Bloomberg
Bank of Korea Leaves Door Open to Another Rate Hold
Bank of Korea Governor Rhee Chang-yong pushed back against mounting speculation of an interest-rate cut later this month as he emphasized the role of fiscal stimulus in shoring up an economy threatened by Donald Trump's tariffs. He...
Bloomberg
Fed's Barkin on Policy Uncertainty, Interest Rates
Federal Reserve Bank of Richmond President Thomas Barkin discusses the need for more time to understand where the US economy and inflation are headed amid elevated uncertainty about President Donald Trump's policies and his view that...
Bloomberg
Barkin Says Fed Looking for Clarity on Policies, Growth
Federal Reserve Bank of Richmond President Thomas Barkin says officials need more time to understand where the US economy and inflation are headed amid elevated uncertainty about President Donald Trump's policies. He speaks on "Bloomberg...
Bloomberg
Turkey's Simsek: Lira's Real Appreciation to Continue
Turkey's finance minister, Mehmet Simsek, expects the lira to continue strengthening in inflation-adjusted terms as long as the government and central bank's new policies deliver. He was speaking to Joumanna Bercetche at a Bloomberg...
Bloomberg
Fed's Bowman Prefers Cautious, Gradual Approach to Rates
Federal Reserve Governor Michelle Bowman says she wants to see more progress on lowering inflation before considering further interest rate cuts. She speaks at the New England CEO Summit.
Bloomberg
ECB's Lagarde Says Risks 'Remain 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 remain "tilted to the downside." She made the comments at a news conference in Frankfurt after the ECB...
Bloomberg
ECB Cuts Key Rate to 2.75%
The European Central Bank lowered borrowing costs by a quarter-point to 2.75%, citing a stalling economy and confidence that the 2% inflation target will be met. It's the fifth rate cut since June. Bloomberg's Lizzy Burden reports from...
Bloomberg
ECB Decision: Analysts Predict Quarter-Point Rate Cut
The European Central Bank is set to lower interest rates for a fifth meeting as inflation that's nearing the 2% target lets officials further loosen the shackles on the economy. Lizzy Burden reports from Frankfurt ahead of today's decision.
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
Data Setting Up Fed to Pause, Says Citi Economist Hollenhorst
Andrew Hollenhorst, chief US economist at Citi, says the Federal Reserve can take "a wait-and-see attitude" on interest rates due to current readings on inflation and jobs amid uncertainty on policy from the Trump administration.
Bloomberg
Davos 2025: El Khatib: 'Cautiously Optimistic' on Suez Canal Revival
Egypt Investment and Foreign Trade Minister Hassan El Khatib spoke with Bloomberg TV's Joumanna Bercetche in an interview on the sidelines of the 2025 World Economic Forum in Davos on Jan. 23. They discussed Red Sea shipping routes in...
Bloomberg
Nasdaq CEO Friedman Sees 2025 as Constructive for New Issuance, IPOs
Nasdaq Chair and CEO Adena Friedman sees 2025 as a constructive year for new issuance and IPOs and discusses regulatory challenges for public companies and efforts to attract listings to the United States.
Bloomberg
ECB's Knot Says Bets on Jan., March Cuts Are Reasonable
European Central Bank Governing Council Member and Dutch Central Bank President Klaas Knot discusses the outlook for monetary policy, inflation and the potential "downside risk" of protectionist US trade policies. The ECB looks set to...
Bloomberg
SNB Can Intervene in FX Market Again If Needed, Schlegel Says
Swiss National Bank President Martin Schlegel says previous actions to intervene in the currency market were successful and officials won't shirk from resorting to that tool again if needed. Speaking on Bloomberg Television at the World...
Bloomberg
IMF Deputy MD Zhu on China, US, Tariffs
IMF Deputy Managing Director & Former PBOC Deputy Governor Min Zhu sat down with Bloomberg's Haslinda Amin on the sidelines of of the World Economic Forum in Davos and spoke about the global economy and relationship between China and the...
Bloomberg
Nagel Says ECB Could Near Inflation Target by Mid-Year
European Central Bank Governing Council member Joachim Nagel says the ECB could be close to its inflation goal by mid-2025, allowing it to lower interest rates to levels that no longer weigh on the economy. The Bundesbank President also...
Bloomberg
SARB's Kganyago Sees Trump Policies as Inflationary
South African Reserve Bank Governor Lesetja Kganyago discusses policies announced by US President Donald Trump's government and says protectionist actions are negative for global trade. "The measures taken could lead to a fragmentation...
Bloomberg
UK Labor Market Starts to Show 'Cracks,' Citi's Baldwin Says
Citigroup's global head of research Lucy Baldwin discusses potential market movers in the first quarter of 2025 as she says "Q1 is going to have a huge amount of policy uncertainty." Speaking to Bloomberg's Francine Lacqua she also...
Bloomberg
ECB's Rehn Says It 'Makes Sense to Continue Rate Cuts'
European Central Bank Governing Council member Olli Rehn discusses the outlook for inflation, the economy and monetary policy. "Against the backdrop of disinflation being on track and the growth outlook having weakened, it makes sense to...
Bloomberg
Goldman Sachs' Hatzius on US Inflation, Trade Tariffs, Chinese Equities
Jan Hatzius, chief economist at Goldman Sachs, discusses his outlook for US inflation rates, trade tariffs from the incoming Trump administration, and Chinese equities and Beijing's policy stimulus. He speaks to Bloomberg Television in...
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
Ghana Inflation Reached Eight-Month High in December
Ghana's annual inflation rate climbed to its highest level in eight months in December with consumer prices rising 23.8%, up from 23% a month earlier. The inflation situation could reduce the prospects of an interest-rate cut later this...
Bloomberg
Fed's Waller Believes Further Cuts 'Will Be Appropriate'
Federal Reserve Governor Christopher Waller said, "if the outlook evolves as I have described here, I will support continuing to cut our policy rate in 2025," as he believes inflation will continue to cool toward the central bank's 2%...
Bloomberg
Carlyle's Thomas Says Time for Fed to Retire Restrictive Language
Jason Thomas, head of global research and investment strategy at Carlyle, explains why he doesn't view Federal Reserve policy as restrictive and says the move in long-term Treasury yields is the market repricing the neutral rate.