Bloomberg Surveillance

 Raghuram Rajan, University of Chicago Booth School Professor & Former Reserve Bank of India Governor, says the market believes the Fed is serious about inflation. Angela Stent, Brookings Nonresident Senior Fellow & “Putin’s World” author, says Putin's army is over-extended. Barton Crockett, Rosenblatt Securities Tech Analyst, doesn't see Elon Musk backing down from the Twitter deal. Megan Greene, Harvard Kennedy School Senior Fellow & Kroll Institute Global Chief Economist, says a soft landing will be tough for the Fed to achieve. Mike Schumacher, Wells Fargo Head of Rates and Macro, says the market has to price in a lot more Fed tightening. See omnystudio.com/listener for privacy information.

Christian Mueller-Glissmann, Goldman Sachs Head of Portfolio Strategy, says markets are going through a valuation reset. Gabriela Santos, JPMorgan Global Market Strategist, is investing based on a soft landing from the Fed. Steve Ricchiuto, Mizuho Americas Chief US Economist, says we are in the final stage of what is going to be a significant bear market. Rep. French Hill, (R) Arkansas, says Jay Powell deserves a second term as Fed chair. See omnystudio.com/listener for privacy information.

 Bill Dudley, Bloomberg Opinion Columnist, Bloomberg Economics Senior Advisor & Former New York Fed President, says the Fed hasn't been forceful enough in stating and achieving goal. Michael Darda, MKM Partners Chief Economist & Macro Strategist, says it is clear the Fed missed the boat on tightening. Carl Weinberg, High Frequency Economics Chief Economist & Managing Director, says the only tool monetary policy has to bring the rate of price increases down is to cause a recession. Michael Nathanson, MoffettNathanson Founding Partner & Senior Research Analyst, wonders whether Disney needs to reassess their streaming strategy.See omnystudio.com/listener for privacy information.

Cecilia Rouse, Chair of the Council of Economic Advisers, discusses how the Biden administration is addressing inflation concerns for Americans. Nathan Sheets, Citi Global Chief Economist, says the Fed is setting the tone for other central banks. Lisa Shalett, Morgan Stanley Wealth Management Chief Investment Officer, says growth may slow much faster than many people believe. Kathy Jones, Charles Schwab Chief Fixed Income Strategist, explains why she likes municipal bonds and not high yield. See omnystudio.com/listener for privacy information.

 Raphael Bostic, Atlanta Fed President, says there is no need for a hike greater than 50 basis point. Wally Adeyemo, U.S. Deputy Secretary of the Treasury, says Russia's actions are a key contributor to energy and food price increases. George Saravelos, Deutsche Bank Global FX Research Head, says the market is too pessimistic on the euro. Ian Shepherdson, Pantheon Macroeconomics Chief Economist, says markets have been too aggressive on the speed of Fed hikes in the short-term. Cynthia Hooper, College of the Holy Cross Director of Russian and Eastern European Studies, discusses Vladimir Putin's Victory Day speech.See omnystudio.com/listener for privacy information.

Marty Walsh, U.S. Secretary of Labor, says 95% of pre-pandemic jobs have recovered. Jeffrey Rosenberg, BlackRock Portfolio Manager of the Systematic Multi-Strategy Fund, says to watch the trend in wage inflation. Neil Dutta, Renaissance Macro Head of Economics, doesn't expect anyone to be talking about a 75 basis-point hike anymore after today's jobs report. Mark Kimmitt, Retired Brigadier General & Former Assistant Secretary of State for Political-Military Affairs, says he would be surprised if the U.S. hadn't been providing intelligence support to Ukraine. See omnystudio.com/listener for privacy information.

 Sebastien Page, T. Rowe Price Chief Investment Strategist and Head of Global Multi-Asset, says world capital markets are going through a hangover. Nela Richardson, ADP Chief Economist, says we can't assume inflation will come down in a straight line. Marc Chandler, Bannockburn Chief Market Strategist, says Europe as a whole looks like it's headed for a recession. Paul Sankey, Sankey Research Founder & Lead Analyst, expects oil to hold in the $110-$115 range.See omnystudio.com/listener for privacy information.

 Jamie Dimon, JPMorgan Chase CEO, says the Fed should have raised rates sooner. Paul Romer, NYU Professor, Nobel Laureate & Former World Bank Chief Economist, says a stable 4% inflation rate should be a good target for the Fed. Ben Laidler, eToro Global Markets Strategist, says equities are in a correction. Elaine Kamarck, Brookings Senior Fellow, Harvard Professor & Former Clinton Administration Official, says the debate over abortion is causing a tsunami of fury ahead of mid-term elections. Barbara Corcoran, The Corcoran Group Founder & "Shark Tank" Executive Producer, says the under-footings of the real estate market are solid. See omnystudio.com/listener for privacy information.

 Ken Rogoff, Harvard Professor of Economics and Public Policy and Former IMF Chief Economist, says the Fed will have to raise rates to 4-5% to curb inflation. Mark Cabana, Bank of America Head of U.S. Rates Strategy, says it will be hard for the Fed to out-hawk the market. Kathy Jennings, Delaware Attorney General and Democratic Attorneys General Association Co-Chair, says the report that the Supreme Court may overturn Roe v. Wade should be a wake-up call for voters everywhere. Alina Polyakova, Center for European Policy Analysis President & CEO, says Putin's survival in Russia depends on a win in Ukraine. David Rubenstein, Bloomberg Wealth Host and Carlyle Group Co-Chairman and Co-Founder, discusses his interview with Marc Lasry, Avenue Capital Group Co-Founder & CEO and Milwaukee Bucks Co-Owner. See omnystudio.com/listener for privacy information.

 Ed Morse, Citigroup Global Head of Commodity Research, says China oil demand growth will be negative this year and won't come back quickly.Leland Miller, China Beige Book International CEO, sees widespread weakness in China. Julian Emanuel, Evercore Chief Equity & Quantitative Strategist, says picking stocks wins the day. Kathy Bostjancic, Oxford Economics Chief U.S. Financial Economist, says the Federal Reserve will go less aggressive than the markets believe. See omnystudio.com/listener for privacy information.