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Bloomberg Surveillance

Surveillance: Fed’s Mester Says Policy in Good

Bloomberg Surveillance

Bloomberg

Investing, Business News, News, Business

3.81.2K Ratings

🗓️ 14 May 2021

⏱️ 38 minutes

🧾️ Download transcript

Summary

Federal Reserve Bank of Cleveland President Loretta Mester says policy is in a good place right now.. Claudia Sahm, Jain Family Institute Senior Fellow & Former Federal Reserve Economist, says people will tolerate inflation at a moderate level as long as wages are rising. Michael Nathanson and Craig Moffett, MoffettNathanson Founding Partners & Senior Research Analysts, discuss the streaming wars as Disney reports a miss in streaming user growth. Dr. Gigi Gronvall, Johns Hopkins Center for Health Security Senior Scholar, discusses the CDC lifting mask guidance for vaccinated individuals.

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Transcript

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0:00.0

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0:03.6

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0:30.2

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0:53.3

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0:55.9

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1:26.4

Mike McKee, what a joy, I love what you did with Neil Cushkari here in the last number of days,

1:35.7

and now you got the wonderful mathematician from Cleveland, Loretta Mester.

1:40.8

Yes, Tom, we do. We'd like to welcome the Cleveland Fed Bank President,

1:44.7

Loretta Mester, to Bloomberg Television and Radio Worldwide.

1:47.3

Thank you for joining us on this beautiful morning, at least here in Boston.

1:52.0

Looks like the narrative from President Mester,

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