SQUAWK BOX, THURSDAY 7TH MARCH, 2024

SQUAWK BOX, THURSDAY 7TH MARCH, 2024

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Brent surpasses $70bbl as Iran tensions heighten

Crude prices move higher with Brent now surpassing $70 a barrel after President Trump warns of potential consequences should Iran fail to reach a deal over its nuclear programme. U.S.-based private credit group Blue Owl announces it will halt investor withdrawals from a debt fund ...  Show more

Stoxx 600 notches new high on ECB top job conjecture

News of a potential choreographed change at the top of the ECB has pushed Europe’s Stoxx 600 to another record close. Wall Street also closed in the green even though FOMC minutes signal a rate cut pause in the near term. We are live at the A.I. Impact summit in New Delhi where w ...  Show more

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Bloomberg Wall Street Week - August 4th, 2023
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On this special edition of Wall Street Week, Bloomberg's David Westin spoke with key players in economic policy and business as they gathered in Colorado for the 2023 Aspen Economic Strategy Group Conference. Cecilia Rouse, Former Council of Economic Advisers Chair tells us why a ...  Show more

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Federal Reserve Bank of Chicago President Austan Goolsbee said policymakers should cut interest rates if US inflation continues to fall back to the 2% target. The Chicago Fed chief, speaking Tuesday on Bloomberg TV in Sintra, Portugal, said he feels “we are on a path to 2%” infla ...  Show more

Hyun Song Shin on the New Financial Stability Risks
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At Jackson Hole, the Kansas City Fed's annual gathering for economists and central bankers, there's a lot of focus on the short-term path of monetary policy. But, of course, the Economic Symposium is supposed to be about long-term policy frameworks. And central bankers aren't ...

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MM070: Biggest Fed rate hike since 1994. But are they making a mistake?
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Yesterday the US Federal Reserve hiked interest rates by 0.75% in another hawkish pivot in their on-going quest to tame inflation. They also said they intend to raise interest rates a further 1.75% across their remaining four meetings in 2022


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