Harker on Federal Reserve Rate Hike
Patrick Harker, former Philadelphia Fed President, says the central bank had to show credibility in its push to return inflation to 2%. He speaks on “Bloomberg: The China Show.” (Source: Bloomberg)
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Patrick Harker, former Philadelphia Fed President, says the central bank had to show credibility in its push to return inflation to 2%. He speaks on “Bloomberg: The China Show.” (Source: Bloomberg)
Tokyo, Sept. 17 (Jiji Press)--The ongoing economic expansion in Japan has lasted 74 months through July based on recent preliminary government statistics, highly likely surpassing the "Izanami" boom from February 2002 to February 2008, the longest period of growth since the end of World War II. During the current expansionary phase, the country's nominal gross domestic product increased ami...
The US Federal Reserve has raised its key interest rates for the first time in three years, as it seeks to bring down high inflation. The policy decision sets up a potential confrontation between Chairman Kevin Warsh and President Donald Trump, who has repeatedly called on the central bank to cut interest rates. Also in the show - France extends fuel subsidies as fishermens' protests gather momentum, and Hong Kong seeks to fall in line with Beijing's economic vision.
The Federal Reserve raised interest rates by a quarter percentage point and plans an additional hike later this year to contain inflation. Jon Ferro, Lisa Abramowicz and Tom Keene host a special edition of "Bloomberg Surveillance" covering the latest news from the Federal Reserve. (Source: Bloomberg)
The Federal Reserve is expected to lift interest rates today for the first time since 2023 as policymakers lose confidence that inflation will cool sufficiently without at least a nudge from the central bank. Michael McKee, International Economics & Policy Correspondent with Bloomberg News, tells us what he expects from today's Fed decision. (Source: Bloomberg)
Wall Street found some relief after the recent slide in stocks and bonds as oil prices fell, with traders betting the Federal Reserve will boost rates to fight inflation and defend its credibility. Alicia Levine, CIO at BNY, gives her constructive equity market approach and discusses how higher yields bleed into equities. (Source: Bloomberg)
Goldman Sachs’ David Mericle joins Bloomberg Open Interest to break down why the Fed could hike rates without committing to another move. He argues the US economy isn’t overheating, inflation pressures remain manageable, and the labor market is in a healthy balance, while warning that rising oil prices could complicate the Fed’s path. (Source: Bloomberg)
Jan van Eck, CEO of VanEck Funds joined Bloomberg Businessweek Daily from Future Proof to discuss the state of the global economy. He says he isn't worried about the $40 Trillion US debt and that Bessent and Trump are 'toying' with the market when it comes to the idea of sending $5,000 checks to Americans if they keep control of Congress. (Source: Bloomberg)
Argentina · OPINION Key Facts —Inflation: Annual consumer price inflation fell from more than 200 percent at the end of 2023 to around 32.5 percent at the start of 2026; INDEC data. —Fiscal result 2025: A primary surplus of 1.4 percent of GDP, and a small overall surplus after interest payments; Economy Ministry, January 2026. […] The post Argentina’s Transformation: What Milei’s Reforms Changed — and What They Didn’t appeared first on The Rio Times.
Asian stocks were set to decline, tracking a US selloff as concerns about the pace of artificial-intelligence development persisted. Inflation worries briefly pushed the 10-year Treasury yield above 5% for the first time since 2023.
India’s inflation accelerated in August, pushing closer to the top of the central bank’s 2%-6% target range and potentially narrowing the scope for policymakers to remain on hold for long.
To compound the misery, according to CMIE data, inflation-adjusted wages have also been consistently falling with a 5.7% drop since April, Jairam Ramesh said
Tokyo, Sept. 11 (Jiji Press)--The Bank of Japan plans to raise its policy interest rate by 0.25 percentage point to 1.25 pct, the highest level in about 31 years, at its policy-setting meeting next week, informed sources said Friday. The last time the BOJ policy interest rate stood at 1.25 pct was in April 1995. With underlying inflation approaching the BOJ's 2 pct target, the BOJ will r...
Asian stocks and bonds were set for declines after a surge in oil prices sparked a selloff in US markets, while the latest inflation data reinforced bets on an imminent Federal Reserve rate hike.
The IGP-M rose 0.93% in its first September preview and São Paulo's IPC-Fipe accelerated to 0.26%, as oil-driven wholesale pressure complicates the central bank's easing path. The post Brazil Inflation Gauges Jump at September’s Start as Oil Pressure Builds appeared first on The Rio Times.