Bloomberg
Kashkari Says He Expects One More Rate Hike This Year
Federal Reserve Bank of Minneapolis President Neel Kashkari said he expects the US central bank will need to raise interest rates one more time this year and keep policy tighter for longer if the economy is stronger than expected....
Bloomberg
Rob Arnott on Fed, Inflation, Perfect Value Environment
Rob Arnott, chairman and founder at Research Affiliates, discusses inflation, the chances of a hard landing for the US economy, and a "near perfect" environment for value investing on "Bloomberg Brief."
Bloomberg
Why Apollo's Zelter Is 'Skeptical' of a Soft Landing
James Zelter, co-president of Apollo Global Management Inc., said the effects of tighter monetary policy from central banks still haven't been fully felt, leaving him "skeptical" about a soft economic landing. He spoke Thursday at the...
Bloomberg
US Jobless Claims Fall to Eight-Month Low of 201,000
Initial unemployment claims in regular state programs fell to 201,000 in the week ending September 16, the lowest level since January. Michael McKee has the details on Bloomberg Television.
Bloomberg
Powell's Key Comments After Fed Leaves Rates Unchanged
Federal Reserve Chair Jerome Powell spoke at a press conference after the central bank left its benchmark interest rate unchanged while signaling borrowing costs will likely stay higher for longer. Here are his key remarks.
Bloomberg
Federal Reserve May Cut Interest Rates in 4Q 2024, Lockhart Says
Dennis Lockhart, former president of the Federal Reserve Bank of Atlanta, discusses monetary policy and the outlook for the economy. The Fed on Wednesday left its key rate unchanged while signaling borrowing costs will likely stay higher...
Bloomberg
Yellen Slams 'Entirely Unwarranted' Fitch US Downgrade
Treasury Secretary Janet Yellen said, "Fitch's decision is puzzling in light of the economic strength we see in the United States," as she blasted the move by Fitch Ratings to strip the US of its top-tier credit rating. Yellen spoke...
Bloomberg
Julius Baer Is 'Overweight' US Stocks; Likes Japan, India
Mark Matthews, head of Asia research at Julius Baer, explains why he favors stocks in the US, Japan and India. He also shares his views on China's economy, the government's efforts to support growth, and the implications for financial...
Bloomberg
Former Dallas Federal Reserve Chief Kaplan Expects 'Pause' Next Week
"We'll see a pause next week. However, the economy is resilient heavily because of fiscal spending. Unspent American Rescue Act funds the Inflation Reduction Act, the Infrastructure Act. And because of that, the Fed is going to need to...
Bloomberg
Evercore's Schlosstein on US Recession, Economic Uncertainty
Ralph Schlosstein, chairman emeritus at Evercore, discusses the chance of the US dodging a Recession, the risks of Federal Reserve policy, uncertainty on the US economy, and his view of M&A activity. He speaks on "The Pulse With Francine...
Bloomberg
US CPI May Throw Curveball to Yen Rally
The odds have shifted to the yen's favor at the start of the week but it may still be vulnerable to sharp movements as the U.S. consumer price index print and central bank meetings loom large in markets. Paul Jackson reports on Bloomberg...
Bloomberg
Fed May Still Have to Do More for US Economy: Gruenwald
"Although the base line is for a soft landing, the risk is that the Federal Reserve may have to do more." Paul Gruenwald, global chief economist at S&P Global Ratings, discusses the US economy, the risks he's been seeing and his outlook...
Bloomberg
China's Challenge Is Move to Services Orientation: CLSA
"The real challenge for China is to move toward a services orientation and to grow consumption." Shaun Cochran, head of research at CLSA, discusses China's economy and his outlook for the US. He speaks on Bloomberg Television.
Bloomberg
Fed's Bostic Expects 'Shaking Out' of Existing US Debt
Federal Reserve Bank of Atlanta President Raphael Bostic said there will be a period of some disruption for the US economy as debts are refinanced at significantly higher interest rates. Bostic spoke Friday at the South African Reserve...
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
Bridgewater's Karniol-Tambour Doesn't See Fed Rate Cuts Anytime Soon
Bridgewater Co-Chief Investment Officer Karen Karniol-Tambour says the Federal Reserve may be slower to cut rates than many market participants expect. This interview for "Bloomberg Wealth with David Rubenstein" was recorded August 30th...
Bloomberg
US Companies Add the Fewest Jobs Since March
Private payrolls rose by 177,000 in August following an upwardly revised 371,000 increase in the prior month, according to figures published Wednesday by the ADP Research Institute. Michael McKee has the details 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
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
US Recession Is Delayed, Not Canceled, Thornburg Says
Jeffrey Klingelhofer, co-head of investments and managing director at Thornburg Investment Management, discusses the outlook for US and Chinese economies, and the implications for financial markets. He speaks with Paul Allen on...
Bloomberg
Yellen Sees Path to Easing Inflation
US Treasury Secretary Janet Yellen says she sees a path to easing inflation without hurting employment. Christopher Condon reports on Bloomberg Television.
Bloomberg
Fed Faces Diverging Inflation Metrics
A tough job for economists, investors and policy makers is getting even tougher. The two top US inflation metrics are moving in opposite directions ahead of the next Federal Reserve meeting. Kathleen Hays reports on Bloomberg Television.
Bloomberg
Paul Krugman: Alien Invasion Would Be Inflationary
Nobel Laureate in Economic Sciences Paul Krugman says an alien invasion would be inflationary because "wars almost always are." Krugman spoke with Joe Weisenthal and Tracy Alloway on the Bloomberg "Odd Lots" podcast.