Surveillance: Secular Forces Keeping Inflation Low, Mai Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 18 December 2019
⏱️ 25 minutes
🧾️ Download transcript
Summary
Peter Hooper, Deutsche Bank Securities Global Head of Economic Research, sees inflation remaining below 2% over the next year. Nicola Mai, PIMCO Portfolio Manager & Sovereign Credit Analyst, does not foresee significant increases in inflation next year. Tom Porcelli, RBC Capital Markets Chief U.S. Economist, says the idea of a recession is funny. And Emily Wilkins, Bloomberg Government Reporter, provides an update on where impeachment motions stand.
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Join us in New York on November 29th for the Bloomberg Canadian Finance Conference, |
| 0:04.6 | proudly sponsored by National Bank of Canada Financial Markets. |
| 0:07.8 | 2023 marks the 11 year anniversary of our Canada focused event and continues the tradition of providing timely |
| 0:13.8 | insights and actionable strategies. We'll have senior government |
| 0:17.1 | officials from Saskatchewan, Quebec, British Columbia, Alberta and Ontario as well |
| 0:21.9 | as speakers from Northland Power, World Bank, Transolta, and many more. |
| 0:26.0 | Register at Bloomberg Live.com I'm Tom Keene. |
| 0:43.5 | Daily, we bring you insight from the best |
| 0:45.9 | in economics, finance, investment, and international relations. |
| 0:49.9 | Find Bloomberg Surveillance on Apple Podcasts SoundCloud, Bloomberg.com and of course |
| 0:56.1 | on the Bloomberg. |
| 0:57.1 | I want to bring him Peter Hooper, Deutsche Bank Security's global head of economic research. |
| 1:01.2 | Here's a take from Morgan Stanley. The Fed's reaction function |
| 1:04.5 | means risks skew asymmetrically to rate cuts over rate hikes in the next couple of years. |
| 1:10.4 | Peter, is that the Deutsche Bank take too? Absolutely. My colleague |
| 1:15.9 | Matt Lusetti put a very nice report over the weekend. We expect the Fed to |
| 1:20.9 | be on hold for the year ahead. We expect the Fed to be on hold for the year ahead. |
| 1:23.9 | We expect a key change mid-year. |
| 1:27.5 | J Pal has been telling us, expect us to give you |
| 1:30.6 | the results of our year of policy review here. |
| 1:34.0 | The major factor in that report will be a strengthening of the symmetric inflation target recognizing that they've been below 2% for the last decade and we're going to be above 2%. |
| 1:49.4 | We're going to aim to overshoot a bit on inflation. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.