ECB's Schnabel 'Comfortable' With Rate Hike Bets, China to Boost Domestic Demand | The Pulse 12/8

Video Description

ECB Executive Board member Isabel Schnabel suggests interest rates have reached the bottom, saying she's comfortable with bets that the next rate move will be a hike. Schnabel is the first policymaker to declare with any certainty that borrowing costs aren’t simply in a “good place” — as President Christine Lagarde and others have repeatedly said — but have reached a floor. China's top leaders have made boosting domestic demand their top priority for 2026, as they seek to protect the economy from global trade. The Communist party's decision-making Politburo has also hinted at a measured approach to stimulus. They say they will keep their “proactive” fiscal and “moderately loose” monetary stances in play. Plus Ukraine's President heads to London where Prime Minister Keir Starmer is hosting European leaders, as they seek to steer US-led peace talks. Over the weekend, US President Donald Trump said he was disappointed in the way Volodymyr Zelenskiy had handled Washington's proposal to end the war. Today's guests: Anne Walsh, Guggenheim Investments CIO; Deepak Nath, Smith & Nephew CEO; James Lord, Morgan Stanley, Global Head of FX & EM Strategy; Natia Seskuria, RUSI Associate Fellow --- "The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops. Chapters: 00:00:00 - The Pulse with Francine Lacqua 00:00:25 - China to prioritize boosting domestic demand in 2026 00:03:15 - Anne Walsh, Guggenheim Partners CIO 00:14:43 - Dalio: We are having too much debt 00:17:35 - Deepak Nath, Smith & Nephew CEO 00:23:43 - Monday headlines 00:24:23 - James Lord, Morgan Stanley Head of EM Strategy 00:31:04 - ECB's Schnabel signals to interest-rate rise 00:33:40 - Magnum Ice Cream Company's trading debut 00:36:54 - PIMCO CIO: Important to do own credit work 00:38:12 - Starmer hosts leaders to discuss Ukraine, Russia 00:42:14 - Natia Seskuria, RUSI -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts