Category: Money

World Money and Markets in the news

Fed’s Williams Says Rate Cut Depends on Totality of Data

Federal Reserve Bank of New York President John Williams says the timing of the decision to cut interest rates will…

Ken Griffin Sees Fed Rate Cut in September or December

Citadel founder and CEO Ken Griffin says if the Federal Reserve doesn’t cut rates in September, it will likely cut…

Markets Have ‘Wildly Swinging Narrative’: BlackRock’s Li

Wei Li, global chief investment strategist at BlackRock, says markets are in a “new macro regime of elevated macro uncertainty,…

Xi’s European Tour Begins With Macron Meeting in Paris

Chinese President Xi Jinping began his first visit to the European Union in five years Monday, stopping in Paris for…

BOE Rate Decision Preview: Looking for Rate Cut Clues

The Bank of England is widely expected by economists to keep rates at a 16-year high of 5.25% on Thursday,…

JPM’s Maharaj: Still ‘Pretty Positive’ on Risk Assets

Thushka Maharaj, multi-asset solutions strategist at JPMorgan Asset Management, explains her current asset allocation and says she is being “more…

East Africa Endures Heavy Rains, Severe Floods

Across vast sections of East Africa, the region braces for more heavy rains and severe flooding that have reportedly killed…

Bloomberg Markets: Asia 05/06/2024

"Bloomberg Markets: Asia" is the definitive guide to the markets in Hong Kong and on the mainland. Paul Allen brings…

State Street CEO on Dubai Office Reopening

Yie-Hsin Hung, State Street Global Advisors CEO, discusses reopening Dubai offices and Fed rate cuts. She speaks with Joumanna Bercetche…

Israel Shuts Gaza Crossing After Attack, Xi Jinping In France | Daybreak: Europe 05/06/2024

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your…