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What we should do. In this panel, the question was, could we get some people to some very different points of view, to talk about, what difference does this really make . Is this worth the energy we spend on it and to whom does it matter . So we have a deliberately diverse panel. John taylor from stanford, wellknown for his taylor rule, thinking about Monetary Policy for a long time. Christian forbes from mit, until recently on the Monetary Policy committee of the bank of england, correct me if i am wrong, you never had a chance to raise rates, is that right . Right. You tried. Peter hooper chief economist of Deutsche Bank securities and writing about the relationship between the fed and the congress only briefly mention this morning but is relevant given after the Fe ....
By the Brookings Institution center on fiscal and Monetary Policy, an hour and 45 minutes. So, in thinking about this event and in what we wanted to accomplish here, what we set out to do was to have Larry Summers make the case why we should think about this, have a number of very experienced monetary economists who have views about what we should do, think about what we should do. In this panel, the question was, could we get some people to some very different points of view, to talk about, what difference does this really make . Is this worth the energy we spend on it and to whom does it matter . So we have a deliberately diverse panel. John taylor from stanford, wellknown for his taylor rule, thinking about Monetary Policy for a long time. Christian forbe ....
By the Brookings Institution center on fiscal and Monetary Policy, an hour and 45 minutes. So, in thinking about this event and in what we wanted to accomplish here, what we set out to do was to have Larry Summers make the case why we should think about this, have a number of very experienced monetary economists who have views about what we should do, think about what we should do. In this panel, the question was, could we get some people to some very different points of view, to talk about, what difference does this really make . Is this worth the energy we spend on it and to whom does it matter . So we have a deliberately diverse panel. John taylor from stanford, wellknown for his taylor rule, thinking about Monetary Policy for a long time. Christian forbe ....
Tuesday. The major indices have recovered about half the losses they saw on the lows from february 9th. From february 2 chnd to february 9th a big selloff, but weve seen half of that regained lets look at treasury yields. Yesterday the tenyear was sitting at 2. 837 . Once again this morning, tenyear at 2. 84 . 30year at 3. 124 . Overnight in asia, the nikkei was off by 0. 4 . Big gains for the hang seng. Up by 2. 27 . The shanghai was up as well. Check out whats happening in the early trading this morning in europe. Youll see green arrows across the board. The cac, the dax, and the ftse all showing gains of better than half a percentage point. Stocks are higher in italy and spain. Check out the dollar, which set a new low, 15month low against the yen yesterday. You can see that continuing. The dollar down once again, 10 7. 45, the dollar against the yen. Oil prices are actually below 59 this morning wti sitting at 58. 72 brent is above 60, 62. 43 those prices continue to drop. Couple b ....
Street. Im Carl Quintanilla a strong close with buffett on squawk. Fed chair pal on the squawk tomorrow we begin with futures pointing to a sharply higher open on the twoweek rally and buffetts advice for the longterm investor despite volatility, buy equity, not bonds. Ge is planning to restate three new candidates to a streamlined board of director. And the chip war continues over qualcomm urging broadcom to engage in direct talks for a takeover deal. Buffett is one of the big stories of the deal saying Berkshire Hathaway received the new tax law. Heres what becky said earlier on squawk. We had about 100 billion of unrealized gain in equities. Now, when they are sold, you pay tax on that. And previously when the tax was 35 , we would have had a 35 billion reserve for taxes against that as a liability. That would drop to about 21 billion. So 14 billion roughly that was ....