Bloomberg
Kashkari Says Fed Surprised by Economy's Strength
Federal Reserve Bank of Minneapolis President Neel Kashkari says the Fed has made "good progress" on inflation at a conference in Minneapolis.
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Bank Contagion Concerns
Kristin Bitterly, Citi Head of North America Investments and Liz Ann Sonders, Charles Schwab Chief Investment Strategist discuss whether risks from commercial real estate and capital requirements will bleed through to the broader markets.
Bloomberg
Harker Says Fed Is Making Progress in Inflation Fight
"We are at a watershed moment in our economy," Federal Reserve Bank of Philadelphia President Patrick Harker says during remarks at a virtual seminar on shifting perspectives and expectations on employment.
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Deputy Treasury Secretary Wally Adeyemo on China Investment EO, Inflation in the US
Deputy Treasury Secretary Wally Adeyemo discusses the goals of President Biden's China Investment EO and what it means for the US, plus he says the US also wants to coordinate with allies concerning China. He speaks with Bloomberg's...
Bloomberg
Does the Federal Reserve Need Further Interest Rates Hikes?
Top Federal Reserve officials continue to weigh in on the hike versus pause debate, and whether they have already done enough to reign in inflation. Kathleen Hays reports on Bloomberg Television.
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Council of Economic Advisers Former Chair on Jobs Market
Council of Economic Advisers Former Chair Cecilia Rouse says what the Department of Labor reported today was that the U.S. economy added about 187,000 jobs last month, which is a robust number. Cecilia Rouse spoke in an interview with...
Bloomberg
Johnny Cash This Thing
Austan Goolsbee, Chicago Fed president tells us how the Fed plans to walk the thin line of lowering inflation while avoiding an economic downturn.
Bloomberg
Robust Jobs Number
Cecilia Rouse, Former Council of Economic Advisers Chair weighs in on US wages which rose at a faster-than-expected clip and is consistent with strong labor demand.
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Staying Restrictive
Austan Goolsbee, Chicago Fed president and Raphael Bostic, Atlanta Fed president sees strength in the labor market, but believes that the Fed's restrictive policy will remain in place well into 2024.
Bloomberg
Wage Inflation Concern
Lawrence H. Summers, Former Treasury Secretary tells us why he's concerned about wage inflation potentially sparking a reacceleration in inflation. He also explains why he doesn't yet see a soft landing for the US economy.
Bloomberg
US Employment Rises at a More Moderate Pace in July
US nonfarm payrolls increased 187,000 last month following a similar increase in June. The unemployment rate dropped to 3.5% and wage growth rose at a firm pace. Mike McKee reports on "Bloomberg Surveillance."
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El-Erian Says US Can Accommodate 4% Wage Growth
Mohamed El-Erian, chief economic adviser at Allianz and Bloomberg Opinion columnist, says the US economy can persevere the wage growth seen in recent monthly payrolls reports. "We can accommodate this 4% wage growth, provided...
Bloomberg
Jobs Data Signal Rate Hikes Over: BlackRock's Rosenberg
Jeffrey Rosenberg, BlackRock Systemic Multi-Strategy Fund portfolio manager, discusses what the July US employment report means for the yield market with Tom Keene and Lisa Abramowicz on "Bloomberg Surveillance."
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Bloomberg
What to Expect From the July Jobs Report
The US economy is expected to have added 200,000 jobs in July. The report comes out Aug. 4. Bloomberg's Michael McKee has a preview.
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Economist Nordvig on US Credit Downgrade, BOE Decision
Exante Data founder and Chief Executive Officer Jens Nordvig reacts to Fitch's US credit downgrade and looks ahead to the Bank of England's interest rate decision. He speaks on "The Pulse With Francine Lacqua."
Bloomberg
Tech, Finance Rightsizing: Conference Board's Peterson
Dana Peterson, chief economist at the Conference Board, says what consumers see as a "white collar recession" is more about labor shortages versus not during an interview with Lisa Abramowicz on "Bloomberg Surveillance."
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Bloomberg
RBC Capital's Ong on RBA Policy
Su Lin Ong, chief economist RBC Capital Markets, discusses her outlook for RBA policy ahead of the rate decision. She speaks with Bloomberg's Haidi Stroud-Watts and Shery Ahn on "Bloomberg Daybreak: Australia."
Bloomberg
RBA Leaves Cash Rate Target at 4.10%
The Reserve Bank of Australia has kept its key interest rate unchanged on Tuesday following a cooling of inflation pressures and weaker household spending, while keeping the door ajar to future hikes. Yousef Gamal El-Din reports on...
Bloomberg
Fed's Kashkari More Upbeat on Inflation
Federal Reserve Bank of Minneapolis President Neel Kashkari is more upbeat on inflation and when it comes to the US actually avoiding recession. He also warns that higher unemployment would be the cost of achieving a so-called "soft...
Bloomberg
Jitters Over BOJ
Greg Peters, PGIM Fixed Income Co-CIO weighs in on Wall Street shaking off the jitters over the BOJ. He also tells us that it's a great time to invest in fixed income.
Bloomberg
GlobalData. TS Lombard's Blitz on Fed Reaction
Steven Blitz, Chief US Economist at GlobalData. TS Lombard, reacts to Fed's latest decision. He speaks with David Ingles, Yvonne Man and Kathleen Hays on "Bloomberg Markets: China Open".
Bloomberg
Tech Will Be a Loser During Earnings Season: Suzuki
Dan Suzuki, Richard Bernstein Advisors Deputy CIO, is sounding the alarm on tech stocks and says "tech is going to be a loser" when it comes to earnings. He's on "Bloomberg the Open."
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How Many More Hikes
The Fed is set to hike rates and Kristina Hooper, Invesco Chief Global Market Strategist & Saira Malik, Nuveen CIO weigh in on investor sentiment following better-than-expected economic data.
Bloomberg
US Jobless Claims Decrease to Two-Month Low at 228,000
Initial unemployment claims in regular state programs fell to 228,000 in the week ending July 15. Michael McKee has the details on Bloomberg Television.