Bill Dudley, former New York Fed President and Bloomberg Opinion columnist, offers the reasons why he believes the Federal Reserve is likely to be patient and not cut interest rates soon as the central bank’s independence is called into question. His opinions are his own.
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Publicat el April 22, 2025 a les 13:07
Trump Sons’ Bitcoin Mining Partners Had Run-Ins With Regulators
To break into the cryptocurrency mining industry, Eric Trump and Donald Trump Jr. are teaming up with executives who previously founded a miner with the backing of investors implicated in an illegal penny-stock pump-and-dump operation.
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Publicat el April 22, 2025 a les 12:41
EM Stocks Extend Lead Over S&P 500 as Trump Rattles US Markets
US President Donald Trump’s policy shocks are tilting risk sentiment in favor of emerging-market equities, leading to their biggest outperformance in 16 years over US stocks as investors focus on local growth and earnings.
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Publicat el April 22, 2025 a les 12:41
Bhanu Baweja: US Will Not Compromise Fed’s Independence
Despite Trump’s threats to remove the Fed’s independence, the probability of this actually happening is very low says Bhanu Baweja, Chief Strategist at UBS Investment Bank. He said this would compromise “the exorbitant privilege” that the US enjoys. Instead, markets are pricing in tariffs coming “straight back down”, as international trade negotiations between the US and its trading partners get underway.
Baweja joined “The Pulse with Francine Lacqua” on Bloomberg TV (Source: Bloomberg)
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Publicat el April 22, 2025 a les 12:41
Trump’s Tariffs Risk Pushing Cambodia Further into China’s Embrace
A massive canal highlights Beijing’s deep investment in Cambodia just as the US is pulling back, leaving the Southeast Asian nation with less room to balance ties.
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Publicat el April 22, 2025 a les 12:41
Trump’s Trade War Boosts Growth Outlook at Mexico Shipping Firms
Oversized flags from three countries dominate Oscar Del Cueto Cuevas’ office in Mexico City: one from the US, another from Mexico and the last from Canada.
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Publicat el April 22, 2025 a les 12:39
ECB’s Kazimir Sees Inflation at 2% Target in Next Few Months
The European Central Bank will achieve its inflation goal in the months ahead, though must remain circumspect in the face of high uncertainty, according to Governing Council member Peter Kazimir.
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Publicat el April 22, 2025 a les 12:39
Pakistan Will Allow Rupee to Gradually Weaken, Fitch Says
Pakistan’s central bank will allow the rupee to gradually weaken to manage pressures on the current account as the economy gains pace, according to Fitch Ratings.
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Publicat el April 22, 2025 a les 12:39
Halliburton Drops After Reporting Lowest Sales Since 2022
Halliburton Co., the world’s largest provider of hydraulic fracturing services, fell sharply in early trading after posting first-quarter results that gave investors little insight into the company’s outlook amid lower crude prices.
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Publicat el April 22, 2025 a les 12:39