Surveillance: Fed's George Favors Two More Rate Hikes in 2018
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 23 August 2018
⏱️ 28 minutes
🧾️ Download transcript
Summary
Michael McKee and Kathleen Hays, Bloomberg News Correspondents, are in Jackson Hole for the 2018 Economic Symposium. Hays speaks with Kansas City Fed President Esther George and McKee previews his upcoming interviews. Amo Mbatha, Bloomberg News Reporter, discusses South Africa's reaction to President Trump's tweet. Alan Ruskin, Deutsche Bank Global Co-Head of FX Strategy, says the modern economy tends to downgrade the importance of land in income distribution. Francisco Blanch, Bank of America Merrill Lynch Head of Global Commodities & Derivatives Research, thinks gold never responds well in environments of rising rates and a strong dollar. Nina Schick, Rasmussen Global Director of Data and Polling Company, and Richard Turnill, BlackRock Investment Institute Global Chief Investment Strategist, discuss U.S.-Russia relations.
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Transcript
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| 0:00.0 | To me, context is about pattern recognition. |
| 0:02.8 | It's connecting the dots. |
| 0:04.4 | It's giving readers an ability to synthesize |
| 0:07.6 | a number of different perspectives |
| 0:09.2 | so they can understand how the greater whole works, |
| 0:12.0 | because nothing really occurs in isolation anymore. |
| 0:14.4 | I'm Tim O'Brien and I'm the senior executive editor at Bloomberg Opinion. |
| 0:18.0 | On our platform, we ask tough questions and solve complex problems with the facts in mind. |
| 0:23.0 | Start exploring our opinion coverage and more at Bloomberg.com slash subscribe. Welcome to the Bloomberg Surveillance Podcast, I'm Tom Keene. |
| 0:40.0 | Daily, we bring you inside. Welcome to the Bloomberg Surveillance Podcast. I'm Tom Keene. |
| 0:43.5 | Daily, we bring you insight from the best |
| 0:45.9 | in economics, finance, investment, |
| 0:48.1 | and international relations. |
| 0:49.8 | Find Bloomberg Surveillance on Apple Podcasts SoundCloud, Bloomberg.com, and of coverage out at Jackson Hall. We are thrilled |
| 1:08.6 | that Michael McKee and Kathleen A's are there and is always the host of these Kansas City meetings within their |
| 1:17.1 | district is Wyoming and Jackson Hole here is the president of the |
| 1:21.3 | Kansas City Fed Esther George. |
| 1:23.2 | The economy is doing well and based on what I see today I think two more raid hikes |
| 1:27.8 | this year could be appropriate. |
| 1:29.8 | But I also am mindful that's not a commitment that each meeting you have to reassess and |
| 1:34.9 | understand what are you seeing in the data what are you hearing from your |
| 1:38.1 | constituents that you talk to and make the decision at that time. So hopefully everything holds together as we get to the end of the year. |
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