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Bloomberg Surveillance

Bullard: Fed should edge to more normal rates

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.81.2K Ratings

🗓️ 23 March 2016

⏱️ 21 minutes

🧾️ Download transcript

Summary

Bullard: Fed should edge to more normal rates

Transcript

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0:00.0

There's so much news happening around the world that we're somehow supposed to stay on top of.

0:05.5

That's why we launched The Big Take. It's a daily podcast from Bloomberg and I Heart

0:11.4

Radio that turns down the volume a bit to give you some space to think.

0:16.5

I'm Wes Kossova.

0:18.0

Each weekday I dig into one important story and talk about why it matters.

0:23.7

Listen to the big take on the I Heart Radio app,

0:26.6

Apple Podcasts, or wherever you listen.

0:30.3

This is Bloomberg surveillance.

0:35.0

I see economic data approving the United States.

0:38.0

I think that's becoming increasingly obvious, but I still think we're going to be growing in the two somewhere.

0:42.0

I would recommend that investors stay deficient. But I still think we're going to be growing in the two somewhere.

0:42.7

I would recommend that investors stay defensively postured and cautious.

0:47.8

Policymakers, financial markets, and the economic and financial media look to the Fed to solve all the problems and they're not able to.

0:56.0

Bloomberg surveillance, your link to the world of economics, finance and investment on Bloomberg Radio.

1:03.0

And good morning, this is Bloomberg Surveillance.

1:05.0

I'm Karen Moscow along with Tom Keene and Michael McKee.

1:09.0

And we are just minutes away from an interview with St. Louis Fed President James Bullard.

1:14.0

But first, here's the news you need to know at this hour.

1:17.0

The dollar on its longest winning streak in a month,

1:19.0

as speculation builds at the Federal Reserve is moving closer to raising interest rates.

1:23.6

That's weighing on gold, oil, and emerging markets this morning.

1:27.2

Credit Suisse Group chief executive officer Tijon Tiam says the firm's traders had

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