Bloomberg
Tech, Finance Rightsizing: Conference Board's Peterson
Dana Peterson, chief economist at the Conference Board, says what consumers see as a "white collar recession" is more about labor shortages versus not during an interview with Lisa Abramowicz on "Bloomberg Surveillance."
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Bloomberg
Fed's Kashkari More Upbeat on Inflation
Federal Reserve Bank of Minneapolis President Neel Kashkari is more upbeat on inflation and when it comes to the US actually avoiding recession. He also warns that higher unemployment would be the cost of achieving a so-called "soft...
Bloomberg
Jitters Over BOJ
Greg Peters, PGIM Fixed Income Co-CIO weighs in on Wall Street shaking off the jitters over the BOJ. He also tells us that it's a great time to invest in fixed income.
Bloomberg
US GDP Growth Unexpectedly Rose in Second Quarter
Gross domestic product rose at a 2.4% annualized rate after a 2% pace in the previous three months. US jobless claims fell further and the core PCE price index was below expectations. Mike McKee has the numbers on "Bloomberg...
Bloomberg
Edenred CEO on Global Slowdown, Retaining Talent
The CEO of the global employee benefits company Edenred, which just joined the CAC 40, expects employment to remain high around the world except in the United States. He explains how his company's solutions can help employees fight...
Bloomberg
How Many More Hikes
The Fed is set to hike rates and Kristina Hooper, Invesco Chief Global Market Strategist & Saira Malik, Nuveen CIO weigh in on investor sentiment following better-than-expected economic data.
Bloomberg
US Jobless Claims Decrease to Two-Month Low at 228,000
Initial unemployment claims in regular state programs fell to 228,000 in the week ending July 15. Michael McKee has the details on Bloomberg Television.
Bloomberg
Recession Risk Has Receded, Renaissance's Dutta Says
Neil Dutta, Renaissance Macro Research head of US economic research, says there's more upside to the economy than not and the US unemployment rate will not exceed 4% during an interview with Tom Keene and Lisa Abramowicz on "Bloomberg...
Bloomberg
Standard Chartered economist reacts to China's 2Q GDP
Ding Shuang, Greater China and North Asia Chief Economist, says he saw some positive momentum in China's economy June, after the country reported forecast-missing GDP growth for the second quarter. He explains to David Ingles and Yvonne...
Bloomberg
Tackling Recession Fears
Dennis DeBusschere, 22V Research President, Partner and Chief Market Strategist and Mona Mahajan, Edward Jones Senior Investment Strategist dive into what markets are signaling for 2024 and whether we will see a rebound in earnings growth.
Bloomberg
Cooling Inflation
Dennis DeBusschere, 22V Research President, Partner and Chief Market Strategist and Mona Mahajan, Edward Jones Senior Investment Strategist explain why inflation is cooling and what it means for the risk-on sentiment in markets.
Bloomberg
US Producer Prices Barely Increase as Jobless Claims Dip
The PPI for final demand rose 0.1% from a year earlier. Jobless claims dropped by 12,000 to 237,000 in the week ending July 8. Mike McKee reports on "Bloomberg Surveillance."
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Bloomberg
Fed Is Fighting a Battle It Has Already Won: JPM's Kelly
JPMorgan Asset Management Chief Global Strategist David Kelly warns the US labor market will eventually crack and disinflation is everywhere. Speaking on "Bloomberg Surveillance," Kelly also says that when the Federal Reserve starts to...
Bloomberg
BOE's Bailey Sees UK Inflation Coming Down 'Markedly'
Bank of England Governor Andrew Bailey says it is crucial the central bank return inflation to its 2% target during a speech at London's Mansion House.
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Press Association
Bank of England governor speaks after Chancellor unveils City pensions reforms
Jeremy Hunt said he is prioritising tackling inflation over tax cuts, in a blow to Tory MPs clamouring for a pre-election giveaway.
In his first Mansion House speech as Chancellor on Monday, he said that bringing down soaring prices...
Bloomberg
June Jobs Report Gives Fed Green Light for Rate Hike
A solid employment report with stronger-than-expected wage growth for June keeps the Federal Reserve on track to raise interest rates this month and mull another hike as soon as September. Bloomberg Television guests provide instant...
Bloomberg
Jobs Report Shows 'Bidenomics Is Working,' Su Says
Julie Su, acting Department of Labor Secretary, says the June US jobs report shows that "Bidenomics" is working. She's on "Bloomberg The Open."
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Bloomberg
The Fed Is Stuck Right Now, Crossmark's Fernandez Says
Crossmark Global Investments Chief Market Strategist Victoria Fernandez says the Federal Reserve will definitely hike rates at the July meeting on "Bloomberg The Open."
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Bloomberg
US Employers Added Fewer Jobs in June Than Projected
Nonfarm payrolls increased 209,000 after a downwardly revised 306,000 advance in May, a Bureau of Labor Statistics report showed. The unemployment rate fell to 3.6%. Mike McKee reports on "Bloomberg Surveillance."
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Bloomberg
BlackRock's Rieder Still Expects Fed Rate Hike in July
Rick Rieder, BlackRock CIO of Fixed Income, says he still thinks the Federal Reserve will raise interest rates again in July. He's on "Bloomberg the Open"
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Bloomberg
Jobs Report May Be Turning Point for Fed, Kroszner Says
Former Federal Reserve Governor Randall Kroszner, a University of Chicago Booth School economics professor, expects the Federal Reserve to hold rates in the "mid-fives" for a while during an interview on "Bloomberg Surveillance."
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Bloomberg
Why BlackRock Strategist Wei Li Is Underweight Equities
"The concept of a full-employment recession may well be in the cards," BlackRock's Global Chief Investment Strategist Wei Li, says during an interview on "Bloomberg Markets: The Close."
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Bloomberg
Grading the Fed's Tightening Pace
David Bianco, DWS Group Americas CIO explains why the bond market is running out of patience for the Fed to win the inflation war. He also breaks down where earnings growth might come from in the near future.
Bloomberg
June Jobs Report Shows Inflation Pressures Are Easing: Bernstein
Jared Bernstein, the head of the White House Council of Economic Advisors, says the US still has a robust jobs market and he says inflation pressures are easing. Nonfarm payrolls in June grew by 209,000 missing estimates. He's on...