Pimco Says ECB Should Cut Rate by 50 Basis Points

May 2 (Bloomberg) -- Andrew Bosomworth, managing director at Pacific Investment Management Co., previews today's European Central Bank interest-rate decision, the outlook for the region's economy and funding needs of small- and medium-sized enterprises. He speaks from Munich with Francine Lacqua and Guy Johnson on Bloomberg Television's "The Pulse." (Source: Bloomberg)
U.S. Consumer Spending Rises 0.1%, Incomes Up 0.4%
27:59 - Consumer purchases rose less than projected in February, indicating the biggest part of the U.S. economy will find it hard to sustain momentum after the best quarter since 2006. Bloomberg’s Scarlet Fu reports on “In The Loop.” (Source: Bloomberg)
  • Yemen, Iran Deal, Dollar Driving Oil Prices: Gersch
  • Dufry to Buy Rival World Duty Free for $2.8B
  • Here's Why Wages Matter More Now Than Ever