Bloomberg
Bullard Says Fed Can Still Achieve a Soft Landing
Federal Reserve Bank of St. Louis President James Bullard says he supported the Fed's last 25 basis point rate hike during an Economic Club of Minnesota luncheon.
Follow Bloomberg for business news & analysis, up-to-the-minute market...
Bloomberg
'Door Is Open' to Another Fed Hike: Strategist Roland
John Hancock Investment Management co-Chief Investment Strategist Emily Roland says the April US employment report suggests that the "door is open" for another Federal Reserve rate hike in June. She speaks on "Bloomberg Markets: The...
Bloomberg
US Jobless Claims Rise by the Most in Six Weeks
Initial unemployment claims rose by 13,000 to 242,000 in the week ended April 29, Labor Department data showed. Continuing claims fell by 38,000 to 1.81 million in the week ended April 22. Mike McKee looks at the numbers on "Bloomberg...
Bloomberg
Fed's Powell Says Banking-Sector Conditions Have 'Broadly Improved'
Federal Reserve Chairman Jerome Powell speaks about the decision by the Fed's policy-setting Federal Open Market Committee to raise its benchmark interest rate by a quarter of a percentage point.
Follow Bloomberg for business news &...
Bloomberg
Fed's Powell on Recent Bank Crisis: 'We're on the Case'
"Many, many banks are now attending to liquidity," Federal Reserve Chair Jerome Powell says during a news conference after the Fed raised interest rates by a quarter percentage point and hinted it may be the final move.
Follow Bloomberg...
Bloomberg
Fed Raises Rates a Quarter Point, Signals Possible Pause
The Federal Reserve raised interest rates by a quarter percentage point and hinted it may be the final move in the most aggressive tightening campaign since the 1980s. Mike McKee reports on "Bloomberg Surveillance: The Fed...
Bloomberg
Fed's Powell: Ongoing Assessment If Rates Restrictive
Federal Reserve Chair Jerome Powell says it is not possible to say rates are sufficiently restrictive right now during a news conference after the Fed raised interest rates by a quarter percentage point and hinted it may be the final...
Bloomberg
Clear Fed Will Now Pause Hikes: BlackRock's Rosenberg
The Federal Reserve policy statement is "pretty much spot-on for market expectations," Jeffrey Rosenberg, BlackRock Systemic Multi-Strategy Fund portfolio manager, says during an interview of "Bloomberg Surveillance: The Fed...
Bloomberg
Powell: Inflation Outlook Doesn't Support Fed Rate Cuts
Federal Reserve Chair Jerome Powell says the outlook for inflation makes it inappropriate to cut rates during a news conference after the Fed raised interest rates by a quarter percentage point and hinted it may be the final...
Bloomberg
Summers on Banking Crisis, Fed Decision, Debt Ceiling
Former Treasury Secretary Lawrence Summers says we're probably over the vast majority of the banking traumas, but some issues do remain. He also talks about the impasse in Washington over raising the federal debt limit and what he...
Bloomberg
Calstrs CIO Ailman Sees US Economy 'Muddling Along'
Christopher Ailman, chief investment officer for the California State Teachers' Retirement System, discusses the state of he US economy and financial markets with Romaine Bostick at the Milken Institute Global Conference in Beverly...
Bloomberg
Fed Likely to Cut Rates Early 2024: Nuveen's Rodriguez
"A mild recession is likely to kick in early in 2024," Tony Rodriguez, Nuveen's head of fixed-income strategy, says during an interview with Jonathan Ferro on "Bloomberg The Open."
Follow Bloomberg for business news & analysis,...
Bloomberg
Regional Banks a Worry for Real Estate: Vistria's Anadu
Vistria Capital Senior Partner Margaret Anadu says the regional bank crisis is a concern for the real estate market during an interview with Sonali Basak at the Milken Institute Global Conference in Beverly Hills, California.
Follow...
Bloomberg
RBA Raises Cash Rate Target 25 Basis Points to 3.85%
Australia's central bank signaled further policy tightening ahead after unexpectedly raising interest rates by a quarter-percentage point on Tuesday. MLIV's Garfield Reynolds discusses the hike on Bloomberg Television.
Bloomberg
Kaplan on Fed Monetary Policy, US Banking Industry
Former Federal Reserve Bank of Dallas President Robert Kaplan discusses monetary policy and the state of the US banking industry. The Fed is expected to deliver a 25 basis-point interest-rate increase and signal a pause in its aggressive...
Bloomberg
OCBC Wealth Management 'Relatively Positive' on Markets Medium Term
"If you take a medium term view of the markets, we remain constructive. We remain relatively positive. But in the short term, as you highlighted earlier in the show, a whole slew of headwinds." Vasu Menon, executive director of...
Bloomberg
Seeing More Fixed Income Opportunities in Asia: Chan
"In Asia, we are gradually seeing more and more opportunities on the recovery." Vanessa Chan, head of Asian fixed income investment directing at Fidelity International, discusses Federal Reserve policy, her investment strategy and where...
Bloomberg
Fed Should Do 'Hawkish Pause,' Kaplan Says
Former Federal Reserve Bank of Dallas President Robert Kaplan discusses monetary policy and the state of the US banking industry. The Fed is expected to deliver a 25 basis-point interest-rate increase and signal a pause in its aggressive...
Bloomberg
JPMorgan PB Has Been Reluctant to Short Dollar, Strategist Says
Julia Wang, global market strategist at JPMorgan Private Bank, discusses the state of the US economy, Federal Reserve policy and the implications for financial markets. She also talks about China's economy and the opportunities she sees...
Bloomberg
Fed Should End 'Crazy' Policy Tightening, Says SMBC's Lavorgna
SMBC Nikko Securities Chief Economist Joseph Lavorgna says the Federal Reserve should begin to cut interest-rates to limit the impact of recession he predicts for the third-quarter of this year. "The Fed will be cutting and should be...
Bloomberg
When Is the Federal Reserve Going to Start Cutting Interest Rates?
Hebe Chen, market analyst at IG, discusses Federal Reserve policy and the implications for financial markets. She also discusses the outlook for China's economy with Shery Ahn and Haidi Stroud-Watts on "Bloomberg Daybreak: Australia."
Bloomberg
Fixed Income Bit More Appealing Than Stocks: Manulife Investment Management
Sue Trinh, co-head of global macro strategy at Manulife Investment Management, discusses policies of central banks including the Federal Reserve and the implications for financial markets. She speaks with David Ingles, Yvonne Man and...
Bloomberg
What Recent Economic Data Mean for the Fed
Bloomberg Intelligence's Ira Jersey discusses what the recent economic data mean for the path of Federal Reserve monetary policy. He speaks on "Bloomberg Surveillance."
Follow Bloomberg for business news & analysis, up-to-the-minute...
Bloomberg
US GDP Slows More Than Expected as Jobless Claims Fall
US economic growth slowed more than expected in the first quarter. GDP rose at a 1.1% annualized rate as applications for unemployment benefits fell for the first time in three weeks. Mike McKee reports on "Bloomberg The Open."
Follow...