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Transcripts For BLOOMBERG Bloomberg Markets Americas 20240712

We get additional fiscal stimulus. Our guest is from morgan stanley. It feels like from the last 23 months, we have been turning the volume up and down and gone nowhere. Are we starting to change the track a little bit . Are we making progress around the fiscal talks . Only question that matters right now, Mitch Mcconnell does he have the votes to pass a 1. 8 trillion package . Think the Senate Majority leader needs all 53 senators to vote for this package. Choice is, the between getting something done ahead of the election or waiting until after the election seeing the outcome then making decisions about the stimulus package. Markets most importantly, the question is not necessarily whether it gets done ahead of the election but whether it gets done at all. Upsaw elements of that show in the minutes from earlier this made it clearfed that if there wasnt a stimulus in the next several months, if it gets done in a timely manner, the fed will be pleased as will the market. Jonathan coupl

Bank of Canada Prepares for Interest-Rate Cut Pivot

Bank of Canada Prepares for Interest-Rate Cut Pivot
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Bank of Canada prepares for interest-rate cut pivot

Bank of Canada prepares for interest-rate cut pivot
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Pound Canadian Dollar Rate Wavers Near Three-Year High Despite Mixed UK PMIs

The Pound Canadian Dollar (GBP/CAD) exchange rate held close to its recent highs on Thursday, though struggled to edge higher following some mixed PMI releases in the UK.

Bank of Canada could tilt to July rate cut to benefit from flood of data

The Bank of Canada may dash hopes of a June interest rate cut and instead move in July, which will give it seven more weeks of key data to confirm the recent trend of a slowing economy and. -May 22, 2024 at 10:20 am EDT - MarketScreener

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