Show Notes
Federal Reserve Governor Christopher Waller said the surge in long-term US Treasury yields is helping to curb demand in interest-rate-sensitive sectors such as housing and automobiles, doing some of the work of tighter monetary policy. In a conversation with Bloomberg's Saleha Mohsin at the Bloomberg's New Economic Forum, Waller said higher yields are "doing a little bit of the work" of tighter monetary policy, although that isn't the Fed's intention. See omnystudio.com/listener for privacy information.
More from Bloomberg Talks
Nicușor Dan, President of Romania, joined Bloomberg's Joe Mathieu and Keiley Leinz on Balance of Power to discuss the war in Ukraine. Dan stated “The Russians are trying to escalate, to provoke all the European countries,” and that “We don’t have to go into this escalation process.”. See omnystudio.com/listener for privacy information.
Max Levchin, CEO of financial technology company Affirm, joined Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily to discuss his company's new partnership with Sam's Club as the retailer's exclusive buy-now, pay-later partner, just weeks before the key holiday shopping season kicks off. See omnystudio.com/listener for privacy information.
OpenAI’s model helped identify a potentially catastrophic cybersecurity vulnerability in a programming language that runs millions of websites and applications. Greg Brockman, president of OpenAI, and Matthew Prince, CEO of Cloudflare — which helped protect websites before the flaw was publicly exposed — joined Bloomberg's Ed Ludlow to explain how AI is empowering cyber defenders and attackers. See omnystudio.com/listener for privacy information.
Blackstone President Jon Gray doesn't think there is an AI bubble. He says demand for AI is "almost parabolic." He spoke to Bloomberg's Dani Burger about investing in AI and the firm's third-quarter earnings results. See omnystudio.com/listener for privacy information.
Ramaco Resources CEO Randall Atkins says China is the 'bad guy' for dumping cheap steel onto global markets. The chief executive of the Nasdaq-listed metallurgical coal miner also says the company is pivoting towards rare earths development as the scramble for the metals accelerates, and both the US and Europe push to end their reliance on foreign supplies of critical materials. He spoke with Bloomberg's Caroline Hepker and Anna Edwards. See omnystudio.com/listener for privacy information.