Bloomberg
The Fed's Job Is Not Done Yet: HSBC's Neumann
"The Fed's job is not done yet." Frederic Neumann, chief Asia economist and co-head of global research for Asia at HSBC, discusses his key takeaways from the Federal Reserve's Jackson Hole meeting, US jobs data and stimulus in China. He...
Bloomberg
New Normal for Rates, Inflation, and Productivity
Lori Calvasina, RBC Capital Head of US Equity Strategy and Scott Chronert, Citi US Equity Strategist say that the paradigms on rates, inflation and productivity are changing from the going standard after the Great Financial Crisis and...
Bloomberg
Rising Yields Pressuring Equities
Lori Calvasina, RBC Capital Head of US Equity Strategy and Scott Chronert, Citi US Equity Strategist discuss the effect of rising yields on US equities. Calvasina is starting to see outflows in equities, while Chronert is still bullish...
Bloomberg
Fallout from Higher Rates
Eric Cantor, Moelis & Company Vice Chairman thinks the US government doesn't have a borrowing problem right now, but expects that investors will start to pay attention to fallout from the flood of treasury issuance and rising US deficits...
Bloomberg
Unemployment to Be Around 4% Next Year: ADP's Richardson
ADP Chief Economist Nela Richardson says US payrolls are "solid but fragmented" during an interview on the sidelines of the Federal Reserve Bank of Kansas City's annual economic policy symposium in Jackson Hole, Wyoming.
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Bloomberg
Fed's Harker on Inflation, Rate Policy and Balance Sheet
Federal Reserve Bank of Philadelphia President Patrick Harker discusses the outlook for monetary policy and the Fed's approach to its balance sheet. He speaks with Bloomberg Television on the sidelines of the Federal Reserve Bank of...
Bloomberg
Jobless Claims Fall to Lowest Level in Three Weeks
Initial jobless claims decreased by 10,000 to 230,000 in the week ended Aug. 19, according to Labor Department data out Thursday. The median estimate in a Bloomberg survey of economists called for 240,000 applications. Mike McKee breaks...
Bloomberg
What S&P's PMI Report Signals for the ECB and Fed
S&P Global Market Intelligence Chief Business Economist Chris Williamson discusses the key takeaways from the S&P's August PMI report with Guy Johnson and Alix Steel on "Bloomberg Markets."
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Bloomberg
Concerns Over Entrenched Inflation
Chris Ailman, CalSTRS CIO and Sonal Desai, Franklin Templeton Fixed Income CIO look at the supply and demand of treasuries and the global sell-off in bonds. They also explain the importance of Japan as the largest holder of treasuries...
Bloomberg
Kiwi Bank's Vergara on RBNZ Decision
Mary Jo Vergara, senior economist at Kiwi Bank, discusses her expectation for the RBNZ to hold the cash rate unchanged in their upcoming August meeting. She speaks with Bloomberg's Paul Allen and Shery Ahn on "Bloomberg Daybreak:...
Bloomberg
Biden Says Inflation Can Keep Going Lower
President Joe Biden accused Republicans of prioritizing corporate profits over manufacturing jobs during a speech in Milwaukee a week before GOP candidates vying to replace him plan to gather there for their party's first presidential...
Bloomberg
Bank Contagion Concerns
Kristin Bitterly, Citi Head of North America Investments and Liz Ann Sonders, Charles Schwab Chief Investment Strategist discuss whether risks from commercial real estate and capital requirements will bleed through to the broader markets.
Bloomberg
Harker Says Fed Is Making Progress in Inflation Fight
"We are at a watershed moment in our economy," Federal Reserve Bank of Philadelphia President Patrick Harker says during remarks at a virtual seminar on shifting perspectives and expectations on employment.
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Bloomberg
Core CPI Rises Modestly for a Second Month, Claims Rise
The core CPI rose 0.2% for a second month, marking the smallest back-to-back gains in more than two years, while weekly jobless claims rose more than estimated. Mike McKee reports on "Bloomberg Surveillance."
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Bloomberg
Johnny Cash This Thing
Austan Goolsbee, Chicago Fed president tells us how the Fed plans to walk the thin line of lowering inflation while avoiding an economic downturn.
Bloomberg
Robust Jobs Number
Cecilia Rouse, Former Council of Economic Advisers Chair weighs in on US wages which rose at a faster-than-expected clip and is consistent with strong labor demand.
Bloomberg
Staying Restrictive
Austan Goolsbee, Chicago Fed president and Raphael Bostic, Atlanta Fed president sees strength in the labor market, but believes that the Fed's restrictive policy will remain in place well into 2024.
Bloomberg
Wage Inflation Concern
Lawrence H. Summers, Former Treasury Secretary tells us why he's concerned about wage inflation potentially sparking a reacceleration in inflation. He also explains why he doesn't yet see a soft landing for the US economy.
Bloomberg
Fed's Goolsbee on Jobs, Inflation, Credit Downgrade
Federal Reserve Bank of Chicago President Austan Goolsbee talks about the US July employment report, trying to bring down inflation and Fitch's downgrade of the country's credit rating. He speaks to Bloomberg's David Westin at the Aspen...
Bloomberg
US Employment Rises at a More Moderate Pace in July
US nonfarm payrolls increased 187,000 last month following a similar increase in June. The unemployment rate dropped to 3.5% and wage growth rose at a firm pace. Mike McKee reports on "Bloomberg Surveillance."
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Bloomberg
July Jobs Report Shows US Is Beyond Covid, Kroszner Says
Former Federal Reserve Governor Randall Kroszner discusses what the July US employment report means for Fed policy with Tom Keene and Lisa Abramwoicz on "Bloomberg Surveillance."
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Bloomberg
Fed's Goolsbee: Jobs Market Is Still Very Strong
Federal Reserve Bank of Chicago President Austan Goolsbee says the jobs market is cooling a bit, but is still very strong. He speaks to Bloomberg's David Westin at the Aspen Economic Strategy Group Summit.
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Bloomberg
Jobs Data Signal Rate Hikes Over: BlackRock's Rosenberg
Jeffrey Rosenberg, BlackRock Systemic Multi-Strategy Fund portfolio manager, discusses what the July US employment report means for the yield market with Tom Keene and Lisa Abramowicz on "Bloomberg Surveillance."
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Bloomberg
What to Expect From the July Jobs Report
The US economy is expected to have added 200,000 jobs in July. The report comes out Aug. 4. Bloomberg's Michael McKee has a preview.
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