Bloomberg Talks

Bank of England Governor Andrew Bailey discusses the post-rate decision. Bailey spoke with Bloomberg's Francine Lacqua.
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National Economic Council Director Kevin Hassett says productivity gains should help keep core prices under control and it would be a mistake for the Federal Reserve and ECB to hike rates during what he sees as a temporary oil shock. Speaking to Bloomberg's Jonathan Ferro, Lisa Abramowicz, and Annmarie Hordern," Hassett also weighs in on Fed Chair Jerome Powell's plans to stay on at the central bank once his term as chairman ends.
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Investors wondering if markets will allow them to find better entry points should consider that potential pullbacks are likely to be shallow given passive investors are still under-risked, Morgan Stanley says.
Strategists led by Michael Wilson write equity market isn’t just looking through the risks, it has already priced the risks, as indexes and subgroups already suffered enough price/valuation damage in March.
Bloomberg's Nathan Hager speaks with Mike Wilson for more details. They touch on earnings, the Federal Reserve and geopolitical risks to the markets
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Four of the biggest companies in the US: Alphabet, Amazon, Meta and Microsoft all reported earnings after the bell.

- Meta Platforms shares slid after the company raised its spending outlook for the year, reigniting fears that the historic levels of investment it’s making to build artificial intelligence models won’t pay off.

- Microsoft's cloud business reported growth that narrowly beat analysts’ estimates, disappointing investors concerned that the company isn’t fully capitalizing on demand for AI services.

- Amazon spent more than anticipated to expand data center capacity in the quarter, fueling the fastest sales growth for its cloud unit in more than three years.

- Alphabet (GOOGL) reported quarterly revenue and profit that beat projections, fueled by strong growth in its cloud computing unit, signaling that the internet giant’s unprecedented investments in AI infrastructure are beginning to pay off.
For instant reaction and analysis, Bloomberg Businessweek Daily hosts Carol Massar and Tim Stenovec speak with:
Ed Ludlow, cohost of Bloomberg Tech
Ron Westfall, HyperFRAME Research Infrastructure and Networking VP & Practice Leader
Anurag Rana, Bloomberg Intelligence Senior Technology Analyst
Matt Day, Bloomberg News Technology Reporter
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Bloomberg's Tom Keene and Jonathan Ferro and Lisa Abramowicz discuss remarks from Fed Chair Jay Powell following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance.

Federal Reserve Chair Jerome Powell said he’ll remain at the central bank as a governor after his term as chair ends. “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,” Powell said Wednesday at a press conference.

While Powell’s term as Fed chair ends on May 15, his seat on the Board of Governors doesn’t expire until 2028. “I plan to keep a low profile as a governor,” he said. “There is only ever one chair of the Federal Reserve Board. When Kevin Warsh is confirmed and sworn in, he will be that chair.”
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