Like and how she might be different from ben bernanke. Well i think shell be fantastic. I think key to the fed gracefully exiting out of its quantitating policy and normalizing Interest Rates, the ability to communicate clearly to the marketplace. And thats what shes been working on at the fed. Shes been working really hard on communication strategy and key to communication is building consensus. You need to have the consensus view around the committee. And i dont think theres anyone better than her at doing that so i think shes going to be very good fed chairman and transition very nicely away from the bernanke fed. So i think were in good hands. I think well be in georgia shape. Rose transition away means what . Well, it should be a seamless transition so that its not disruptive to the Financial Markets, particularly in a very uncertain time given whats going on with fiscal policy and whats going on with washington. We need to have a seamless transition between chairman bernanke and
Tell me about what she might be like and how she might be different from ben bernanke. Well i think shell be fantastic. I think key to the fed gracefully exiting out of its quantitating policy and normalizing Interest Rates, the ability to communicate clearly to the marketplace. And thats what shes been working on at the fed. Shes been working really hard on communication strategy and key to communication is building consensus. You need to have the consensus view around the committee. And i dont think theres anyone better than her at doing that so i think shes going to be very good fed chairman and transition very nicely away from the bernanke fed. So i think were in good hands. I think well be in georgia shape. Rose transition away means what . Well, it should be a seamless transition so that its not disruptive to the Financial Markets, particularly in a very uncertain time given whats going on with fiscal policy and whats going on with washington. We need to have a seamless transitio
Like and how she might be different from ben bernanke. Well i think shell be fantastic. I think key to the fed gracefully exiting out of its quantitating policy and normalizing Interest Rates, the ability to communicate clearly to the marketplace. And thats what shes been working on at the fed. Shes been working really hard on communication strategy and key to communication is building consensus. You need to have the consensus view around the committee. And i dont think theres anyone better than her at doing that so i think shes going to be very good fed chairman and transition very nicely away from the bernanke fed. So i think were in good hands. I think well be in georgia shape. Rose transition away means what . Well, it should be a seamless transition so that its not disruptive to the Financial Markets, particularly in a very uncertain time given whats going on with fiscal policy and whats going on with washington. We need to have a seamless transition between chairman bernanke and
As many as 140 million americans are affected by the freezing temperatures. In chornlings, alaska whic anch, which is used to the cold, and chicago it was negative 18. Wind chills up to negative 45 and the effects are widespread. Minnesotas governor has ordered all schools closed today, and ifneindianapolis, has made it illegal for anyone to drive unless its an emergency. Usher kareshi, how dangerous are those conditions outside . Well tony, were seeing temperatures below minus 10 and minus 15. Residents are being told if they do not have to go outside they should not go outside. That is something authorities have been stressing for a long time now. We did hear also from the city that they were announcing the Chicago Public schools which were closed today will be closed once again on tuesday, closed for all 400,000 students. They are taking this very, very seriously and telling people to watch how much exposure they have outside. At loyola medical center, we talked about some of those
This thursday morning. Bloomberg recorders are standing by around the world ready to deliver the stories that will drive your day. Jonathan has the highlights on the Federal Reserve minutes. At the premiers comments today on growth, and Caroline Hyde has the story of the heart bleed security bug. Manus cranny is live from the ubs Wealth Management summit with exclusive energies from the Wealth Management summit with exclusive interviews. X we will speak with the ceo of. Bs dont miss the conversation with the companies cio for ultrahigh on the pulse. Is lets get back to our top story, the Federal Reserve released minutes and play down forecast by some of its own policymakers of an earlier than predicted rate rise. Jonathan ferro has the details. A tale of a cold winter, a videoconference that happen march 4. But start with the dots. Im going to pull up this beautiful chart for you. We have the dots representing the official view on when the Interest Rates will be next year and the year