We have the founder and chief Investment Officer of rich water. Larry summers, former u. S. Secretary. Let me start off with you because actually, the world needs more easing. How difficult is it for the fed to raise rates . The fed is probably going to raise rates this year. Our expectations that the imf is that it is more likely to happen in midyear than at the end of 2015 contrary to what the markets expect in certain ways, and the fact that the fed is going to do that is good news in and of itself because it shows that two things are moving in the right direction. Employment is up, unemployment down and inflation is hopefully giving little signs of moving up in the right direction. We have these two indicators which have been extremely well communicated and identified by janet yellen, who has done a terrific job in communicating and giving the right anticipations to market operators, i think it is good news in and of itself. The consequences of that are going to be a different stor
Investment officer of bridgewater. Ana botin, chairwoman of banco santander. Larry summers, former u. S. Treasury secretary. Thank you for joining us in this great Bloomberg Panel debate. The world needs more easing. Christine lagarde, let me start with you. The world needs more easing. How difficult is it going to be for the fed to raise rates . The fed is probably going to raise rates this year. Our expectations of the imf is that it is more likely to happen midyear than the end of 2015 contrary to what is expected. The fact that the fed is going to do that is good news in and of itself. It shows that two things are moving in the right direction. Employment is up, unemployment down. And inflation is hopefully giving little signs of moving up in the right direction. With these two indicators, which have been extremely well communicated and identified by janet yellen, who has done a terrific job in communicating and giving the right anticipations to market operators, i think that it is
Investment officer of bridgewater. Ana botin, chairwoman of banco santander. Larry summers, former u. S. Treasury secretary. Thank you for joining us in this great Bloomberg Panel debate. The world needs more easing. How difficult is it going to be for the fed to late raise rates . The fed is probably going to raise rates this year. Our expectations of the imf is that it is more likely to happen midyear than the end of 2015 contrary to what is expected. The fact that the fed is going to do that is good news in and of itself. It shows that two things are moving in the right direction. Employment is up, unemployment down. And inflation is hopefully giving little signs of moving up in the right direction. With these two indicators, which have been extremely well communicated and identified by janet yellen, who has done a terrific job in communicating and giving the right anticipations to market operators, i think that it is good news in and of itself. The consequences will be a different
Ana botin, chairwoman of banco santander. Larry summers, former u. S. Treasury secretary. Thank you for joining us in this great Bloomberg Panel debate. The world needs more easing. How difficult is it going to be for the fed to raise rates . The fed is probably going to raise rates this year. Our expectations of the imf is that it is more likely to happen in midyear than the end of 2015, contrary to what is expected. The fact that the fed is going to do that is good news in and of itself. Because it shows that two things are moving in the right direction. Employment is up, unemployment down. And inflation is hopefully giving little signs of moving up in the right direction. With these two indicators, which have been extremely well communicated and identified by janet yellen, who has done a terrific job in communicating and giving the right anticipations to market operators, i think that it is good news in and of itself. The consequences will be a different story. Because clearly there
Investment officer of bridgewater. Ana botin, chairwoman of banco santander. Larry summers, former u. S. Treasury secretary. Thank you for joining us in this great Bloomberg Panel debate. The world needs more easing. How difficult is it going to be for the fed to raise rates . The fed is probably going to raise rates this year. Our expectations of the imf is that it is more likely to happen midyear than the end of 2015 contrary to what is expected. The fact that the fed is going to do that is good news in and of itself. It shows that two things are moving in the right direction. Employment is up, unemployment down. And inflation is hopefully giving little signs of moving up in the right direction. With these two indicators, which have been extremely well communicated and identified by janet yellen, who has done a terrific job in communicating and giving the right anticipations to market operators, i think that it is good news in and of itself. The consequences will be a different story