The Fed Will Remain the Fed, Bandholz Says
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 27 April 2018
⏱️ 34 minutes
🧾️ Download transcript
Summary
Harm Bandholz, Unicredit Chief U.S. Economist, says he has a hard time imagining a scenario where the Fed would do 5 rate hikes. Gideon Rose, Foreign Affairs Magazine Editor, is worried about what's happening in Eastern Europe. Neil Shearing, Capital Economics Chief Emerging Markets Economist, says the European economy seems to have lost some steam. Timothy L. O'Brien, Bloomberg Gadfly & Bloomberg View Executive Editor, says on a day to day basis, we need to adhere to the facts when it comes to Mueller's investigation and Michael Cohen.
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| 0:56.2 | on the Bloomberg. For the Federal Reserve then, White House announcing plans to nominate Pimco's |
| 1:06.1 | Rich Clarita as the Vice Chair of the Federal Reserve and filling the final |
| 1:10.2 | piece in the Fed's three most powerful spots, Yellen Fisher and Dudley out and |
| 1:14.9 | Powell Clarita Williams Inn. After all the concerns and conversations about the |
| 1:19.2 | changes the new administration would make to the US Central Bank. The new Fed looks a whole lot |
| 1:25.1 | like the old Fed. |
| 1:27.1 | Hahn-Banhold's only credit chief US economists joins us now and Hahn it was a |
| 1:31.4 | concern about a year ago about what this Federal |
| 1:34.1 | Reserve would look like and you'd have to say not much change. Yeah I totally |
| 1:38.6 | agree I think it's we have seen pretty pretty good choices. |
| 1:43.0 | There has been a year ago there was a concern that the whole fat may be totally revamped |
| 1:48.3 | after several comments from the administration. |
| 1:51.9 | Then the next concern was we have a new Fed chair who lacks this formal economics degree, |
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