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Trump Praises Waller and Bowman, Says Fed Pick Coming in Weeks
Bloomberg Television· 2025-12-18 20:04
President, Can I ask you to clarify something for me on the Federal Reserve. How many people are you interviewing for the Fed chairman, and what did you think of Chris Waller. I think he's great.I mean, he's been a man who's been there a long time, somebody that I was very involved with since of his career. And he's a fantastic man. I met him yesterday and again.So how many people are you looking at. We're talking to three or four, and I think every one of them would be a good choice to how we'll be making ...
Trump Signs Order Easing Federal Restrictions on Marijuana
Bloomberg Television· 2025-12-18 19:29
I want to emphasize that the order I am about to sign is not the legalization or it does it legalize marijuana in any way, shape or form and in no way sanctions its use as a recreational drug. It's nothing to do with the future. It's an honor to do this.And that's a good you. ...
Nick Gross, NBA's Westbrook Backing Oklahoma City Project
Bloomberg Television· 2025-12-18 19:23
Max, any time we talk about a new sports entertainment complex, we got to talk about the financing for it. How much is the city putting into it. How much is going to be raised through debt.So the city is going to put in roughly $120 million. 50 million of that will come from debt. They funded the other portion of it through a tax incremental financing district.It's not the type is not located around the soccer stadium. It is an already existing TIF and then the rest of it is going to be funded by a one penn ...
The hedge fund built on Hermès bags #shorts #hermes #birkin #kelly #luxury #hedgefund
Bloomberg Television· 2025-12-18 19:08
It's just like a real estate fund. I mean, we're buying brand new Birkens and Kelly's. We are um you know, putting them in a portfolio. We have a whole portfolio construction methodology.We're using most of the breadandbut bags that are flipping over fast. And um we're then selling them and we're selling them both on digital marketplaces. So, Sbee's first dibs, my Gemma, um Christies has just did an auction of a pink crocodile.And we're also selling them in real life experiences. experiences are all the rag ...
ECB Decision: Lagarde on Growth, Interest Rates, Uncertain Inflation
Bloomberg Television· 2025-12-18 14:48
The governing council today decided to keep the three key ECB interest rates unchanged. Our updated assessment reconfirms that inflation should stabilize at our 2% target in the medium-term. The new Euro system staff projections show headline inflation averaging 2.1% in 25, 1.9% in 26, 1.8% 8% in 28, sorry, 1.8% in 27 and 2% in 28. For inflation, excluding energy and food, staff project an average of 2.4% in 25, 2.2% in 26, 1.9% in 27, and 2% in 28.Inflation has been revised up for 2026, mainly because staf ...
US Core CPI Eases in November to Slowest Pace Since 2021
Bloomberg Television· 2025-12-18 14:12
Well, better late than never is a good way to put it, Lisa, because the news is pretty good on a two month basis. Remember, we didn't get October CPI and we're not going to get much out of that 2.7% for the year over year move in CPI. That is down from 3% in September.The last release we got the core CPI on a year over year basis falls from 3% to 2.6%. So good news on inflation. Meanwhile, good news on the job front with initial jobless claims falling to 224,000 from 237,000 revised the week prior.On a cont ...
Gina Goetter's journey from Harley-Davidson to Hasbro
Bloomberg Television· 2025-12-18 14:00
Imagine at Harley-Davidson it must have been uh unique to have a woman as CFO, right. >> I've had the good fortune in all of the stops I've had along the way where my bosses have prioritized that diversity of of of thought. >> Noticed also that a lot of [music] people who work here seem to also play the games.You know, they live in this culture. And I must that must have been the same at Harley, right. >> At Harley, you're right.I wasn't a rider, but I'm from [music] Milwaukee. Uh, I learned how to ride. An ...
BOE Cuts Rates and Suggests It May Ease Further in 2026
Bloomberg Television· 2025-12-18 12:28
A split decision. Although the consensus was to cut rates as widely as expected. Yeah, it looks like that.Weaker than expected UK CPI print that we got yesterday didn't actually make this more dovish or cut as perhaps was expected. I was speaking to Bonnie Bhatia of UBS this morning. He had thought that maybe it would be a90 vote split for a cut.It is exactly what was expected before the CPI print five four. You've got the governor as the deciding vote, Andrew Bailey, going for a cut this time rather than a ...
Policy Decisions Tilt Risks Toward EUR/GBP Downside: 3-Minute MLIV
Bloomberg Television· 2025-12-18 12:17
The market context today is dominated by two big central banks here in Europe, of course, the Riksbank as well. So as we look ahead to those, is there anything that unites them or should we tackle them separately. I think separately, let's take a step back.Also, don't forget, there's the Nordics Bank. Oh, yes. There's four big European ones that we're looking at.I think, you know, Bank of England is, I think, the biggest surprise there. There's been a lot of dovish pricing. You had inflation comin significa ...
Germany's Record €512 Billion Debt Sales for Army, Infrastructure | The Pulse 12/18
Bloomberg Television· 2025-12-18 11:08
ANNOUNCER: NEWSMAKERS AND MARKET MOVERS. THIS IS "THE PULSE" WITH FRANCINE LACQUA. FRANCINE: GOOD MORNING EVERYONE AND WELCOME.INVESTORS ARE RETREATING FROM TECH AT OF KEY CENTRAL BANK DECISIONS SO WE DISCUSSED IN JUST A MOMENT WITH THE CHIEF EUROPEAN ECONOMIST BUT FIRST, WE STARTED GEOPOLITICS AND THE RUSSIAN INVASION OF THE RAIN. THE PRESIDENT OF THE EUROPEAN COMMISSION SAYS THE E.U. AIMS TO APPROVE FUNDING BY THE END OF THE DAY. FOR LONGER JOINED BY STEPHANIE BAKER . LET'S ALSO BRING IN OLIVER CROOK, BRI ...