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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