Forecasters say the Federal Reserve may increase interest rates in the US by 0.75 or even 1 percentage point. We talk to Joe Saluzzi of Themis Trading in New Jersey.
In Argentina, the Central Bank is trying to fight inflation with interest rates as high as 75%. Carolina Millan, a reporter with Bloomberg in Buenos Aires, tells us more.
A Texas sheriff has ... Show More
Today
US steps up to save the Argentine Peso
The US has purchased Argentine pesos, taking the next step in a controversial effort to calm a currency crisis hitting the South American country and its president, Trump ally Javier Milei. In the US though, it's a different story – farmers, especially soybean farmers, have lost ... Show More
8m 56s
Yesterday
US top banker warns of potential risk of stock market decline
In a BBC interview, the head of America's largest bank, J P Morgan, has warned that US stock markets do not currently reflect the level of risk of a serious fall. Jamie Dimon said he was "far more worried than others" about a major market correction. China has tightened its rules ... Show More
8m 46s
Sep 2017
Fed Should Get Out of the Business of Setting Rates, Forbes Says
Steve Forbes, chairman and editor-in-chief of Forbes Media, says the Federal Reserve should let borrowers and lenders set interest rates. Until then it's still the Fed, and Carl Riccadonna, the chief U.S. economist at Bloomberg Intelligence, gives his outlook for rate increases. ... Show More
31m 23s
Oct 2023
US Hiring Surges, Bolstering Case for Another Fed Rate Hike
Bloomberg News Economics Editor Molly Smith and Bloomberg Intelligence Chief US Interest Rate Strategist Ira Jersey discuss how the September jobs report could impact the economy and Fed policy. Becky Frankiewicz, Chief Commercial Officer at ManpowerGroup, shares her thoughts on ... Show More
38m 52s
Nov 2017
Jay Powell Nomination Ruptures Bipartisan Fed Image, Binder Says
Sarah Binder, a professor at George Washington University and a senior fellow at the Brookings Institution, and Mark Spindel, a Bloomberg View columnist and founder and chief investment officer at Potomac River Capital LLC, discuss their new book, "The Myth of Independence: How C ... Show More
30m 4s