Press Association
Inflation returns to 2% target for first time in nearly three years - Hunt interview
Interview with Jeremy Hunt in his Godalming constituency discussing inflation. Inflation has returned to the 2% target for the first time in almost three years in what comes at a critical time, just weeks before the nation heads to the...
Press Association
Rachel Reeves outlines five “serious errors” in the Tory manifesto
At a press conference, Ms Reeves said her party had analysed its opposition’s costings and found five “serious errors” which she is concerned about.
Bloomberg
Richards Says Defaults, Downgrades Will Ramp Up
The strain on highly levered companies is going to continue through the next two quarters amid the current higher-for-longer rate environment, according to Bruce Richards, chief executive officer of Marathon Asset Management. Richards,...
Bloomberg
Carlyle's Talks AI Implications
Carlyle's Head of Global Research Jason Thomas discusses AI Downstream Implications with 'Bloomberg Markets' Matt Miller.
Bloomberg
How Sustainable Is a 30-Year, 8% Mortgage Rate?
Sales of previously owned US homes fell in September to the lowest level since 2010 as affordability worsened even further. The market has been hurt further by decades-high mortgage rates. Bloomberg's Michael McKee and Claudia Sahm of...
Bloomberg
Bill Gross on Bond Yields, Housing and Merger Arbitrage
Pimco co-founder Bill Gross discusses his views on US fixed-income yields and spreads, the housing market and investment opportunities in M&A with Katie Greifeld and Romaine Bostick on "Bloomberg Markets: The Close."
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Bloomberg
BlackRock CEO Fink Sees US Avoiding Recession Until 2025
BlackRock CEO Larry Fink says the US has "a very vibrant economy" and may not enter a recession until 2025. He made the comments during a conversation with Bloomberg's Dani Burger at the Berlin Global Dialogue forum.
Bloomberg
London Home Prices Out of Reach for First-Time Buyers
First-time buyers in the London housing market fell 9% over the last decade as a surge in mortgage rates and high deposit requirements price more buyers out of the market. Sofia Horta e Costa reports on Bloomberg Television.
Bloomberg
El-Erian Expects 'Game of Chicken' in Credit Next Year
Mohamed El-Erian, a Bloomberg Opinion columnist, says he expects "massive" refinancing needs in the high-yield market next year during an interview with Jonathan Ferro on "Bloomberg The Open." El-Erian's opinions are his own.
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Bloomberg
Renting a Room in London Costs Over £1,000 a Month
The average rent for a single room in London has surpassed £1,000 ($1,246) a month for the first time, rising 15% from a year ago, according to data compiled by SpareRoom, a website that matches people seeking roommates. Eamon Farhat...
Bloomberg
RBA Governor's 'Highs and Lowes'
Governor Phil Lowe chairs his last Reserve Bank of Australia meeting on Tuesday as his tumultuous seven-year term draws to a close on Sept. 17. Paul Allen looks at his tenure that saw extraordinary economic events from the pandemic to...
Bloomberg
China Banks Enlisted in Stimulus Push
China may announce that the big state-owned banks are cutting rates on the majority of the nation's 38.6 trillion yuan ($5.3 trillion) of existing mortgages, according to people familiar with the matter. The reductions will only affect...
Bloomberg
China Banks to Cut Rates on Mortgages, Deposits
Bloomberg has learned that China's big lenders are preparing to cut interest rates on existing mortgages and deposits in the latest state-directed measure to shore up growth in the economy. Meanwhile, in the latest indication of its...
Bloomberg
Why UBS Is Still Bullish on US Homebuilders
UBS Securities analyst John Lovallo says his firm remains bullish on US homebuilder stocks due to the lack of existing inventory and resilient demand. "There is just very, very little existing home inventory, 3.2 months to be exact....
Bloomberg
Fitch: China Banks' Net Interest Margins Declining
Grace Wu, head of Greater China bank ratings at Fitch Ratings, discusses the prospects for the banking industry. China's largest banks are preparing to cut interest rates on existing mortgages and deposits, the latest state-directed...
Bloomberg
New Zealand First-Time Homebuyers Seize Brief Window
New Zealand's home-building approvals fell 5.2% month-on-month in July versus revised increase of 3.4% in June. Meanwhile, the country's slump in house price has given first-time homebuyers a welcomed leg up in their quest to purchase a...
Bloomberg
Fed's Goolsbee on Inflation, Wages, Possible Auto Strike
Federal Reserve Bank of Chicago President Austan Goolsbee discusses the path of Fed policy, what a potential UAW strike could mean for the economy and the current level of mortgage rates with Mike McKee on the sidelines of the Federal...
Bloomberg
Fed's Harker on Inflation, Rate Policy and Balance Sheet
Federal Reserve Bank of Philadelphia President Patrick Harker discusses the outlook for monetary policy and the Fed's approach to its balance sheet. He speaks with Bloomberg Television on the sidelines of the Federal Reserve Bank of...
Bloomberg
Janice Eberly on Fed Policy, US Debt, Inflation
Kellogg School of Management Professor of Finance and US Treasury former Assistant Secretary for Economic Policy, Janice Eberly, discusses Fed policy and US debt with Tom Keene, Jonathan Ferro and Lisa Abramowicz, on a special edition of...
Bloomberg
China Eases Mortgage Rules in Bid to Boost Economy
China is further easing its mortgage policies in an effort to halt a slump in the residential property market by allowing more people to be recognized as first-time homebuyers. James Mayger reports on Bloomberg Television.
Bloomberg
NAR Economist Yun Sees US Housing Mismatch, Shortage
National Association of Realtors Chief Economist Lawrence Yun says US home sales are struggling due to the lack of inventory. He speaks with Guy Johnson and Alix Steel on "Bloomberg Markets." Sales of previously owned homes fell in July...
Bloomberg
Why US Housing Is a Tale of Two Markets
Bloomberg Intelligence's Drew Reading discusses why the US housing market is a "tale of two markets" with Lisa Abramowicz on "Bloomberg Surveillance."
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Bloomberg
Kroszner on Inflation, The Economy, Mortgage Rates
Former Federal Reserve Governor, Randall Kroszner, gives his insight on the decline in inflation and whether fiscal or monetary policy can be attributed to it. Kroszner also talks about why expenses are still high for most Americans,...
Bloomberg
Brown Harris CEO Freedman Sees Sluggish Housing Market
Brown Harris Stevens CEO Bess Freedman says the housing market is facing a trifecta of higher rates, constrained inventory and elevated prices. She speaks with Sonali Basak on "Bloomberg Markets."
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