Tom Keene, Jonathan Ferro and Lisa Abramowicz have the economy and the markets “under surveillance” as they cover the latest in finance, economics and investment, and talk with the leading voices shaping the conversation around world markets. This show is simulcast worldwide on Bloomberg Television
and Radio.
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On March 6, 2023, the Federal Reserve had an awkward moment. During a live interview on Bloomberg Surveillance, the interviewer asked the Fed Chair about the current state of the economy and the Fed’s response to it. The awkwardness arose from the fact that the interviewer was working off outdated data, while the Fed Chair was speaking to current economic conditions.
The interviewer began asking questions about the economy based on data from the previous quarter, which was already several months old. The Fed Chair, who had just finished speaking to Congress and had access to up-to-date economic data, quickly corrected the interviewer’s assumptions and provided a more up-to-date analysis of the state of the economy.
The exchange was uncomfortable to watch, as the interviewer stumbled to keep up with the Fed Chair’s updated information. The Fed Chair was patient and professional, but it was clear that the conversation was not going as smoothly as either participant would have liked.
While the Fed Chair’s correction of the interviewer may have been awkward, it was also a reminder of the importance of staying up-to-date on economic data. The Fed’s actions are guided by the latest information available, and outdated data can lead to incorrect assumptions about the state of the economy and the appropriate response.
The exchange also highlights the importance of communication between the Fed and the media. The Fed’s decision-making process can be complex and difficult to understand, and clear communication with the public can help to increase transparency and build trust in the institution.
In the end, the awkward moment on Bloomberg Surveillance served as a reminder that even the most seasoned professionals can stumble when dealing with complex topics like the economy. It also demonstrated the importance of staying current on economic data and the need for clear communication between the Fed and the public.
Why do the big guess nose into small people's money affair.
the sports commentary is not fitting.
Awkward moment? The rates will continue to rise because it's already baked in. Anyone who thinks the FED's decisions are based in truthful data is delusional.
Every financial goal requires patience, dedication and consistent spirit knowing that investment is currently the most lucrative business in the world, BTC is positively changing people's lives. I stopped panicking about my BTC the very moment I started working with Mr K last year, his confidence and skills is on a maximum level..
@7:51
btw that jacket is DOPE
….Can i have your number Lisa? i swear ill only huu every OTHER hour…
Inflation control take fiscal and monetary, just look at historys hyperinflation.
The inverting yield curve is merely an artifact of the mortgage-backed securities and T-Bonds on the Fed's balance sheet
Simple, stay long until proven otherwise.
I did mention look away from Adani fiasco and invest in India, just in 2 days people who invested in BSE earned in billions.
Why do you need to lie about how the chinses government works? Because India doesn't get along with them? You are doing what the west does to Russia and India, giving them room to attack your own government. This is foolish on your part, they don't care what system you actually adopt lol, they will try and coup India soon enough. Be strong and stop acting scared of China, you can work with them, India can be strong if it has some confidence. Or do you really want to die on the hill that your British "democracy" is really democratic at all lol, get real and stop living in our western cope. China is Democratic and saying the NPC is a rubber stamp is just silly. India will not be strong till you stop idolizing the westerns lies about what is democracy and what is not. In truth India and China could learn from each other and both become more democratic then anything in the west. Stop pretending the British system is democracy, recall what they did to India. A war between China and the west will destroy India as much as anyone and you don't need them. Again, build confidence in your ability to work with China on your own, India is also a great nation and the Chinese have plenty of reasons to work it out with you. Don't let the west play on your fears and make you weak.
How does Biden know when the batch that her children took came in the country…..some people might start to wonder exactly how much you ACTUALLY know about these drugs , that you are so nonchalant about stopping
'22='23