turn could destabilize the financial markets again. and if they do what s best for financial markets that could aggravate inflation and make it become more entrenched. so unfortunately, they only have this one blunt instrument, which is raising rates. they can raise them or not raise them or they can cut them. i don t think anybody s really expecting that tomorrow. but they have that one tool and that s about it. and they don t really have a scalpel, unfortunately. so again, almost whatever choice they make will in some respect be the wrong choice. but i think they re going to try to finesse it with how they communicate their decision. again, even if they pause rates pause rate hikes, rather, tomorrow. maybe they will communicate hey, guys hey, world, this doesn t mean that we re done. and getting that message exactly right is important. because there are other people who worry, including a number of former fed officials who have said explicitly on the record, well, if the fed paus
an end to the battle against inflation and not an end to the increase in interest rates. but we don t know. i think they ll be digesting how markets react today and tomorrow morning and then evaluating based on all of that as well as all of the inflation and other, you know, real economy data that are coming in. so when you look at his role here, jerome powell, the fed chair s, on a continuum between scalpel and, say, whack-a-mole, where would you put him? where would i put him? his approach. i think his job s secure oh, his approach. his approach. i thought you meant is he going to get pushed out, which no. donald trump threatened to do. look, i think he has a really difficult job, and i do not envy him that difficult job. almost anything that the federal reserve does to try to deal with one problem, it s going to make its other problems worse. right? if they act more aggressively when it comes to inflation by raising interest rates, that in
on the lifetime allowance on pensions in order to keep my senior doctors in the national health service. now, you have said that this is, sort of, your party have said this is a giveaway for the right but you were quoted last year saying this cap on pensions was crazy, getting rid of it would save lives. have you gone back on your position? lives. have you gone back on your osition? . , ., ., position? specifically about how the ension position? specifically about how the pension rules position? specifically about how the pension rules affect position? specifically about how the pension rules affect doctors, - position? specifically about how the pension rules affect doctors, and i l pension rules affect doctors, and i have consistently called for a carve out for doctors similar to the one we have forjudges, actually, which would cost a fraction of the £1 billion government have given away to the wealthy 1% with a blanket scheme that benefits all the very highest earners. now, tha
upfront expenses. you mentioned the business upfront expenses. you mentioned the business side, upfront expenses. you mentioned the business side, this upfront expenses. you mentioned the business side, this tour - the business side, this tour has been postponed beforejune two justin has been postponed beforejune twojustin bieber s house. there were some issues about people not getting their money back? 50 people not getting their money back? ., . ., people not getting their money back? ., ., back? so far the official rate is everybody back? so far the official rate is everybody who back? so far the official rate is everybody who bought - back? so far the official rate - is everybody who bought tickets from the official retailer, like a ticketmaster, from the first source, they will get their money back. if you happen to go on a secondary website or bold tickets from a scalpel, it is up to you to get the money back yourself but all the refunds are being done now that it is of
alternative approach or when you re in the opposition you kind of have to try to tear down where things are at because you re ultimately going to be campaigning for change. that s the job of the opposition. look, when it s been a republican president, i wasn t altar boy, when this comes i m not anything close to it, but you ve got to be smart and effective about the way you go about it. you go about it with a scalpel, not a meat cleaver, and she just doesn t know how to do this. neither do a lot of them. and there are effective ways to be an opposition party, is critical for democracy, but we don t have an opposition party here. we got a bunch of crazy trashy white people that are just foaming at the mouth and i think the biden administration is happy with that. and finally, james, before i lose you tonight, there s a new york times piece arguing that biden should not run again. there s talk about whether the democrats should have an open