Christina romer former chair of the provides council of Economic Advisor and a professor at berkley. Whats always impressed me about janet is she doesnt just stick to one idea, shes always saying am i missing something, is there some other idea that might be right here, is there more research we need to do. And i think in these kind of times when Monetary Policy is much more complicated and changing so rapidly, that kind of flexibility and watching the data and watching the new research as it comes through i think will serve her incredibly well. Rose we conclude this evening with sting, his new album and his new Musical Theatre piece headed for broadway is called the last ship. Rose the nomination of janet yellen and the music of sting when we continue. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. If confirmed by the senate i pledge to do my utmost to keep that trust and meet the great responsibilities that congress has entrusted
Christina romer former chair of the provides council of Economic Advisor and a professor at berkley. Whats always impressed me about janet is she doesnt just stick to one idea, shes always saying am i missing something, is there some other idea that might be right here, is there more research we need to do. And i think in these kind of times when Monetary Policy is much more complicated and changing so rapidly, that kind of flexibility and watching the data and watching the new research as it comes through i think will serve her incredibly well. Rose we conclude this evening with sting, his new album and his new Musical Theatre piece headed for broadway is called the last ship. Rose the nomination of janet yellen and the music of sting when we continue. Captioning sponsored by Rose Communications from our studios in new york city, this is charlie rose. If confirmed by the senate i pledge to do my utmost to keep that trust and meet the great responsibilities that congress has entrusted
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
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