem warns that the impact of tariffs may not be temporary and could lead to higher inflation during an event in Paducah, Kentucky.
Bloomberg
Fed's Kashkari Sees 'Real Shift in Confidence' on Tariffs
Federal Reserve Bank of Minneapolis President Neel Kashkari said, "it's conceivable that the hit to confidence could be a bigger effect than the tariffs themselves," as he discusses the potential economic impact of uncertainty...
Bloomberg
ECB Still Likely to Cut in April Despite Tariffs: Stehn
Goldman Sachs Chief European Economist Jari Stehn discusses the potential implication for gross domestic product and worldwide economies should US President Donald Trump's proposed tariffs come into effect on April 2. Speaking on...
Bloomberg
Philippine Central Bank Gov. on RRR Cut Impact, Peso
Bangko Sentral ng Pilipinas Governor Eli Remolona discusses the BSP's efforts to spur the Philippine economy. He speaks exclusively with David Ingles on the sidelines of the 'HSBC Global Investment Summit' in Hong Kong.
Bloomberg
Erdogan's Top Rival Imamoglu Jailed, Triggering Protests
Turkish authorities formally arrested President Recep Tayyip Erdogan's main political rival, Ekrem Imamoglu. Istanbul's mayor was jailed on corruption charges Sunday morning, days after he was detained by police. The arrest has triggered...
Bloomberg
Fed's Williams: Moderately Restrictive Rates Appropriate
Federal Reserve Bank of New York President John Williams said the current modestly restrictive stance of monetary policy is "entirely appropriate" amid a high level of uncertainty over how rapid changes to immigration, trade, and fiscal...
Bloomberg
SNB President on Rate Decision, Tariffs, Gold, Crypto
Swiss National Bank President Martin Schlegel discusses the central bank's decision to lower its benchmark rate by a quarter point to 0.25%, as well as the potential risks that geopolitical and fiscal uncertainty could have on the Swiss...
Bloomberg
BOE Leaves Key Interest Rate at 4.5%
The Bank of England announced it will leave its benchmark interest rate on hold at 4.5% on Thursday. The Monetary Policy Committee voted 8 to 1 in favor of leaving the benchmark policy rate unchanged, with more policymakers favoring a...
Bloomberg
Fed Offered No Surprises, But Is Ignoring Debt: Thomas Hoenig
Former Kansas City Fed President Thomas Hoenig offers his assessment of the Federal Reserve's latest rate decision and forecast and says it's a "big deal" that the Fed won't talk about the nation's fiscal problems. Hoenig also weighs in...
Bloomberg
What to Expect From Today's BOE Interest Rate Decision
The Bank of England will announce its interest rate decision at 12 p.m. in London. Markets and economists expect the Monetary Policy Committee to leave the benchmark interest rate on hold at 4.5% and reiterate a cautious approach to...
Bloomberg
SNB Has No Plans to Buy Crypto Assets, Schlegel Says
Swiss National Bank President Martin Schlegel says the central bank doesn't have plans to buy crypto assets. He speaks to Bloomberg's Bastian Benrath-Wright after the central bank cut its benchmark rate by a quarter point to 0.25% on...
Bloomberg
SNB's Schlegel on Full Capitalization of UBS Units
Swiss National Bank President Martin Schlegel reiterated the SNB's support for a reform that could see UBS Group AG forced to maintain as much as $25 billion in extra capital. He spoke to Bloomberg's Bastian Benrath-Wright after the...
Bloomberg
The Fed Is Flying Blind, Dudley Says
Bill Dudley, former president of the New York Fed, says the Federal Reserve is "flying blind" because they don't know what's going to happen to economic growth. "Powell came in and gave a pretty dovish performance in the sense of, 'We...
Bloomberg
Fed Chair Powell Says New Trump Policies Could Impact Economy
Federal Reserve Chairman Jerome Powell says new policies from President Donald Trump could impact the economy. Powell says the Fed is in no hurry to adjust policy stance. He speaks in Washington.
Bloomberg
Fed Should Keep 'Wait and See Mode': Esther George
Former Federal Reserve Bank of Kansas City President Esther George says the Federal Reserve is likely to be "stepping back" on making policy path commitments.
Bloomberg
US Dollar Is Clearly on the Back Foot, Rabobank's Foley Says
Jane Foley, head of FX strategy at Rabobank, expects multiple currencies to be able to make further gains against the US dollar over the next 12 months as "there is a clear asset allocation going on away from risky assets in the US...
Bloomberg
Dishner: Market to Get 'Lot of Answers' in Coming Days
Neuberger Berman's Robert Dishner discusses market sentiment as the Federal Reserve is set to kick off a two-day policy meeting ahead of a rate decision on Wednesday. "This is going to be a big meeting, because we get the projections and...
Bloomberg
Escriva: Spain Is an 'Attractive Country for Settlement'
Bank of Spain Governor Jose Luis Escriva said the nation's economy is getting a boost thanks to its attractiveness for remote workers. "Non-tourist services are also performing very well in Spain, and this might result of the ability to...
Bloomberg
Five years later: how Covid-19 changed the world
How have fared countries fared five years after they took differing approaches to restrict their activities? Senior fellow at the Cato Institute Johan Norberg talks about Sweden's "less restrictive approach" and its surprisingly low...
Bloomberg
ECB's Escriva Sees Risks to Central Scenario
European Central Bank Governing Council member Jose Luis Escriva says the ECB's assumptions for inflation and economic growth face big risks in each direction due to unpredictability. Speaking to Bloomberg's Kriti Gupta, he says "risks...
Bloomberg
Tariffs Put Fed in a Bind on Inflation, Growth: Bill Dudley
Bill Dudley, former New York Fed President and Bloomberg Opinion columnist, says tariffs being bad for growth and inflation puts the Federal Reserve in a bind, with the central bank on hold waiting for more information. His opinions are...
Bloomberg
ECB's Lagarde: Risks to Growth Remain Tilted to Downside
European Central Bank President Christine Lagarde said the risks to economic growth "remain tilted to the downside." Speaking to reporters in Frankfurt, Lagarde also said "most indicators of underlying inflation are pointing to a...
Bloomberg
ECB Cuts Rates Again, Signals Easing Phase Nearing End
The European Central Bank lowered interest rates for the sixth time since June and indicated that its cutting phase is drawing to a close as inflation cools and the economy digests seismic shifts in geopolitics. The ECB's deposit rate...