Dutta Expects Fed to Hike Rates More Than Once From Here
Neil Dutta of Renaissance Macro Economic Research expects the Federal Reserve to raise interest rates more than once from here. He speaks on "Bloomberg Surveillance."
Neil Dutta of Renaissance Macro Economic Research expects the Federal Reserve to raise interest rates more than once from here. He speaks on "Bloomberg Surveillance."
Patrick Dovigi, CEO of GFL Environmental, joins Scarlet Fu on "Bloomberg Deals." They discuss the possibility of taking his company private again in the near future.
Bloomberg's Kevin Crowley joins Scarlet Fu on "Bloomberg Deals." Billionaire shale pioneer Harold Hamm's Continental Resources Inc. is set to announce a deal to invest in Venezuela as the Trump administration pushes US companies to revive the nation's oil sector, according to a person familiar with the matter.
Bloomberg's Michael Shepard joins Scarlet Fu on "Bloomberg Deals." Senior Trump administration officials met Tuesday with Anthropic's top Washington executive to discuss AI's safety risks. Anthropic's IPO preparations came as OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei and Elon Musk on Saturday all voiced the need to slow the pace of AI development due to escalating risks from the technology.
Federal Reserve Chairman Kevin Warsh says the Fed's recent decision to raise interest rates is meant to show it is serious about restoring price stability and doing so on a timelier basis.
Bloomberg's Anthony Hughes joins Scarlet Fu on "Bloomberg Deals." Anthropic is preparing for its IPO and has picked Nasdaq as its listing venue. The Claude chatbot maker is seeking to raise as much as or more than SpaceX in an IPO that could take place as soon as October, Bloomberg has reported.
"The decision we made today was a sober decision, serious decision, responsible decision, one that we have been preparing for and thinking about in my hundred and ten or twenty days here," Federal Reserve Chairman Kevin Warsh said after the FOMC raised interest rates by a quarter percentage point. He speaks in Washington.
"We removed a dose of accommodation," Federal Reserve Chairman Kevin Warsh says after policymakers raised interest rates by a quarter percentage point. He speaks in Washington.
Bloomberg's Mike Shepard said President Trump's opposition to AI guardrails is another instance of his anti-regulation position across all industries, as well as his closeness with Nvidia CEO Jensen Huang who recently pushed back on fears about AI safety. Shepard said that President Trump is also looking to his meeting with China's President Xi and wants no obstacles around AI heading into that conversation.
Former Federal Reserve Vice Chairman Richard Clarida discusses why the Fed shifted from its July stance to a unanimous decision to raise interest rates and potentially start a hiking cycle rather than a one-off move. He speaks on "Bloomberg Surveillance: The Fed Decides."
Stephen Moore, former senior economic adviser to President Donald Trump said that the AI industry is a 'huge factor' in the US economy given both the investment pouring into the space and the data center construction boom. Moore also discussed high oil and diesel prices, saying that as the price of energy rises so does 'everything else.' Despite high energy prices, Moore says he's bullish on the outlook for the US economy.
The Federal Reserve voted unanimously to raise interest rates by a quarter percentage point and penciled in an additional hike later this year, steps aimed at containing inflation that will test Chairman Kevin Warsh's relationship with President Donald Trump. The benchmark federal funds rate is now in a range of 3.75% to 4%. Bloomberg's Michael McKee reports.
Got a second for a cookie? 🍪Essential cookies keep Grafa running smoothly. A few optional ones help us see what's working so we can make it better. You're in control — change your mind any time. Cookie policy · Privacy policy