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Bloomberg Surveillance

Surveillance: BOE Lifts Rates to 5.25%

Bloomberg Surveillance

Bloomberg

News, Business News, Business

41.1K Ratings

🗓️ 3 August 2023

⏱️ 42 minutes

🧾️ Download transcript

Summary

Sree Kochugovindan, Abrdn Senior Research Economist, discusses the BOE raising rates by 25 basis points. John Stoltzfus, Oppenheimer Asset Management Chief Investment Strategist, sees continued earnings resilience. Tom Porcelli, PGIM Fixed Income Chief US Economist, says he doesn't expect the US to suffer through a recession. Tom Wagner, Birmingham City FC Owner and Co-Chairman & Knighthead Capital Co-Founder, discusses his recent purchase of Birmingham City FC. Anurag Rana, Bloomberg Intelligence, previews Amazon and Apple earnings.
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Transcript

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0:00.0

Bonds are back.

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And so is all the credit.

0:05.1

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0:07.9

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0:12.1

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0:16.5

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0:21.6

This podcast is intended solely for professional investor use, past performance is not a guarantee

0:25.4

of future results.

0:30.5

No one just watches a movie anymore.

0:32.6

They play the video game, screen the soundtrack, and binge a podcast too.

0:36.8

Boundaries have blurred and ever in a scrambling for one thing, screen time.

0:41.0

Join me, Lucas Shaw, for Bloomberg Screen Time.

0:43.8

Our new LA event that will connect entertainment's bridesmines.

0:47.4

We'll be interviewing guests like Ted Cerandos of Netflix, Donald Langley of NBC Universal,

0:52.0

and Arya Manual, the super agent Debt and Ever.

0:54.4

Catch it on October 11th and 12th.

0:56.4

You can find out more at BloombergLive.com slash screen time.

1:26.4

Three judges now, three coach of government, the senior research economist, Avadine.

1:30.8

Three wonderful to catch up with you.

1:32.4

Let's just start with your initial reaction to that latest decision from the Bank of England.

1:38.4

Thank you.

1:39.1

So we were expecting a 25 basis point hike today.

...

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