Surveillance: Fed’s Bostic Calls For More Fiscal Aid
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 18 September 2020
⏱️ 46 minutes
🧾️ Download transcript
Summary
Federal Reserve Bank of Atlanta President, discusses the Fed's new policy framework, the outlook for the U.S. economy and the state of U.S.-China trade relations. Techonomy CEO & Bloomberg Contributor David Kirkpatrick and Council on Foreign Relations Senior Fellow for International Economics Brad Setser weigh in on the game of chicken between China and the U.S. over TikTok. Rebecca Patterson, Bridgewater Director of Investment Research, examines the paradigm shift in central banking.
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| 0:00.0 | Together we have the opportunity to build a more sustainable and inclusive future. |
| 0:06.0 | At the Bloomberg New Economy Forum, we help make this possibility a reality |
| 0:11.0 | by cultivating new connections among global leaders that transcend geographies, industries |
| 0:16.3 | and ideologies. |
| 0:18.4 | Because when global leaders work together, the outcomes benefit all of us. |
| 0:23.0 | Learn more at Bloomberg surveillance podcast. I'm Tom Keene. |
| 0:43.3 | Daily, we bring you insight from the best in economics, finance, |
| 0:46.9 | investment, and international relations. |
| 0:49.7 | Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, Bloomberg.com, and of course, on the |
| 0:56.2 | Bloomberg. |
| 0:57.2 | Good morning to Raphael Bostick, the president of the Atlanta Fed, and welcome to Bloomberg |
| 1:00.7 | radio and television worldwide. |
| 1:02.3 | Thanks for being with us this morning. |
| 1:04.8 | I want to start by asking about the new framework. |
| 1:08.0 | We know what it is. |
| 1:09.2 | Appropriate monetary policy will likely aim |
| 1:12.1 | to achieve inflation moderately above 2% for some time. |
| 1:16.4 | But what does that mean to you? |
| 1:17.9 | How do you define moderately above and how long is sometime? |
| 1:22.5 | Well, first of all, Mike, thank you for having me |
| 1:24.6 | on Bloomberg this morning. |
| 1:25.6 | It's really good to be here. |
... |
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