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Bloomberg Surveillance

Surveillance: Fed's Path with Mester

Bloomberg Surveillance

Bloomberg

Investing, Business News, News, Business

3.81.2K Ratings

🗓️ 5 April 2023

⏱️ 35 minutes

🧾️ Download transcript

Summary

Federal Reserve Bank of Cleveland President Loretta Mester says Fed officials will need to raise interest rates "a little bit higher" and then hold them there for some time to bring inflation back toward their goal. Claudia Sahm, Former Federal Reserve Economist & Bloomberg Opinion Columnist, says the Fed's tools could cause a lot of pain. Gargi Chaudhuri, BlackRock Head of iShares Investment Strategy Americas calls this a "generational opportunity" for high quality income from fixed income. Michael Zeldin, Former Federal Prosecutor, discusses Donald Trump's legal troubles.

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Transcript

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0:00.0

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Our investments shape tomorrow today.

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Pissue your tomorrow with PGM, a leading global asset manager.

0:30.0

This is Paul Swini, here to tell you about another podcast you should be listening to.

0:34.0

The tape. Join us every weekday as we bring you detailed analysis of the day's

0:38.0

Wall Street Action from Bloomberg Intelligence and Bloomberg Opinion,

0:41.0

and conversations with influential newsmakers.

0:43.0

There's absolutely nothing wrong with having some cash on the sides like you are leaning pretty hard toward equity.

0:48.0

Because of all the dislocations, there's always relative value trades that you can be doing.

0:53.0

Subscribe to the tape today on Apple, Spotify, Bloomberg.com or wherever you get your podcasts.

1:00.0

This is the Bloomberg surveillance podcast I'm Tom Keane,

1:07.0

along with Jonathan Farrow and Lisa Abramowitz.

1:10.0

Join us each day for insight from the best and economics, geo-politics,

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1:19.0

on Apple, Spotify, and anywhere you get your podcasts and always.

1:24.0

I'm Bloomberg.com, the Bloomberg terminal, and the Bloomberg business app.

1:29.0

Everyone will get out their Newtonian calculus today to look at that two-year yield.

1:33.0

They'll go to logs, so Michael McKee and I really, well, we really don't do that.

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