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Bloomberg Surveillance

Kocherlakota: Focus on Fed timeline is an unhealthy obsession

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.81.2K Ratings

🗓️ 24 May 2016

⏱️ 21 minutes

🧾️ Download transcript

Summary

Kocherlakota: Focus on Fed timeline is an unhealthy obsession

Transcript

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0:00.0

When you get your news from Bloomberg, you don't just get the story. You get the story behind the story.

0:07.0

How your Evie's battery may not be as green as it seems.

0:11.0

Why a decrease in global birth rates could send countries scrambling to increase immigration.

0:16.2

You get context.

0:17.6

And context changes how you see things, how you change things, because context changes everything. Go to Bloomberg

0:24.6

dot com to get context.

0:28.6

This is

0:35.0

is Bloomberg Surveillance. We expect the Fed to Heighten September,

0:38.0

even with the recent comments made by Fed officials bringing the possibility earlier,

0:41.0

we still think September is more likely the Fed has long

0:45.2

Considered June an open possibility not foreclosed I'm not saying that the Fed shouldn't raise it

0:51.4

But why don't you raise it get ready for a big market

0:54.6

correction and then go your way and keep normalizing rates.

0:58.0

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

1:05.0

He is the outlier, or at least he was the outlier in this hour.

1:09.6

Boy, Mike and I have been waiting for this discussion.

1:12.4

Naryana Kachal Lakota, the University of Rochester,

1:14.9

the former president of the Minneapolis Fed,

1:18.9

to join us here in a moment.

1:20.6

And we could talk literally for three hours non-stop with a mathematician

1:25.1

from Baltimore. No question about that. We said good morning to all of you Michael

1:30.2

McKee and Tom Keene worldwide as we go to this important interview brought to you by

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