Brookings President Cecilia Rouse discusses the human impact of the Fed's decision, emphasizing that monetary policy affects paychecks, hiring, borrowing costs, and retirement planning not just basis points and forecasts. She says the Fed is trying to restore price stability while avoiding a deeper downturn in the labor market. She speaks with Romaine Bostick on "The Close."
Stephanie Aliaga, Global Market Strategist at JPM Asset Management, reacts to Fed Chair Warsh's remarks after raising interest rates. She argues that while oil prices are a long-term driver of inflation, the AI buildout is also having a significant impact. She argues slowing the AI frontier will help with adoption, and ultimately boost productivity.
Ken Shinoda of DoubleLine Capital said the Fed's unanimous rate hike was largely in line with market expectations, noting that traders had already priced in a better-than-90% chance of a move. He pointed to the reaction in Treasuries as evidence that the market believes more tightening may still be needed, with the 10-year yield slightly higher on the day and the long bond giving back some of its initial rally. He speaks with Romaine Bostick on "The Close."
According to OpenAI President Greg Brockman, it was no surprise to the company that some of its models were able to break free of the testing environment but what's happened since has forced some rethinking. Brockman joins Joe Weisenthal and Tracy Alloway on the Odd Lots podcast to discuss what OpenAI has learned since the Hugging Face hacking incident and how worried we should be about the AI doomsday scenarios.
Jeffrey Rosenberg, portfolio manager of the systematic alternative ETF at BlackRock, reacts to the Federal Reserve's decision to raise interest rates by 25 basis points. He speaks on "Bloomberg Surveillance: The Fed Decides."
Bloomberg's Chris Palmeri joins Scarlet Fu on "Bloomberg Deals." Authentic Brands, a licensor of everything from Elvis Presley's image to the Reebok sportswear brand, could pursue an initial public stock offering as early as the first half of next year.
Bloomberg's Melissa Shin joins Scarlet Fu on "Bloomberg Deals." Canada Prime Minister Mark Carney is gathering some of the world's top investors Monday night and Tuesday as he seeks to attract more investment into the country while reducing its reliance on the US and diversifying its markets.
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.
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.
