In the crossfire in the battle against islamic state. Says 630released today civilians have been killed in u. S. Led airstrikes. Nearly half of those deaths occurred in or near mosul. The battle to retake the city has intensified in recent months. Justin trudeau says he will deliver the keynote address at the National Governors Association Meeting beginning thursday in providence. He says he wants to strengthen the vital relationship between canada and the United States. He says no other International Relationship is more important to canadian prosperity. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Live from bloomberg World Headquarters in new york. Joe were 30 minutes from the close of trading in the u. S. U. S. Stocks rebound from the biggest selloff since may after todays unexpectedly strong jobs were. Joe the question is whatd you miss . Trumpt president expresses concerns pressure interfered in 2016 u
To bring inflation up to our 2 objective. The fed is expected to hike rates in december and if inflation does not move back to the target they will have a Pretty Healthy debate about that. Whether or not we get a hike in december depends on where the inflation data goes. On our forecast, inflation will be flat between now and the end of the year. If that is the case, they will not hike. Accommodation of slow growth and low inflation will mean everything goes slowly. Pointay never get to the they are telling you that they will get. To hand it off to the next fed chairman, the rate even with inflation. The numbers probably not derailing a headache this year a hike this year. What comes first, the Balance Sheet reduction or the fed hike . Jonathan and joining me is the head of u. S. Rates along with me also, the head of the u. S. Fixed Income Research at Morgan Stanley. From wisconsin, jim cohan. Guys great to have you. Its begin with transit seems like a crutch. How long before the soft
Conclude that the trend falling short. Loading up on risky assets. Dominating the recent junkbond issues. We begin with a big issue, inflation data injects some doubt into the feds next move. Chair yellen we are very focused on trying to bring inflation up to our 2 objective. The fed is expected to hike rates in december and if inflation does not move back to be 2 target, they will have a Pretty Healthy debate about that. Whether or not we get a hike in december depends on where the inflation data goes. On our forecast, inflation will be flat between now and the end of the year. If that is the case, they will not hike. The combination of low inflation with slow growth will mean everything goes slowly. And like i said, they may never get to the point they are telling you that they will get. I view this as a victory to hand it off to the next fed chairman, the rate even with inflation. The Inflation Numbers are probably not going to derail a fed hike this year. But it does matter directl
Conclude that the trend falling short. Loading up on risky assets. Dominating the recent junkbond issues. We begin with a big issue, inflation data injects some doubt into the feds next move. Chair yellen we are very focused on trying to bring inflation up to our 2 objective. The fed is expected to hike rates in december and if inflation does not move back to be 2 target, they will have a Pretty Healthy debate about that. Whether or not we get a hike in december depends on where the inflation data goes. On our forecast, inflation will be flat between now and the end of the year. If that is the case, they will not hike. The combination of low inflation with slow growth will mean everything goes slowly. And like i said, they may never get to the point they are telling you that they will get. I view this as a victory to hand it off to the next fed chairman, the rate even with inflation. The Inflation Numbers are probably not going to derail a fed hike this year. But it does matter directl
Inflation up to our 2 objective. The fed is expected to hike rates in december and if inflation does not move back to their 2 target, they will have a Pretty Healthy debate about that. Whether or not we get a hike in december depends on where the inflation data goes. On our forecast, inflation will be pretty flat between now and the year ends. If that is the case, they will not hike. The combination of low inflation with slow growth will mean everything goes very slowly. And like i said, they may never get to the terminal point they are telling you that they will get. This is a victory to hand it off to the next fed chairman, a federal funds rate that is essentially even with inflation. The Inflation Numbers are probably not going to derail a fed hike this year. It does matter in the sequencing of events. What comes first, the Balance Sheet reduction or the fed hike . Jonathan and joining me is the head of u. S. Rate strategy at general. Alongside me also is the head of the u. S. Fixed