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Coming up, a conversation on International Trade relations with chair Jared Bernstein. It is hosted by the council on Foreign Relations. , i am Matthew Goodman , the director of the greenberg i Matthew Goodman, director of studies and as of two seconds ago im the director of the real econ initiative that we are rolling out today here at cfl r. Welcome to those of you in the room and those of you online as we look at reimagining American Economic leadership. Brainchild of mike roman said he wanted to emphasize a number of costcutting and this is the first we are rolling out. Make will have a chance to explain this in his own words, but i think ....
Expectations rose to the highest level since may. Larry fink of black rock on the network an hour or so ago. Inflation higher for longer, long rates will be above 5 . That does not sound like goldilocks to me. What a difference a week makes, dont you think . I dont know, maybe a day. I was calling you jimmy goldilocks yesterday. Maybe not today. There were cracks with that cpi report. Needed it to come in softer than expected. It didnt. Here is what were looking at. Inflation is indeed stickier than expected. I dont think thats fatal for the markets. I think were talking about inflation with a three handle now. I will Say Something that may not be popular, it may even get my committee mad at me never. As we go into 2024, this is an Election Year coming up in 2024, if you have headline cpi at 3 , yes, jay powell and everybody else says 2 , i think theyre going to be hard pressed ....
Why i was looking at it. And they made a big fuss about everything that i ever found. And it was because of the stage of where the plane was. If im looking at a plane thats supposed to be getting shipp and im the last person to see it, i shouldnt be finding missing fasteners, missing parts and things like that. So why were they not thanking you for picking up on these things . Theyjust wanted the product out. They werent focused on on the consequences of shipping bad fuselages. They were just focused on meeting the quotas, meeting the schedule, meeting the budget, meeting the numbers. If the numbers looked good, the state of the fuselages didnt really matter. And thats how i think the culture was driven in spirit. Throughout all this, youre picking up problems on fuselages that are being sent to boeing. Are fuselages getting through to boeing that still have flaws that have not been fixed . The whole time we were there, boeing knowingly knew that spirit was sending fuselages with many ....
Foreign relations. Welcome, i am Matthew Goodman , the director of the Greenberg Center geoeconomics studies and as of two minutes ago, the director of an initiative we are rolling out. We are launching this new initiative on reimagining leadership, this was the brainchild of mike roman said he wanted to emphasize a number of costcutting and this is the first we are rolling out. Make will have a chance to explain this in his own words, but i think we would agree there were two fundamental premises. It matters for americans and advancing u. S. Interests, but second ramos is a lot of things have changed in the world after world war ii, and American Economic leadership is going to look different over the years and decades ahead. I think of really, as a platform about what the challenges are what approaches would best ....
Foreign relations. Welcome, i am Matthew Goodman , the director of the Greenberg Center geoeconomics studies and as of two minutes ago, the director of an initiative we are rolling out. We are launching this new initiative on reimagining leadership, this was the brainchild of mike roman said he wanted to emphasize a number of costcutting and this is the first we are rolling out. Make will have a chance to explain this in his own words, but i think we would agree there were two fundamental premises. It matters for americans and advancing u. S. Interests, but second ramos is a lot of things have changed in the world after world war ii, and American Economic leadership is going to look different over the years and decades ahead. I think of really, as a platform about what the challenges are what approaches would best ....