Bloomberg
Rep. McHenry Grills Regulators on SVB Awareness
US Representative Patrick McHenry grills Treasury Undersecretary for Domestic Finance Nellie Liang, Federal Reserve Vice Chair for Supervision Michael Barr and FDIC Chair Martin Gruenberg on the timing of their awareness of the impending...
Bloomberg
Fed's Barr: Bank Management and Regulators Failed on SVB
Federal Reserve Vice Chair for Supervision Michael Barr says the failure of bank management, supervisors and the US regulatory system caused the SVB collapse in response to Representative Maxine Waters during a House Financial Services...
Bloomberg
Bank Crisis Has Opened Pandora's Box: TD's Misra
"There are massive unrealized losses sitting on bank balance sheets," TD Securities Global Head of Rates Strategy Priya Misra says. Speaking during an interview with Jonathan Ferro on "Bloomberg The Open," Misra advises investors to own...
Bloomberg
Fed Will Cut Much More Than Expected, TD's Misra Warns
TD Securities Global Head of Rates Strategy Priya Misra says the Federal Reserve will start cutting rates much later in the year but will cut a lot more than what markets are currently expecting. She speaks with Jonathan Ferro on...
Bloomberg
Senators Sound Off on Bank Failures
Senators from both sides of the aisle share their thoughts about the collapse of Silicon Valley Bank and who was to blame. Regulators testified before the Senate Banking Committee.
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Bloomberg
Day of Reckoning Ahead for Markets: Bowersock's Hill
Bowersock Capital Advisors CEO and Founding Partner Emily Hill explains why she thinks the S&P 500 Index will likely retest the lows of June and September in the first half of 2023 during an interview with Lisa Abramowicz on "Bloomberg...
Bloomberg
Fed's Barr Says US Banks Are 'Sound and Resilient'
"We will continue to closely monitor conditions in the banking system and are prepared to use all of our tools for any size institution, as needed," Fed Vice Chair for Surpervision Michael Barr says during a Senate Banking Committee...
Bloomberg
JPM's Fitzsimmons: Still Room for Dollar to Move Lower
Laura Fitzsimmons, executive director at JPMorgan Australia, discusses Federal Reserve policy, her outlook for the dollar and what she's expecting from the Reserve Bank of Australia. She speaks on Bloomberg Television.
Bloomberg
Bullard Says Fed Needs Rates Above 5%
Federal Reserve Bank of St. Louis President James Bullard says he expects inflation to be stickier. Speaking with Mike McKee on "Bloomberg Surveillance," Bullard also says it is too early to tell if the surprise OPEC+ production cuts...
Bloomberg
Fed's Bullard: Markets Should 'Listen to Me' on Rates
Federal Reserve Bank of St. Louis President James Bullard comments on the disconnect between his views on rates and market expectations during an interview with Mike McKee on "Bloomberg Surveillance."
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Bloomberg
Fed Will Probably Cut Rates This Year: Pimco's Wilding
Pimco North American Economist and Managing Director Tiffany Wilding says the probability of a "modest" recession this year has increased during an interview on "Bloomberg Markets: The Close."
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Bloomberg
US Has Probably Reached Peak Inflation: Pimco's Wilding
Pimco North American Economist and Managing Director Tiffany Wilding says the Federal Reserve "can probably sit back now and let tight conditions run their course" during an interview on "Bloomberg Markets: The Close."
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Bloomberg
Fed's Collins on Inflation, Rates Path, Banking System
Federal Reserve Bank of Boston President Susan Collins discusses her takeaways from the US inflation data released on Friday, monetary policy, and the Fed's response to the recent collapse of several mid-size banks on "Bloomberg...
Bloomberg
Key Gauge of US Inflation Cools, Spending Moderates
The Federal Reserve's preferred inflation gauge, the personal consumption expenditures price index, rose 0.3% in February after the prior month was revised down slightly. Consumer spending, adjusted for prices, fell 0.1% after surging an...
Bloomberg
Fed Will Start Cutting Rates in September: JPM's Michele
Bob Michele, JPMorgan Asset Management CIO and global head of fixed income, discusses his fixed-income investment strategy during an interview with Lisa Abramowicz on "Bloomberg The Open."
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Bloomberg
El-Erian Says Fed Can't React to Every Piece of Data
Mohamed El-Erian, chief economic adviser at Allianz and Bloomberg Opinion columnist, says that the Federal Reserve should stay focused on price stability and not overreact to the recent turmoil in banking. "The worst thing that we could...
Bloomberg
Kashkari: Too Early to Gauge Economic Impact of SVB
"What's unclear right now is how much of the banking stresses of the past few weeks is leading to a sustained credit crunch which would then slow down the US economy," Federal Reserve Bank of Minneapolis President Neel Kashkari says...
Bloomberg
Hoenig: Regulators Should Be 'Scrubbing' Bank Portfolios
Federal regulators "have a lot of work on their plate" in the wake of the SVB fallout, former Federal Reserve Bank of Kansas City President Thomas Hoenig says during an interview on "Bloomberg Markets."
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Bloomberg
Biden Administration Proposes Tougher Bank Rules
President Joe Biden's administration is pressing regulators to tighten the rules for mid-sized banks. The White House called for federal banking agencies, in conjunction with the Treasury, to enact a series of changes to tighten rules....
Bloomberg
El-Erian Says Jobs Data Raises Probability of 25Bps Fed Move in May
Mohamed El-Erian, chief economic adviser at Allianz and Bloomberg Opinion columnist, says the stronger-than-anticipated US jobs report increases the probability of a Federal Reserve interest-rate hike in May. "The CPI number is going to...
Bloomberg
Bond Market Knows Something Is Broken, Yardeni Says
Yardeni Research President and Chief Investment Strategist Ed Yardeni says the bond market is stating that the Federal Reserve has done enough during an interview with Vonnie Quinn on Bloomberg Television.
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Bloomberg
Fed's Emergency Loans to Banks Decline for Third Week
US institutions had a combined $148.7 billion in outstanding borrowings in the week through April 5, compared with $152.6 billion the previous week. Romaine Bostick reports.
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Bloomberg
Fed Won't Be Cutting Rates in 2023: BlackRock's Petersen
Ann-Katrin Petersen, BlackRock Investment Institute senior investment strategist, says she prefers emerging-market equities given the diverging earnings trends and also likes the short end in government bonds. She speaks with Guy Johnson...
Bloomberg
Bond Yields Can Go Quite a Bit Lower: Julius Baer's Matthews
Mark Matthews, head of Asia research at Julius Baer, discusses the current bond rally, Federal Reserve policy and his investment strategy. He speaks on Bloomberg Television.