04:03:28
Bank of Canada Governor Macklem: Policy differences with the Federal Reserve have not yet reached their limit.
04:03:23
Bank of Canada Governor Macklem: Monetary policy has a greater influence in Canada than in the United States.
04:01:58
Oracle (ORCL.N) closed up 13%, its best day since December 2021.
03:56:33
According to Business Insider: Meta Platforms (META.O) is considering reducing the number of vice presidents.
03:50:52
ECB board member Nagel: Core inflation remains very sticky.
03:49:34
ECB Governing Council member Nagel: The last leg of the fight against inflation is the most complicated one.
03:46:59
"New Bond King" Gundlach: We have already seen the peaks in long-term bond yields and potential federal funds rates in this cycle.
03:41:16
"New Bond King" Gundlach: We can expect very good returns from some areas of the fixed income market, such as BB-rated bank loans.
03:41:11
"New Bond King" Gundlach: The bond market has remained remarkably stable.
03:39:43
"New Bond King" Gundlach: It is expected that the US CPI will stabilize at 2.5%-2.75% for the rest of the year.
03:39:23
"New Bond King" Gundlach: This meeting will be remembered because the Federal Reserve reduced the number of expected interest rate cuts this year from three to one.
03:34:37
"New Bond King" Gundlach: If oil prices fall, we will see inflation slow further.
03:33:25
“New Bond King” Gundlach: Inflation will decrease.
03:17:54
Federal Reserve Chairman Powell: We understand the risks of waiting too long or acting too quickly.
03:17:40
Federal Reserve Chairman Powell: We are fully aware of the dual risks we face.
03:17:37
Federal Reserve Chairman Powell: The Federal Reserve does not believe that a strong dollar is beneficial or harmful to the US economy.
03:16:54
Federal Reserve Chairman Powell: The reason why the dollar is strong is because the US economy is strong.
03:13:33
Federal Reserve Chairman Powell: If we see more unemployment than we forecast, we would view it as unexpected weakness.
03:13:21
Federal Reserve Chairman Powell: Once we control inflation, interest rates can be lowered.
03:13:06
Federal Reserve Chairman Powell: The best thing we can do is promote a strong job economy.