From new york City. For our viewers worldwide, i'm Scarlet Fu Bloomberg Real Yield starts right now. Coming up, Fed Chair Jay Powell delivers his swan song as the US central bank holds rates steady with the path for succession all but cleared for Kevin Warsh.And another week, another warning on private credit from the Jp morgan boss. We begin with the big issue, the resilience of the U.S. economy. The US still has the most mobile and most dynamic, most innovative economy.People continue to underestimate tha ...

>> NEWSMAKERS ON THE MARKET MOVERS. THIS IS "THE PULSE" WITH FRANCINE LACQUA. BOND PRICES KEEP RISING BUT PRESIDENT TRUMP IS DEFENDING HIS STRATEGY IN THE MIDDLE EAST.WE DISCUSS WHAT IT MEANS FOR INFLATION AND MONETARY POLICY IN A MOMENT. FIRST, APPLE POSTED A SURPRISINGLY STRONG REVENUE FORECAST PROJECTING DOUBLE-DIGIT SALES GROWTH EVEN IF IT WARNS OF RISING MEMORY CHIP COSTS AND GROWING SUPPLY CHAIN PRESSURES. WHAT STOOD OUT TO YOU IN THESE RESULTS AND THE GUIDANCE ISSUED.MATT: THE GUIDANCE IS 14.7% -- 14 ...

UK bond investors are shifting their focus from monetary policy to politics, with local elections seen as a potential catalyst for turmoil in government that could trigger a renewed selloff https://t.co/yQEv8ClKAM ...

Live from Bloomberg's European headquarters in London. Welcome to our special coverage, The Body Decides. The central bank, led by Governor Andrew Bailey, has held rates steady at 3.75%.The vote was split 8 to 1 with Hue Peel dissenting. He called for a quarter point hike. The Bank of England says there is a risk of, quote, material second round effects.And the Monetary Policy Committee reiterated it stands ready to act if needed. Let's see how markets have been responding to this news out of the Bank of En ...

SHERY: THIS IS THE ASIA TRADE. I'M SHERY AHN IN TOKYO ALONGSIDE HAIDI STROUD-WATTS AND SYDNEY. THE TOP STORIES THIS HOUR.>>>> THIS IS MY LAST PRESS CONFERENCE AS CHAIR. I WANT TO CONGRATULATE KEVIN. I WON'T CONTINUE TO SERVE AS GOVERNOR FOR SOME TIME, TO BE DETERMINED. I PLAN TO KEEP A LOW PROFILE AS GOVERNOR.SHERY: A DIVIDED FED HOLDS RATES AS JAY POWELL BOWS OUT BUT STOCKS AND BONDS FALL WITH POLICY DIVISION DEEPENING AMID UNCERTAINTY AROUND THE IRAN WAR. THE YEN, SLIDING TO ITS WEAKEST SINCE 2024. ALPHAB ...

As Kevin Warsh moves closer to becoming chair of the Federal Reserve, his future colleagues are moving further from supporting the resumption of interest rate cuts that President Donald Trump is expecting https://t.co/DK0soJ3oWV ...

JONATHAN: LIVE FROM NEW YORK CITY, FOR OUR AUDIENCE WORLDWIDE , "BLOOMBERG SURVEILLANCE" STARTS RIGHT NOW. >> THIS IS A SPECIAL EDITION OF "BLOOMBERG SURVEILLANCE," WITH JONATHAN FERRO, LISA ABRAMOWICZ, AND TOM. "BLOOMBERG SURVEILLANCE: THE FED DECIDES." JONATHAN: GOOD AFTERNOON.YOUR AFTERNOON STARTS RIGHT NOW. THAT RATE DECISION IS 27 MINUTES AWAY. THE BIGGEST COMPANIES ON THE PLANET REPORTING EARNINGS, AND THIS IS HOW THE STAGE IS SET.LET'S KICK IT OFF WITH PRICE ACTION, CRUDE TAKING OUT THE CLOSING HIGHS ...

I've said that I will not leave the board until this investigation is well and truly over with transparency and finality and I stand by that. I'm encouraged by recent developments and I'm watching the remaining steps in this process carefully. My decisions on these matters will continue to be guided entirely by what I believe is in the best interest of the institution and the people we serve. After my term as chair ends on May 15, I will continue to serve as a governor for a period of time.to be determined. ...

Thank you, Mr. . Chair. Appreciate the kind words about the press.Often doesn't come from the podium in different places, but appreciate that. Um, can you talk about what is gone into your decision to remain on the board. What kind of criteria are you weighing and uh how long might you stay.Thank you. >> Sure. So, you know, my my concern is really about the series of legal attacks on the Fed which threaten our ability to conduct monetary policy without considering political factors.And I I want to note here ...

The US economy has been expanding at a solid pace. While job gains have remained low, the unemployment rate has been little changed in recent months. Inflation has moved up and is elevated in part reflecting the recent increase in global energy prices.Today, the FOMC decided to leave our policy rate unchanged. We see the current stance of monetary policy as appropriate to promote progress toward our maximum employment and 2% inflation goals. Developments in the Middle East are contributing to a high level o ...