The Federal Reserve indicated a readiness to cut interest rates for the first time in more than a decade to sustain a near-record U.S. economic expansion, citing “uncertainties” in their outlook. Discussing the news is Bloomberg News Global Economics and Policy Editor Kathleen Hays, Bloomberg News Stocks Editor Dave Wilson, Bloomberg Intelligence Chief U.S. Interest Rate Strategist Ira Jersey, Putri Pascualy Managing Director at PAAMCO, Bloomberg News Bond Reporter Alex Harris and Josh Wright, Chief Economist at iCIMS and Sandy Villere, Partner at Villere Funds.

Hosts: Carol Massar and Jason Kelly.  Producer: Paul Brennan 

The Federal Reserve indicated a readiness to cut interest rates for the first time in more than a decade to sustain a near-record U.S. economic expansion, citing “uncertainties” in their outlook. Discussing the news is Bloomberg News Global Economics and Policy Editor Kathleen Hays, Bloomberg News Stocks Editor Dave Wilson, Bloomberg Intelligence Chief U.S. Interest Rate Strategist Ira Jersey, Putri Pascualy Managing Director at PAAMCO, Bloomberg News Bond Reporter Alex Harris and Josh Wright, Chief Economist at iCIMS and Sandy Villere, Partner at Villere Funds.Hosts: Carol Massar and Jason Kelly.  Producer: Paul Brennan

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology. You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET: http://bit.ly/3vTiACF. 

Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology.&nbsp;You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET:&nbsp;<a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

Fed Leaves Rates Unchanged, Says Uncertainties Have Increased

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5324f903-1c54-4e1f-ae34-ae2b009d2c96/transcript

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

The Federal Reserve raised interest rates by a quarter percentage point and penciled in an additional hike later this year, steps aimed at containing inflation that will test Chairman Kevin Warsh’s relationship with President Donald Trump. Following the US central bank’s first rate increase since July 2023, Warsh restated his concerns over inflation, saying too many categories of products and services were showing annualized price gains above 3% on a 6- and 12-month basis.

On today's episode, Carol Massar and Tim Stenovec come to you live from Future Proof in Huntington, California:
Michael McKee, Bloomberg News International Economics & Policy Correspondent
Stephanie Aliaga, Global Market Strategist at JPMorgan Asset Management
Manju Boraiah, Head of Systematic Fixed Income & Custom SMA Portfolio Management at Allspring Global Investments
Tracy Alloway and Joe Weisenthal, Co-Hosts of Bloomberg's Odd Lots Podcast

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a> The Federal Reserve raised interest rates by a quarter percentage point and penciled in an additional hike later this year, steps aimed at containing inflation that will test Chairman&nbsp;Kevin Warsh&rsquo;s relationship with President Donald Trump. Following the US central bank&rsquo;s first rate increase since July 2023, Warsh restated his concerns over inflation, saying too many categories of products and services were showing annualized price gains above 3% on a 6- and 12-month basis. On today's episode, Carol Massar and Tim Stenovec come to you live from Future Proof in Huntington, California:
<ul>
<li>Michael McKee, Bloomberg News International Economics &amp; Policy Correspondent</li>
<li>Stephanie Aliaga, Global Market Strategist at JPMorgan Asset Management</li>
<li>Manju Boraiah, Head of Systematic Fixed Income &amp; Custom SMA Portfolio Management at Allspring Global Investments</li>
<li>Tracy Alloway and Joe Weisenthal, Co-Hosts of Bloomberg's Odd Lots Podcast</li>
</ul>

Fed Raises Rates as Warsh Bucks Trump to Contain Inflation, Future Proof Day Two

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/3d80a6e2-7520-4326-9dc4-b4c70175a1ab/transcript

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF.

On this special edition of the show, Carol Massar and Tim Stenovec speak with Doug and Heather Boneparth of Bone Fide Wealth. Authors of the book, 'Money Together', the married couple focus on helping couples better understand their finances and the relationship between relationships and wealth management. They speak with them live in Huntington Beach, California during Future Proof.

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>. On this special edition of the show, Carol Massar and Tim Stenovec speak with Doug and Heather Boneparth of Bone Fide Wealth. Authors of the book, 'Money Together', the married couple focus on helping couples better understand their finances and the relationship between relationships and wealth management. They speak with them live in Huntington Beach, California during Future Proof.

How Couples Navigate Finance: Live from Future Proof 

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7c099d43-6f34-4bd6-9e96-b4c700047991/transcript

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF

Wall Street traders refrained from making riskier bets in the countdown to the Federal Reserve decision, with stocks falling as elevated oil prices drove bond yields to multi-year highs. Almost 350 firms in the S&P 500 dropped.

Benchmark 10-year yields hit the highest level in nearly two decades. Longer-dated Treasuries extended losses after a weak $13 billion sale of 20-year bonds. Brent crude settled above $108, fueling inflation worries. Bitcoin tumbled as the US Senate blocked a landmark crypto bill in an industry loss. 

On this special edition of the show, Carol Massar and Tim Stenovec host live from Huntington Beach, California from the Future Proof Festival.

Today's show features: 
Tony Davidow, Senior Private Market Strategist, Franklin Templeton Institute
Jan van Eck, VanEck Funds CEO
Jaime Magyera, Senior Managing Director, Head of U.S. Wealth and Head of Retirement, BlackRock
Scott Dennis, Head of ETFs, TCW

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>
Wall Street traders refrained from making riskier bets in the countdown to the Federal Reserve decision, with stocks falling as elevated oil prices drove bond yields to multi-year highs. Almost 350 firms in the S&amp;P 500 dropped.
Benchmark 10-year yields hit the highest level in nearly two decades. Longer-dated Treasuries extended losses after a weak $13 billion sale of 20-year bonds. Brent crude settled above $108, fueling inflation worries. Bitcoin tumbled as the US Senate blocked a landmark crypto bill in an industry loss.&nbsp; On this special edition of the show, Carol Massar and Tim Stenovec host live from Huntington Beach, California from the Future Proof Festival. Today's show features: 
<ul>
<li>Tony Davidow, Senior Private Market Strategist, Franklin Templeton Institute</li>
<li>Jan van Eck, VanEck Funds CEO</li>
<li>Jaime Magyera, Senior Managing Director, Head of U.S. Wealth and Head of Retirement, BlackRock</li>
<li>Scott Dennis, Head of ETFs, TCW</li>
</ul>

Investing Trends and Worries at Future Proof in California

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/865e5d01-c5d6-49d0-b223-b4c6017c9fc0/transcript

Fed Leaves Rates Unchanged, Says Uncertainties Have Increased

In 1 playlist(s)

Bloomberg Businessweek

Social links

Follow podcast

Recent clips