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Bloomberg
Financial

Fed Rate Hike Would Probably Be 'Stupid' Now, JPMorgan's Kelly Says

David Kelly, chief global strategist at JPMorgan Asset Management, says he does not expect the Fed to raise rates at its October meeting. Speaking on "Bloomberg Surveillance," Kelly argues that the meeting falls just six days before the election, when policymakers may want to avoid appearing political and that major uncertainties likely to be resolved by the election could reshape the 2027 outlook.

Leia mais: Fed Rate Hike Would Probably Be 'Stupid' Now, JPMorgan's Kelly Says
Bloomberg
Financial

Anthropic's Princen on AI Impact on Businesses, Startups

Guillaume Princen, Anthropic Head of International Startups & Digital Native, joins Bloomberg's Tom Mackenzie on "The Opening Trade" to discuss how artificial intelligence will impact businesses, customer spending on frontier models, and AI safety risks. They speak from the International AI Summit in Dublin, Ireland.

Leia mais: Anthropic's Princen on AI Impact on Businesses, Startups
Bloomberg
Financial

Natixis Economist Sees One More Fed Rate Hike

Christopher Hodge, chief US economist at Natixis, expects core CPI to come in slightly softer than forecast and sees inflation continuing to ease. He discusses the impact of higher energy prices, potential labor market weakness and housing pressures, while forecasting one final Fed rate hike in December before the tightening cycle ends. He spoke on Bloomberg Brief.

Leia mais: Natixis Economist Sees One More Fed Rate Hike
Bloomberg
Financial

ACEA President & Mercedes CEO 'Welcomes' EU Deal with China on Hybrids

The President of the auto lobby ACEA Ola Källenius, who's also the CEO of Mercedes-Benz Group, welcomed the recent deal to cap the imports of Chinese hybrid vehicles to the EU. He called for a level-playing field and the EU to increase its competitiveness. He spoke with Bloomberg's Oliver Crook in Brussels.

Leia mais: ACEA President & Mercedes CEO 'Welcomes' EU Deal with China on Hybrids
Bloomberg
Financial

DeepL CEO on Voice AI Growth and Competition

DeepL CEO Jarek Kutylowski discusses surging demand for voice-to-voice translation and how AI is transforming global business. He also addresses competition with OpenAI and Anthropic, DeepL's AWS strategy, European data sovereignty, recent workforce cuts and why the company is comfortable remaining private. He spoke with Bloomberg's Tom Mackenzie, at the International AI Summit in Dublin, Ireland.

Leia mais: DeepL CEO on Voice AI Growth and Competition