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Bloomberg Surveillance

Surveillance: Inflation Outlook With Fed's George

Bloomberg Surveillance

Bloomberg

News, Business, Business News, Investing

3.81.2K Ratings

🗓️ 26 August 2020

⏱️ 29 minutes

🧾️ Download transcript

Summary

Federal Reserve Bank of Kansas City President Esther George, who has been among the most hawkish Fed policy makers, isn't opposed to overshooting the 2% inflation goal and sees more risk of price pressures being too weak than too strong. Peter Hooper, Deutsche Bank Global Head of Economic Research, says the labor market recovery will be a long, slow slog. Libby Cantrill, PIMCO Head of Public Policy, says additional stimulus is a question of when, not if. David Rubenstein, Carlyle Group Co-Chairman and Co-Founder and Host of "The David Rubenstein Show: Peer-to-Peer Conversations," discusses his interview with Mark Cuban, Dallas Mavericks Owner.

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Transcript

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And context changes how you see things, how you change things, because context changes everything. Go to Bloomberg

0:24.6

dot com to get context. Welcome to the Bloomberg surveillance podcast. I'm Tom Keene.

0:43.4

Daily, we bring you insight from the best in economics, finance, investment, and international

0:48.9

relations.

0:49.8

Find Bloomberg Surveillance on Apple Podcasts, SoundCloud, Bloomberg.com, and of course,

0:56.2

on the Bloomberg.

0:57.2

We've been telling all of you this week on Bloomberg radio and television, the anticipation

1:01.6

for the speech by Chairman Powell at Jackson Hall.

1:04.7

We need to stop and explain Jackson Hall.

1:08.0

It is a beautiful place with mountains that only Michael McKee has climbed,

1:12.1

across the lake with a moose in the background

1:15.1

and the lodge. I've had the privilege of being there for some very important meetings

1:19.6

during the financial crisis, but this year is absolutely unique run by the Kansas City

1:25.0

Fed and their wonderful and interesting Esther George Jackson Hall will be a

1:30.0

virtual meeting to begin our coverage our Michael McKee spoke with Esther

1:35.1

George and they began on the framework at hand. Let's listen. I will just offer you

1:41.4

from my perspective that this has been I think a useful process

1:46.0

it's been a process that really asked of ourselves to look at what we've learned

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