MKM's Michael Darda says nominal GDP is slowing and reccomends investors stay defensively postured and cautious. He speaks on Bloomberg Surveillance with Tom Keene and Michael McKee.

MKM's Michael Darda says nominal GDP is slowing and reccomends investors stay defensively postured and cautious. He speaks on Bloomberg Surveillance with Tom Keene and Michael McKee.

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Listen for the latest in finance, economics and investment. Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern bring you interviews from Bloomberg Surveillance Television. Join Tom Keene and Paul Sweeney for the best conversations from Bloomberg Surveillance Radio.&nbsp; Watch Surveillance TV LIVE each mornings: <a href="http://bit.ly/3P7nstQ">http://bit.ly/3P7nstQ</a>. Watch Surveillance Radio LIVE weekday mornings: <a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a>.&nbsp;

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Darda: nominal GDP actually slowing now

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Bloomberg's Tom Keene, Jon Ferro and Lisa Abramowicz discuss remarks from Fed Chair Kevin Warsh following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance. 

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.

Wall Street traders drove stocks to the lowest since July on bets the Federal Reserve will keep raising rates to combat inflation after delivering its first hike in three years.

In his remarks to reporters, Fed Chair Kevin 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.

Bloomberg's Tom Keene, Jon Ferro and Lisa Abramowicz discuss remarks from Fed Chair Kevin Warsh following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance.&nbsp;
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&rsquo;s relationship with President Donald Trump.
Wall Street traders drove stocks to the lowest since July on bets the Federal Reserve will keep raising rates to combat inflation after delivering its first hike in three years.
In his remarks to reporters, Fed Chair Kevin 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.

Instant Reaction: Fed Chair Kevin Warsh on Fed Policy

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7dc180d7-d15d-4864-a626-b4c7014ef32f/transcript

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.

“Today’s policy action will support a timelier return to the committee’s 2% goal,” officials said in a statement following the move Wednesday, referring to inflation. It was the US central bank’s first rate increase since July 2023.

Bloomberg's Tom Keene, Jon Ferro and Lisa Abramowicz break down the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance.

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&rsquo;s relationship with President Donald Trump.
&ldquo;Today&rsquo;s policy action will support a timelier return to the committee&rsquo;s 2% goal,&rdquo; officials said in a statement following the move Wednesday, referring to inflation. It was the US central bank&rsquo;s first rate increase since July 2023.
Bloomberg's Tom Keene, Jon Ferro and Lisa Abramowicz break down the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance.

Instant Reaction: The Fed Decides

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/dce7cd7b-51dc-49d3-82a8-b4c70134023a/transcript

Featuring:
Gina Martin Adams, Managing Director & Chief Market Strategist at HB Wealth Management
Stuart Russell, Professor of Electrical Engineering & Computer Sciences at UC Berkeley
Jim Zelter, President of Apollo Global Management

Featuring:
<ul>
<li>Gina Martin Adams, Managing Director &amp; Chief Market Strategist at HB Wealth Management</li>
<li>Stuart Russell, Professor of Electrical Engineering &amp; Computer Sciences at UC Berkeley</li>
<li>Jim Zelter, President of Apollo Global Management</li>
</ul>

Bloomberg Surveillance TV: September 16th, 2026

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/d0a96d8b-694c-4ce9-b5a9-b4c7010d19db/transcript

Darda: nominal GDP actually slowing now

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