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Bloomberg Markets
The 100-plus forecasters in the Bloomberg survey for Wednesday’s Federal Reserve interest-rate decision are almost entirely united: policymakers will stand pat. But that near-unanimity masks what for many — if not most — is one of the most difficult calls in years.
Gennadiy Goldberg, Head of US Rates Strategy at TD Securities, discusses his outlook for today's Fed decision as well as rate hikes through 2027. (Source: Bloomberg)
Bloomberg Markets
Jim Leaviss, the former head of fixed income at M&G Investments and creator of the popular Bond Vigilantes blog, has died. He was 55.
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Bloomberg Markets
On this episode of Stock Movers:
- Humana (HUM) is sinking after the insurer maintained its yearly profit guidance despite a strong second quarter.
- P&G (PG) shares are moving after it gave a conservative outlook for its current fiscal year and results in the latest quarter fell short of estimates.
- Kering (PPRUY) shares jumped after the luxury goods maker reported better-than-expected revenue at Gucci in the second quarter. (Source: Bloomberg)
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Bloomberg Markets
PPG Industries Inc. and Sherwin-Williams Co. both highlighted data centers as an increasingly important revenue driver when presenting their latest set of results.
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