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
Global Appetite for Equities Is Diminishing: Woods
"The global appetite for equities is diminishing," says John Woods, Asia Pacific chief investment officer at Credit Suisse. "We've been underweight equities for a number of months." He speaks on Bloomberg Television.
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
Biden to Host South Korean President
President Joe Biden is preparing to host his South Korean counterpart Yoon Suk Yeol for a state visit beginning Tuesday. More than 100 executives from South Korea will be joining the president's trip including some of the country's...
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
Bed Bath & Beyond Files Chapter 11 Bankruptcy
Bed Bath & Beyond has filed for Chapter 11 bankruptcy, clearing the way for it to shut down hundreds of stores and lay off thousands of staff. Su Keenan reports on Bloomberg Television.
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
Trump Urges Republicans to Get Spending Cuts or Push Default
Former President Donald Trump discusses the US debt situation during a CNN town hall in New Hampshire. (Excerpt)
Bloomberg
Dollar to Weaken Throughout the Course of 2023: Sinha
"Dollar to weaken throughout the course of 2023." Adarsh Sinha, co-head of Asia FX & rates strategy at BofA Securities, discusses the weakness in the dollar and Federal Reserve policy. He speaks on Bloomberg Television.
Bloomberg
Icahn Enterprises Falls on Request from Federal Prosecutors
Billionaire Carl Icahn's investment firm fell as much as 20% after disclosing that federal prosecutors had reached out seeking information. Separately, the firm hit back in detail for the first time against short-selling firm Hindenburg...
Bloomberg
How Would a Debt-Limit Breach Affect the US Economy?
Dana Peterson, chief economist of the Conference Board, discusses the US debt limit. President Joe Biden and congressional Republicans made little tangible progress Tuesday toward averting a first-ever US default, but pledged...
Bloomberg
Fed's Going to Hike Two More Times: Citigroup GM's Chua
"Fed's going to hike two more times and won't be done until July." Johanna Chua, chief APAC economist at Citigroup Global Markets, discusses Fed policy and her outlook for inflation. She speaks on Bloomberg Television.
Bloomberg
Investment Grade Is a Sweet Spot for Markets: Slim
"Investment grade is a sweet spot for markets this year." Omar Slim, senior portfolio manager for Asia fixed income at PineBridge Investments, discusses the US yield curve, his investment strategy and where he's finding opportunity. He...
Bloomberg
Sen. Rick Scott: Very Disappointed Nothing Happened Today
"I'm very disappointed nothing happened today." Senator Rick Scott, a Republican from Florida, discusses the meeting with President Joe Biden at the White House over the debt ceiling.
Bloomberg
Sen. Mark Warner: This is a Political Hand Grenade
"This is a political hand grenade that unfortunately is now being used as a threat." Senator Mark Warner, a Democrat from Virginia, discusses the debt ceiling meeting with President Joe Biden at the White House. He speaks on Bloomberg...
Bloomberg
Biden Says 'Absolutely Certain' US Will Not Default
President Joe Biden speaks with reporters after meeting with top congressional leaders to discuss the debt limit in the Oval Office. Biden says he would not rule out a short-term debt limit hike. (Excerpts)
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Schumer Says McCarthy Refused to Take Default Off the Table
Senate Majority Leader Chuck Schumer spoke to reporters after congressional leaders and President Joe Biden discussed the debt limit in the Oval Office. House Speaker Kevin McCarthy said earlier there was no progress in efforts to avert...
Bloomberg
Fed Swaps Point to June or July Rate Cut
Bond traders see the Federal Reserve likely reversing this week's quarter point interest rate increase as early as June amid the deepening rout in US regional bank shares. David Finnerty reports on Bloomberg Television.
Bloomberg
There's No Chance for a Pivot From the Fed: DWS's Taylor
"There is no chance for a pivot from the Fed." Sean Taylor, APAC chief investment officer at DWS, discusses the divergence of policies between the Federal Reserve and the ECB and his outlook for Fed policy. He speaks on Bloomberg...
Bloomberg
StanChart Looking for Two Fed Cuts by Year End: Brice
"Fed has already tightened too much, which will lead to a pretty poor economic outcome later this year." Steve Brice, group chief investment officer at Standard Chartered Wealth Management, discusses the Federal Reserve's decision to...
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
Fed Decision: Will the Central Bank Stay the Course?
Bloomberg Television guests at the Milken Institute Global conference in Beverly Hills weigh in on the Federal Reserve's upcoming decision on interest rates this Wednesday. All are expecting the Fed to stay the course, raising interest...
Bloomberg
BNY Mellon CEO Says This Chapter of Bank Turmoil Is Resolved
Bank of New York Mellon Corp. Chief Executive Officer Robin Vince discusses the state of the US banking industry, his firm's strategy, and the outlook for the economy. He speaks on the sidelines of the Milken Institute Global Conference...
Bloomberg
First Republic Regulators Rush to Fix Crisis
US regulators are rushing to resolve the First Republic Bank crisis after the deadline passed for submitting final bids to take over the struggling lender. Adam Haigh reports on Bloomberg Television.