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Bloomberg Surveillance

Surveillance: Fed Credibility With Dudley

Bloomberg Surveillance

Bloomberg

Business News, News, Investing, Business

3.81.2K Ratings

🗓️ 20 September 2021

⏱️ 32 minutes

🧾️ Download transcript

Summary

Bill Dudley, Bloomberg Opinion Columnist & Former President, Federal Reserve Bank of New York, says there is a risk to the Fed's credibility. Lori Calvasina, RBC Capital Markets Head of U.S. Equity Strategy, says the fear in the markets is really starting to becoming palpable. Andrew Hollenhorst Citi Chief U.S. Economist, says the most important economic mystery right now is what's going on in the labor market. Amber D'Souza, Johns Hopkins University Bloomberg School of Public Health Professor of Epidemiology, says Pfizer's trial data for children is an "exciting development."

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Transcript

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0:00.0

Is inflation finally on the retreat? Can labor markets withstand an economic slowdown and demographic

0:05.9

headwinds? Will the tense geopolitical climate ease or escalate? This is the Outthinking

0:11.4

Investor. Join us as we re-examine the past, present-day opportunities and future possibilities

0:18.3

in global capital markets. The Outthinking Investor, an award-winning

0:23.2

podcast from PGIM. This podcast is intended solely for professional

0:27.1

investor use. Past performance is not a guarantee of future results. Join us in Toronto on

0:31.6

October 19th for Bloomberg's intelligent automation briefing about

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transformation in a time of uncertainty. During a special evening event,

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top business and IT executives will gather to explore ways in which intelligent

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automation can offset economic pressures and help organizations thrive by

0:48.9

enhancing operational efficiencies and stakeholder value. This program is

0:53.6

proudly sponsored by IBM. Register at BloombergLive.com slash automation slash radio.

1:05.1

Welcome to the Bloomberg's surveillance podcast I'm Tom Keane, along with Jonathan Farrell and Lisa

1:11.0

Abramowitz. Daily we bring you insight from the best and economics finance

1:16.2

investment and international relations to find Bloomberg's surveillance. An Apple podcast

1:21.8

suncloud, Bloomberg.com and of course on the Bloomberg terminal.

1:30.0

Right now William Dudley, the former president of the New York Fed,

1:33.0

Bloomberg opinion columnist with a timely essay at this morning that gets us to Wednesday,

1:38.4

but far more gets us to the new new and the new theory. Bill, I want to go back to Berkeley

1:43.2

and I've always had such a respect for the interesting faculty that shows a

1:47.7

University of California Berkeley over other institutions and it all wraps around a theory,

1:53.7

a belief, a behavior. And that wraps around the strange word credibility. What is the character

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