A measured European Central Bank response is appropriate to control inflation as policymakers assess how a second wave of the energy shock affects the economy, according to Chief Economist Philip Lane.
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day than "Bloomberg Surveillance." (Source: Bloomberg)
The Treasury selloff that sent yields to multi-decade highs reflects stronger US growth and competition for capital rather than rising inflation concerns, according to Citadel Securities.
The International Monetary Fund is set to use some Venezuelan data in its economic estimates for the first time in years, as the Washington-based lender ramps up engagement with the country.
The cost of insuring French banks’ bonds against default has jumped above that of other European lenders as concerns about France’s fiscal and political situation spill over into credit markets.
Uganda’s shilling weakened to its lowest level on record against the dollar as demand for the greenback from offshore investors and importers put renewed pressure on the local currency.
South Africans will pay a record price for gasoline as the latest oil shocks caused by the Iran war catch up with the monthly adjustments made by the government at the pump.
Earl Davis, BMO Global Asset Management fixed income and money markets head, says it's inevitable that 30-year treasury bond yields will cross 6%. He says it could happen this month and explains the call on "Bloomberg Surveillance." (Source: Bloomberg)
Banks and building societies raise prices as turmoil in bond markets increases expectations of base rate riseThe average cost of a five-year fixed-rate mortgage has hit the 6% barrier for the first time in three years, as jitters in the money markets make the loans more expensive for lenders to offe
The European Central Bank should halt quantitative tightening to remove a source of financial-market uncertainty, former Executive Board member Lorenzo Bini Smaghi said.
Yields are climbing almost daily all around the world as the bond selloff continues. What’s driving this selloff and how much higher can yields go? Bloomberg’s Ruth Carson answers some of your questions. (Source: Bloomberg)
Japan’s Government Pension Investment Fund did not discuss its portfolio allocation at a board meeting held in September, according to sources familiar with the matter. The news may damp recent speculation about a portfolio review.
"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Today's guests: Polina Kurdyavko, R
The exodus of the uber-rich from the UK has become a $160 billion problem. Bloomberg calculates that figure using data from the Bloomberg Billionaires Index, revealing the scale of wealth behind those leaving Britain. It represents the total wealth of individuals tracked by the index who have loosen
Britain’s jobs market is stuck in its longest downturn since the early 2000s, according to a closely-watched survey, surpassing the decline during the financial crisis.
Greece’s budget surplus this year will be higher than previously expected, while the country’s economy will grow at a 2% rate in 2026 before accelerating to 2.3% next year.