Bloomberg
Cliff Asness: Equities Are a 'Scary Place' to Be in a Recession
Cliff Asness, AQR Managing Principal and CIO, says equities and bonds are telling different stories about the probablity of a looming US recession. Asness thinks that stocks stand to suffer more than bonds if and when a recession foes...
Bloomberg
Bill Dudley Sees Fed Pause in June, Likely Hike in July
Former Federal Reserve Bank of New York President and Bloomberg Opinion columnist Bill Dudley expects the Federal Reserve to pause on raising interest rates at the next FOMC meeting in June, then resuming its round of policy-tightening...
Bloomberg
Jefferson Says Fed Pause Doesn't Mean Rates at Peak
"A decision to hold our policy rate constant at a coming meeting should not be interpreted to mean that we have reached the peak rate for this cycle," Federal Reserve Governor Philip Jefferson says in an online presentation on financial...
Bloomberg
Harker Favors Fed Skipping Rate Hike at Next Meeting
"I think we can take a bit of a skip for a meeting," Federal Reserve Bank of Philadelphia President Patrick Harker says during an event at the Philadelphia Fed.
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Bloomberg
Fed's Beige Book Shows Signs of Economic Cooling
"Employment increased in most districts, though at a slower pace than in previous reports," the Federal Reserve said Wednesday in its Beige Book survey of regional business contacts. Mike McKee reports on "Bloomberg Markets: The...
Bloomberg
BlackRock's Boivin Sees 'Reasonable' Odds of Fed Hike
Jean Boivin, head of BlackRock Investment Institute, says the Federal Reserve isn't cutting rates anytime soon during an interview with Jonathan Ferro on "Bloomberg The Open."
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Bloomberg
Morgan Stanley: 'Long' 5-Year Treasuries, Warming Up for Duration
Vishwanath Tirupattur, chief fixed income strategist and director of quantitative research at Morgan Stanley, discusses the outlook for the market, Federal Reserve policy and the US economy. He speaks from the sidelines of the Morgan...
Bloomberg
ANZ Sees Dollar Upside in Short Term, to Weaken Longer Term
Mahjabeen Zaman, head of foreign exchange strategy at Australia & New Zealand Banking Group Ltd., discusses the deal between President Joe Biden and House Speaker Kevin McCarthy on the US debt ceiling, Federal Reserve policy, and the...
Bloomberg
Hedge Fund Basis Trade Draws Fresh US Scrutiny
Officials at the SEC and the Federal Reserve have questioned prime brokers about leveraged trading in government bonds by their fast-money clients, according to people familiar with the matter. Sonali Basak has more on "Bloomberg...
Bloomberg
US Consumer Spending and Inflation Pick Up
The personal consumption expenditures price index rose a faster-than-expected 0.4% in April as the core PCE index increased 0.4%. Mike McKee breaks down the numbers on "Bloomberg Surveillance."
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Bloomberg
El-Erian Predicts Fed Rate Hike at June FOMC Meeting
Mohamed El-Erian, chief economic adviser at Allianz and Bloomberg Opinion columnist, says an "overly data dependent" Federal Reserve will raise its benchmark interest rate at the next policy meeting in June. He speaks on "Bloomberg The...
Bloomberg
Collins: Fed May Be at or Near Point It Can Pause Hikes
"I believe we may be at, or near, the point where monetary policy can pause raising interest rates," Federal Reserve Bank of Boston President Susan Collins says at an event in Rhode Island.
Bloomberg
Kaplan Wants to See 'Hawkish Pause' by Federal Reserve
Former Federal Reserve Bank of Dallas President Robert Kaplan discusses monetary policy. Fed officials are leaning toward pausing interest-rate increases at their meeting in June amid heightened uncertainty over the outlook, but signaled...
Bloomberg
Minutes Show Fed Divided on Further Rate Increases
Federal Reserve officials were divided over whether further interest-rate increases would be necessary to lower inflation, minutes from the FOMC's May 2-3 meeting show. Mike McKee reports on "Bloomberg Markets: The Close."
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Bloomberg
Fed Will Continue to 'Step on the Brakes': Apollo's Slok
"Banks are seeing much less demand," Apollo Global Management Chief Economist Torsten Slok says during an interview with Tom Keene and Lisa Abramowicz in "Bloomberg Surveillance."
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Bloomberg
Ken Moelis on Inflation, Tech Hirings, M&A
Ken Moelis, chairman and chief executive officer of Moelis & Co., discusses the path of US inflation, hiring former Silicon Valley Bank managing directors following its collapse, and outlook for mergers and acquisitions. He speaks with...
Bloomberg
Fed Ready to Move But Will Pause, Economist Swonk Says
KPMG Chief Economist Diane Swonk says the Federal Reserve will pause rate hikes "no matter what" in June with Romaine Bostick on "Bloomberg Markets: The Close."
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Bloomberg
Fed's Daly: Credit Tightening May Lead to a Couple Hikes
"We do see institutions pulling back on loan volumes and raising loan standards," Federal Reserve Bank of San Francisco President Mary Daly says while answering questions via video conference at an event in Paris.
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Bloomberg
Fed Is Probably Done Raising Rates, Abrdn's Athey Says
Abrdn Investment Director James Athey discusses the outlook for Federal Reserve monetary policy and the potential impact on bond yields with Jonathan Ferro on "Bloomberg The Open."
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Bloomberg
Evercore's Schlosstein Expects Fed to Pause Rate Hikes
Evercore Chairman Emeritus Ralph Schlosstein predicts the Federal Reserve won't raise its benchmark interest rate at the next policy-setting meeting in June. "I think the next move is a pause," he says on "Bloomberg Markets."
Bloomberg
Fed's Bullard: Wall Street Overbetting on Recession Odds
Federal Reserve Bank of St. Louis President James Bullard says he expects "relatively slow growth" for the rest of this year and going into 2024 during a moderated discussion at an event in Fort Lauderdale, Florida.
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Bloomberg
Bullard Expects Two More Fed Rate Hikes in 2023
"I think we're going to have to grind higher with the policy rate," Federal Reserve Bank of St. Louis President James Bullard says during a moderated discussion at an event in Fort Lauderdale, Florida.
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Bloomberg
Bostic Says Fed Liquidity May Need to Be More Nimble
Federal Reserve Bank of Atlanta President Raphael Bostic says there are operational challenges when it comes to a 24/7 discount window at an event hosted by the Federal Reserve Bank of Richmond.
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Bloomberg
Powell: Fed 'Strongly Committed' to 2% Inflation Goal
Federal Reserve Chair Jerome Powell says the central bank is "strongly committed" to bringing inflation down to 2% during a panel discussion at the Thomas Laubach Research Conference in Washington.
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