You've given us a great summary of the performance of the economy, how it's performing, what is likely to how it's likely to inform, what's your policy outlook. And maybe you can go back to December when you had to project for the year, which makes it somewhat independent of the arrival of a new chair. What do you think the policy picture.How many rate cuts, for example, in 2026. So for me, I didn't have any luck. To me, I think we have so much momentum in the economy that we need to keep our policy rate in ...

Let's start with some news out of you this morning. That Vanguard unleashing another round of cuts. It'll take your average asset weighted fee down to six basis points from seven basis points.I'm going to ask you the question that I always do, and that is what the decision tree looks like between continuing to lower fees versus investing some of that money back into the business. Well, first of all, it's great to be here. And so thank you all for having me.Yeah, it was a it was a very unoriginal act from Va ...

At today's meeting, the committee decided to maintain the target range for the federal funds rate. The Federal Reserve's federal funds rate currently stands at a target range of 3.5% to 3.75% following three 25 basis point cuts in September, November, and December of 2025. >> There was broad support on the committee for holding today.Broad, I would say the market does not anticipate a cut in the first three meetings of 2026. According to the CME Fed Watch tool, the median projection anticipates the Fed fund ...

On October 24th, 2025, newly elected Japanese Prime Minister Sonah Takahichi gave her initial economic policy speech where she committed to, in her words, a robust [music] stimulus package. Now, this policy shift was a blow to Japanese bonds as 40-year yields moved from 3.37% up to a high of 4.21% on January 20th. The yen, already on a slide against the dollar that began in early 2021, continued lower, bottoming on January 14th at 159 yen to the dollar.Now, the low marked a total of a 35% drop against the d ...

President Donald Trump's 50% tariffs have been a drag on India's economy and Prime Minister Narendra Modi is taking action to try to keep growth intact. In Sunday's budget, his government laid out plans to support exporters hit by US tariffs, especially companies in labor intensive industries like textiles, leather goods, and marine products. The trade standoff with Washington has already pushed Mod's team to cut consumption taxes and loosen labor rules, making it easier for companies to hire and fire worke ...

Did Kevin Marsh commit to you that he will push to cut interest rates if he is confirmed. >> No. But we talk about it and I've been following him and I don't want to ask him that question.I think it's inappropriate. Probably it probably would be allowed, but I want to keep it nice and pure, but he certainly wants to cut rates. I've been watching him for a long time.>> Did you have any concerns about his hawkish history of pushing for rate hikes. >> He's going to want to do the same thing. I think that yeah, ...

Bill, Bill, Bill, Bill, Bill, Bill. IT'S PADANI BILL. [cheering] >> We look to the future and not just the past.So, I suppose this party could use a forecast. It is my job this February 2 to look to the skies and report back to you that there is a shadow here on my ground. [cheering] SIX MORE WEEKS OF WINTER ABOUND.>> [cheering] [applause]. ...

Gold and silver have plunged as the rally in precious metals abruptly reversed. Gold fell almost 20% and silver 40% from peak to trough. It's a breakneck unwind of recent gains with precious metals reaching record highs as recently as last week.Elevated economic uncertainty, rising geopolitical risks, and limited hedging alternatives have all driven gold higher. Then there's the dollar angle. The use of the dollar as a political tool has driven central banks to diversify away from the dollar and into gold.M ...

The concept behind the Trump accounts, I think, is a fabulous concept because what it does is that it helps people invest early, in this case, right from when they're born. It does it in a lowcost way because the fees are capped um to a lowcost level. And the underlying ethos is a diversified broad-based set of indices.And as we look at the best ways in which to create long-term wealth for Americans, this has really been something that Vanguard's been talking about for a very long time. uh keep uh costs low ...

IT'S M&A MONDAY. I MATT MILLER. AND I'M DANI BURGER."BLOOMBERG OPEN INTEREST" STARTS RIGHT NOW. MATT: COMING UP, MELTDOWN DOWN IN METALS SPARKING A DOMINO EFFECT AND AS INVESTORS SIZE UP THE FED. THEN THE AI NEWS, ORACLE WITH A $50 BILLION FUNDING PUSH IN THE CEO POURS COLD WATER ON OPENAI.MATT: ON THE EARNINGS FRONT, DISNEY OUTLOOK DISAPPOINTS AS THE POTENTIAL SUCCESSOR DID DISNEY CEO BOB IGER EMERGES. DANI: TYPICAL START OF THE WEEK WITH AN INUNDATION AND NEWS. LOOKING AT ORACLE, WE WILL TALK TO CAROLINE ...