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Transcripts For BLOOMBERG Bloomberg West 20150323

Announcing i am running for president of the United States. [applause] cory a person for later with the matter says ted cruzs wife is taking an unpaid leave of absence from her gig as managing director at Goldman Sachs to help him run his campaign. The federal reserves vice chairman, Stanley Fischer says a hike is coming. Here he is at the Economic Club of new york. The Interest Rate is expected to lift off for the end of this year as the normalization of Monetary Policy gets underway. The extraordinary Monetary Policy the fed has undertaken in response to the crisis has contributed importantly to the economic recovery. The economic recovery has taken longer than we expected. Cory he also said subsequent increases would not be uniform or predictable. Data shows the u. S. Housing market is struggling to gain traction as sales of previously owned homes rose to an annual rate of 4. 9 million. The National Association of realtors says low supply and higher prices are keeping buyers out of

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