Stockton: Tightening by the Fed is never a smooth process
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 24 May 2016
⏱️ 20 minutes
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| 0:00.0 | Welcome to Crash Course, a podcast about business, political, and social disruption and what we can learn from it. |
| 0:07.0 | I'm Tim O'Brien. Every week on Crash Course, I'm going to bring listeners directly into the arenas where epic upheavals occur and |
| 0:15.5 | I'm going to explore the lessons we can learn when creativity and ambition collide |
| 0:20.7 | with competition and power. |
| 0:23.0 | Listen to Crash Course every Tuesday on the IHeartRadio app, Apple Podcasts, |
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| 0:30.0 | Global Business News, 24 hours a day at Bloomberg.com, the Radio Plus Mobile |
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| 0:42.3 | And this Bloomberg Futures report this morning being brought to by Interactive Brokers and |
| 0:46.1 | CME Group. |
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| 0:51.4 | Interactive Brokers, the industry leader, learn more at |
| 0:54.0 | interactive brokers.com slash C&E group. Oh look at the Fed funds |
| 0:59.3 | futures now show the odds of a June rate rise from the Fed have increased to 32%. The idea of higher |
| 1:05.0 | rates as soon as next month, also pushing the dollar higher. Mariana Cush Lakota, the former |
| 1:10.4 | Minneapolis Fed president, told Bloomberg surveillance this morning. |
| 1:14.0 | Central banks have something of a communications problem. |
| 1:16.0 | I think the simple banks are conveying, unfortunately, |
| 1:20.0 | are communicating a sense of powerlessness, |
| 1:22.0 | and that feeds back on itself to to generate |
| 1:27.0 | lower inflation expectations, lower inflation outcomes. |
| 1:31.0 | Best Buy falling in early trading after forecasting second quarter profit, the trail |
... |
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