Bloomberg
Target slumps on profit warning
Joe Gilbert, Integrity Asset Management Portfolio Manager, joined "Bloomberg Markets: The Close" to discuss the markets.
Bloomberg
IMF Executive Director Subramanian: SVB Fiasco Is Canary in Coalmine
Krishnamurthy Subramanian, executive director of the International Monetary Fund and former chief economist adviser for India, shares his views on the banking crisis and Federal Reserve policy. He speaks with Vonnie Quinn, Kathleen Hays...
Bloomberg
Goldman Sachs Says Bet on a Weaker U.S. Dollar
Jan.10 -- The U.S. dollar has slipped from its 2018 high as Federal Reserve Chairman Jerome Powell has hinted he's ready to pause in hiking rates while he assesses risks to the U.S. economy.
Bloomberg
Citigroup CEO Fraser: Powell's Latest Rate Move Was 'Jolly Sensible'
Citigroup Inc. Chief Executive Officer Jane Fraser talks about the Federal Reserve's decision to raise interest rates at a ninth straight meeting, and the prospects for the US economy. She speaks with David Rubenstein at the Economic...
Bloomberg
Closer to the End of Fed Hikes: Principal AM's Wan
Howe Chung Wan, head of Asian fixed income at Principal Asset Management, discusses the bond market, the disconnect between markets and the Federal Reserve and his outlook for the yield curve. He speaks on Bloomberg Television.
Bloomberg
Fed Raises Rates 25 Bps, Signals Further Hikes Ahead
The Federal Reserve's policy-setting FOMC voted unanimously to increase its target for the federal funds rate to a range of 4.75% to 5%, the highest since September 2007. Mike McKee reports on "Bloomberg Surveillance: The Fed...
Bloomberg
Quite a Bit of Credit Tightening in Pipeline: KPMG's Swonk
"The Fed is basically saying we just don't know how much credit tightening is in the pipeline," KPMG Chief Economist Diane Swonk says. The policy-setting FOMC voted unanimously to increase its target for the federal funds rate to a range...
Bloomberg
Powell: Fed Considered Rate Pause, Consensus Backed Hike
Federal Reserve Chair Jerome Powell says policy makers considered a pause in their interest-rate hiking campaign in light of the recent banking turmoil.
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Bloomberg
Powell: Fed Officials Don't Expect Rate Cuts This Year
"At the end of the day we will do enough to bring inflation down to 2%," Federal Reserve Chair Jerome Powell says during a news conference after the FOMC voted unanimously to increase its target for the federal funds rate to a range of...
Bloomberg
Fed's Powell Says Some Additional Policy Firming May Be Appropriate
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.
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Bloomberg
Federal Reserve Pause Would Have Been Appropriate: Former Vice Chair
Former Federal Reserve Vice Chair Alan Blinder discusses the central bank's decision to raise interest rates at a ninth straight meeting. The Federal Open Market Committee indicated there may be more hikes to come in a clear sign it's...
Bloomberg
Markets in 3 Minutes: Can Fed Hike And Still Reassure Markets?
Mark Cudmore and Francine Lacqua break down today's key themes for analysts and investors on "Bloomberg Markets Europe."
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Bloomberg
Bank Crisis Not a Credit Crunch: Morgan Stanley's Caron
The recent turmoil in banks is "a heavy blow to confidence," Morgan Stanley Global Balanced Funds co-CIO Jim Caron says. Speaking during an interview with Jonathan Ferro on "Bloomberg The Open," Caron also discusses his views on the...
Bloomberg
Fed Is Between a Rock and a Hard Place: HSBC's Neumann
Frederic Neumann, chief Asia economist at HSBC, discusses the upcoming Federal Reserve policy decision, its potential impact on markets and his outlook for Asian banks. He speaks on Bloomberg Television.
Bloomberg
Federal Reserve Caught Between Inflation and Banking Crisis
Federal Reserve Chair Jerome Powell and his colleagues began their meeting Tuesday with the outcome unusually unclear as they try to balance their fight against inflation against a sudden banking crisis. Kathleen Hays reports on...
Bloomberg
Yellen Calls Current Inflation Levels 'Unacceptable'
US Treasury Secretary Janet Yellen says President Joe Biden's budget proposal can complement the Federal Reserve in fight against inflation. She speaks during testimony before the Senate Finance Committee.
Bloomberg
Summers: US Right to Back Deposits at Silicon Valley Bank
Larry Summers, former US Treasury Secretary, says the government did the right thing by backing customer deposits made at Silicon Valley Bank and Signature Bank. He speaks to Bloomberg's David Westin on "Wall Street Week Daily." ...
Bloomberg
Emerging Market Assets to Perform Well When Fed Stops Hiking: Eaton Vance
Akbar Causer, portfolio manager at Eaton Vance, which is part of Morgan Stanley's asset management division, discusses the outlook for emerging-market assets and the opportunities he sees. He speaks with Shery Ahn, Haidi Stroud-Watts...
Bloomberg
Fed Seeks Public Feedback on U.S. Digital-Coin Issuance
The Federal Reserve solicited feedback through a 35-page discussion paper on a government-backed coin. The the central bank made no firm conclusions on whether the U.S. should issue a digital dollar and said it didn't intend to proceed...
Bloomberg
Asian Banks in 'Very Good Position,' UBS Global Wealth Management Says
Kelvin Tay, chief investment officer for South Asia Pacific at UBS Global Wealth Management, discusses the outlook for Asian economies including Singapore, the region's financial markets and central banks' policies, and the opportunities...
Bloomberg
Fed's Daly on Rate Hikes, Inflation, Policy Coordination
Federal Reserve Bank of San Francisco President Mary Daly says she doesn't expect interest rates to come down next year. Speaking with Mike McKee on "Bloomberg Markets," Daly also discusses current inflation levels and her views on...
Bloomberg
Too Early for Plaza Accord 2.0, Rabobank's Foley Says
The strength of the dollar is harmful for the global economy, but it's too early for a Plaza Accord-style agreement to weaken the currency, according to Jane Foley, head of FX strategy at Rabobank. "The timing doesn't seem right when the...
Bloomberg
Summers Expects Equity Markets to Test New Lows for Year
Former US Treasury Secretary Lawrence Summers says the downward "momentum" he sees for equity markets is likely to continue after last week's round of global central bank rate hikes. "My instinct is that we're going to see new lows for...
Bloomberg
Asian Currencies Face Pressure; Pound at Record Low
Asian currencies including the Japanese yen and the Chinese yuan continue to struggle, while the British pound trades around a record low. Mark Cranfield reports on Bloomberg Television.