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Finance & Markets

Market Will Be Disappointed By Warsh: Gerrity

Kelley Gerrity, fixed income client portfolio manager at Morgan Stanley Investment Management, joins Scarlet Fu on "Bloomberg Real Yield." They discuss Gerrity's expectations ahead of Fed chair Kevin Warsh's speech tomorrow at Jackson Hole. (Source: Bloomberg)

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Finance minister presents Colombia’s $203B budget proposal

Colombia’s Finance Minister Miguel Gomez presented a budget proposal of COP634.9 trillion ($203 billion) for the coming year, a 14% increase compared to last year.

  • Colombia's Finance Minister Miguel Gomez unveils $203B budget proposal
  • Budget increases 14% to COP634.9 trillion, driven by mounting debt
  • Earthquake in western Colombia necessitates additional spending

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