Bloomberg
El-Erian 'Terrified' of Central Banks Losing Autonomy
"I am terrified that if central banks don't own their mistakes...people are going to say 'You're not accountable enough,'" Mohamed El-Erian, a Bloomberg Opinion columnist, says during a panel discussion in Washington. El-Erian's opinions...
Bloomberg
Summers: Still Looking at a 'Hard to Read Economy'
Former US Treasury Secretary Lawrence Summers comments on the current state of the US economy during an interview with David Westin on "Wall Street Week Daily."
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Bloomberg
Fed's Waller: Still More Work to Do on Inflation
"Monetary policy needs to be tightened further," Federal Reserve Governor Christopher Waller says in a speech in San Antonio, Texas.
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Bloomberg
Fed Pause Could Be 'Very Big Mistake': Morgan Stanley
Morgan Stanley Wealth Management CIO Lisa Shalett says a Federal Reserve rate hike in May "remains to be seen" and first-quarter earnings are "highly unlikely" to be the trough in earnings during an interview with Jonathan Ferro on...
Bloomberg
Fed's Logan Says Inflation Has Been Much Too High
Federal Reserve Bank of Dallas President Lorie Logan outlines what she's monitoring in the economy to show the Fed has made enough progress in the fight to bring down inflation. She speaks at a Fed Listens event in Odessa, Texas.
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Bloomberg
Wells Fargo's Han Expects 10% Market Correction
"The market has gotten a little ahead of itself and that's going to need a correction," Wells Fargo Securities Equity Strategist Anna Han says during an interview on "Bloomberg Markets: The Close." Han also says she expects the Federal...
Bloomberg
El-Erian: Fed Too Data-Dependent, Has to Get 'Anchored'
"I do not see interest rates going down quickly," Mohamed El-Erian, a Bloomberg Opinion columnist, says during an interview with Jonathan Ferro on "Bloomberg The Open." El-Erian's opinions are his own.
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Bloomberg
El-Erian Sees a Credit Contraction, Not a Credit Crunch
Mohamed El-Erian, a Bloomberg Opinion columnist, says the distribution effects of the current credit contraction will unfortunately hit small businesses harder than big businesses during an interview with Jonathan Ferro on "Bloomberg The...
Bloomberg
Mester Expects Fed to Reach 2% Inflation Goal in 2025
Federal Reserve Bank of Cleveland President Loretta Mester discusses her expectations for the Fed's interest rate path and outlook for reaching the central bank's inflation target in a speech in Akron, Ohio on Thursday.
Bloomberg
Fed's Waller Sees 'Promise' in Using Blockchain Tech
Federal Reserve Governor Christopher Waller sees potential for using blockchain technology to record trades in traditional assets during remarks at the Cryptocurrency and the Future of Global Finance event in Sarasota, Florida.
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Bloomberg
Investors Need to Take Caution in Positioning: Ng
"We are going through a period of a fair amount of uncertainty," says Kheng Siang Ng, APAC head of fixed income at State Street Global Advisors. Because of that, he says, "investors need to take a fair bit of caution in positioning." He...
Bloomberg
Markets in 3 Minutes: Even US Stocks Can Gain From Bear Squeeze
Mark Cudmore and Anna Edwards break down today's key themes for analysts and investors on "Bloomberg Markets: Europe."
Bloomberg
JPMorgan Asset Management Says US Regional Banks 'Area of Concern'
Jonathan Liang, head of investment specialists for Asia ex-Japan at JPMorgan Asset Management, discusses how the Federal Reserve's policy, the concerns of a potential U.S. recession and the regional banking crisis are affecting financial...
Bloomberg
Bowman Doubts Benefit of Central Bank Digital Currency
"It's difficult to imagine a world where the tradeoffs between benefits and unintended consequences could justify a direct access CBDC for uses beyond interbank and wholesale transactions," Federal Reserve Governor Michelle Bowman says...
Bloomberg
Federal Reserve's Bostic, Bullard See Higher Interest Rates
Two Federal Reserve officials see at least one more interest rate hike. Atlanta Fed President Raphael Bostic told CNBC he favors raising rates one more time and then holding them above 5% for some time, while St. Louis Fed...
Bloomberg
State Street Likes EM Asia, 'Bit Negative' on Japanese Stocks
"We specifically prefer a little bit more the South Asia, Southeast Asia, ASEAN region compared to North Asia." Yuting Shao, macro strategist at State Street Global Markets, discusses Federal Reserve policy and shares her views on...
Bloomberg
Asia, Emerging Markets Likely to Outperform, NF Trinity CIO Says
Helen Zhu, managing director and chief investment office at NF Trinity, shares her views on bonds, stocks and Federal Reserve policy. She speaks on "Bloomberg Markets: Asia" with Rishaad Salamat, Yvonne Man and David Ingles.
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Bloomberg
JPM's Barry Expects Lower Yields, No Imminent Recession
Jay Barry, JPMorgan co-head of rates strategy, says the Federal Reserve will hike one more time then stay on hold until next year during an interview with Romaine Bostick on "Bloomberg Markets: The Close."
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El-Erian Worried Banking 'Cancer' Starting to Spread
Mohamed El-Erian, a Bloomberg Opinion columnist, says the US is in "phase two" of the banking crisis and warns that the financial system lacks "anchors" right now during an interview with Jonathan Ferro on "Bloomberg The Open."...
Bloomberg
Fed Won't Quit Until Labor Market Quits, Kroszner Says
"This is not a quitting labor market," former Federal Reserve Governor Randy Kroszner says on "Bloomberg Surveillance." The unemployment rate declined to 3.4% and monthly wage gains accelerated in April, a Bureau of Labor Statistics...
Bloomberg
Waller: No Serious Financial Risk From Climate Change
"Climate change is real, but I do not believe it poses a serious risk to the safety and soundness of large banks or the financial stability of the United States," Federal Reserve Governor Christopher Waller says at a conference in...
Bloomberg
Federal Reserve Officials Want to Keep the Optionality, JPMorgan Says
Iain Stealey, international chief investment officer for global fixed income, currency and commodities at JPMorgan Asset Management, discusses policies of the Federal Reserve, the European Central Bank, the Bank of England and the...
Bloomberg
Bill Dudley Sees US Inflation Below 3% by End of Year
Former Federal Reserve Bank of New York President and Bloomberg Opinion columnist Bill Dudley says a pullback in the rise of housing costs will push the headline US inflation rate below 3% by the end of 2023. "Housing inflation is going...
Bloomberg
Is the Federal Reserve Going to Start Cutting Rates This Year?
Tai Hui, chief market strategist for Asia Pacific at JPMorgan Asset Management, discusses the state of the US economy, financial markets and Federal Reserve policy. He speaks with Yvonne Man and David Ingles on "Bloomberg Markets: China...