Richard Clarida, Pimco global economic adviser and a former Federal Reserve vice chairman, says the Fed is prepared to hike if inflation pressures don't ease. He speaks after Fed Chairman Kevin Warsh's speech at the central bank's annual conference in Jackson Hole, Wyoming.
Citi Wealth CIO Kate Moore joins Bloomberg's Lisa Abramowicz and Tom Keene from Jackson Hole, Wyoming. She reacts to Fed Chair Kevin Warsh's debut Jackson Hole speech.
Federal Reserve Chairman Kevin Warsh warns inflation isn't meaningfully slowing and said policymakers must be confident that it is, otherwise the central bank has "work to do." He speaks at the Fed's annual conference in Jackson Hole, Wyoming.
Federal Reserve Chairman Kevin Warsh explains why he doesn't believe in the practice of issuing forward guidance. He says "accuracy in economic forecasting is still just an aspiration." Warsh speaks at the Fed's annual conference in Jackson Hole, Wyoming.
Federal Reserve Bank of Cleveland President Beth Hammack says "it's time to act" on hiking rates. Speaking at the Jackson Hole Economic Policy Symposium, Hammack also discusses the efficacy of rates and the Fed's balance sheet as economic tools.
Interest Rates are "the clearest, most transparent, easiest-to-communicate tool that we have," says Cleveland Fed President Beth Hammock, adding that there's a long history showing the impact of interest rate moves on the economy. She spoke with Bloomberg's Tom Keene, Lisa Abramowicz and Michael McKee in Jackson Hole, Wyoming.
Former Kansas City Fed President Esther George said that Kevin Warsh will be under pressure to signal how the Fed intends to respond to inflation that has stopped cooling and "is not turning in the direction that the committee had hoped." She speaks on "Bloomberg Surveillance" at the Jackson Hole Economic Policy Symposium.
Federal Reserve Bank of Cleveland President Beth Hammack says the longer the central banks wait to raise rates, to more pain will be felt by everyday Americans. She speaks at the Jackson Hole Economic Policy Symposium.
On this episode of Stock Movers: - PayPal (PYPL) shares are declining after a consortium of Advent and Stripe has decided to abandon its pursuit of PayPal, according to people familiar with the matter. - Marvell Technology (MRVL) shares are lower following its second-quarter fiscal 2027 earnings report, despite edging past Wall Street expectations on both profit and revenue. - Gap (GAP) shares are soaring after the apparel retailer raised both its adjusted earnings per share and adjusted gross margin outlooks for the full year. The company also announced Michael Francis as the newest CEO of Old Navy, which posted a worse-than-feared comparable sales decline in the quarter.
US stocks drifted ahead of Federal Reserve Chair Kevin Warsh's address at Jackson Hole, with traders looking for clarity on his economic outlook and strategy for bringing inflation back to target. Freya Beamish, Chief Economist and Head: Macro Research at TS Lombard, talks about Jackson Hole and the bond market pricing in Bessent and Warsh.
Gene Munster, Deepwater Asset Management managing partner, says what's been happening with Nvidia is "breathtaking." He expects revenue to grow by 90% for the calendar year 2027. He speaks on "Bloomberg Surveillance."
Better Home & Finance Holding Company (NASDAQ:BETR) urged shareholders to reject former CEO Vishal Garg’s consent solicitation campaign, which seeks to remove five board members and install replacement directors.
