Surveillance: ECB, Fed Raise Rates

Richard Clarida, Fmr. Federal Reserve Vice Chair, PIMCO Global Economic Advisor & Columbia University Professor, says one more Fed hike is in play in the fall. James Athey, Abrdn Investment Director, reacts to the ECB hiking rates by 25 basis points. Vincent Reinhart, Dreyfus and Mellon Chief Economist and Macro Strategist, says Fed Chair Jerome Powell is "pretty confusing."Mandeep Singh, Bloomberg Intelligence, discusses Meta revenue, forecast beating estimates. Get the Bloomberg Surveillance newsletter, delivered every weekday. Sign up now: https://www.bloomberg.com/account/newsletters/surveillance See omnystudio.com/listener for privacy information.

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The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment. Listen to Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern for the top interviews from Bloomberg Surveillance Television. And join Tom Keene and Paul Sweeney for the best conversations from Bloomberg Surveillance Radio. Watch Surveillance TV LIVE each mornings: http://bit.ly/3P7nstQ. Watch Surveillance Radio LIVE weekday mornings: http://bit.ly/3vTiACF.