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Fed Stands Alone as ECB, BoE Insist 'Higher for Longer' Still Needed

Major European central banks on Thursday stuck with plans to keep their policy interest rates higher for longer to fight inflation that is proving stickier in some parts of the world than others, dashing any hope that a U.S. Federal Reserve pivot towards interest rate cuts marked a global turning point.

4 hours ago

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Meijer Gives Outlook for 2024 in Markets, Energy and AI

Jaap Meijer, Arqaam Capital Head of Equities Research, discusses Fed rate cuts and what could impact markets in 2024. He speaks with Kriti Gupta on Bloomberg Daybreak: Middle East & Africa.

Dec 14, 2023

Fed Chair Powell: Inflation Is Too High, Rates Are Held Steady

Federal Reserve Chair Jerome Powell says inflation is still too high and the committee is fully committed to bringing inflation back to the 2% target. He says the "committee is proceeding carefully." He speaks in Washington after officials decided unanimously to hold interest rates steady.

Dec 13, 2023

Oppenheimer’s Stoltzfus on the S&P 500’s Path to 5,200

John Stoltzfus, chief investment strategist at Oppenheimer Asset Management, explains the factors behind his call for 5,200 on the S&P 500 at the end of next year.

Dec 13, 2023

White House's Boushey: AI Will Shift Worker Skills

White House Council of Economic Advisers' Heather Boushey joins Caroline Hyde and Ed Ludlow to discuss the latest CPI data and the impact of the inflation reduction act on the tech space. Speaking on "Bloomberg Technology," Boushey also discusses how the White House is tracking AI changes and how it impacts the workforce.

Dec 12, 2023

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Fed Stands Alone as ECB, BoE Insist 'Higher for Longer' Still Needed

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