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Transcripts for BBCNEWS World Business Report 20211123 05:36:00

left virtually, so they will be happy, given that if you have a republican likejerome powell you better make both sides happy, so that s good, she is seen as somebody who is potentially anti bank, you might want to sell the dollar because she is slightly left of centre, there could be a bit of a loss of confidence in the us market, but they will take the kind of hawkish steps, the aggressive steps they need and she will temper back into room power s instinct to raise rates, you might be a bit slow on that because like she said she was concerned about the working man and woman, she won t want to see their mortgages rise too quickly and those interest rates will not rise as quickly, then you might want to be selling the dollar for a macro economic perspective, so left of centre, but it s very much, the great news is, it sjerome power s fed, not biden, so he can say that part was not my fault. interesting analysis there. i

Transcripts for BBCNEWS World Business Report 20211123 05:33:00

housing and transportation. we use our tools both to support the economy and strong labour market, and to prevent higher inflation from becoming entrenched. inflation from becoming entrenched. ,, ., ., , entrenched. serving alongside him, lael entrenched. serving alongside him, lael brainard, entrenched. serving alongside him, lael brainard, picked - entrenched. serving alongside him, lael brainard, picked as| him, lael brainard, picked as vice chair. i him, lael brainard, picked as vice-chain him, lael brainard, picked as vice-chair. i am committed to -auttin vice-chair. i am committed to putting working vice-chair. i am committed to putting working americans - vice-chair. i am committed to putting working americans at| putting working americans at the centre of my work at the federal the centre of my work at the federal reserve. this means getting federal reserve. this means getting inflation down, at a time getting inflation down, at a time when people are focused on th

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