September Rate Cut Prospects
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 8 September 2025
⏱️ 34 minutes
🧾️ Download transcript
Summary
Watch Tom and Paul LIVE every day on YouTube: http://bit.ly/3vTiACF.
Bloomberg Surveillance hosted by Tom Keene & Paul SweeneySeptember 8th, 2025
Featuring:
1) Steve Englander, Global Head of G10 FX Research and of North America Strategy at Standard Chartered, brings us into the market open and talks about a weak dollar, tomorrow's labor revisions, and his call for a 50bps cut in September. Meanwhile, strategists including David Kostin of Goldman Sachs and Mike Wilson at Morgan Stanley expect further gains in US equities, with Kostin reiterating a year-end target for the S&P 500 of 6,600 points.
2) Mark Geller, Global Head of Bank Debt Capital Markets at Barclays, talks issuance trends for banks, global corporate debt, and the intersection of global corporate debt and ballooning government spending.
3) Henrietta Treyz, co-founder at Veda Partners, joins to talk about tariffs and the prospects of a government shutdown in September.
4) Stephen Carroll, host of Bloomberg's "Daybreak Europe" in London, joins from Paris to discuss the possible collapse of the French government today. Political uncertainty in Japan and France adds to a torrent of US data this week that will help determine the Federal Reserve's policy path, with a September interest-rate cut fully priced in.
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Transcript
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| 0:00.0 | When the rest of the markets slow down, the futures market keeps moving. |
| 0:04.9 | Did you know that CME Group S&P 500 and NASDAQ 100 futures trade nearly 24 hours with great liquidity? |
| 0:12.0 | In the ETF markets, volume and liquidity lessens after 4pm until the next morning. |
| 0:17.1 | But with futures, you get trading opportunities both day and night. |
| 0:21.1 | Learn more at CMEgroup.com slash equity futures. |
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