Bloomberg Talks

Kenneth Rogoff, Chair of International Economics at Harvard, warns that rising debt and persistently higher interest rates are leaving the US increasingly vulnerable to the next major shock. He discusses why Washington cannot simply grow its way out of the problem, and why a fiscal crisis may ultimately be needed to force meaningful action. Rogoff spoke to Bloomberg’s Tom Keene on the sidelines of the Jackson Hole Economic Symposium.
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Bank of England Governor Andrew Bailey says the UK is not yet experiencing significant second-round inflation effects, citing a softening labor market. He spoke to Bloomberg's Lisa Abramowicz on the sidelines of the Jackson Hole Economic Symposium, ahead of the central bank’s next interest-rate decision on September 17th.
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Former Kansas City Fed President Esther George says inflation that continues to be "sticky" requires a response from Fed and that the question is: will the central bank respond with "Words or an action." Speaking with Bloomberg News' Lisa Abramowicz and Tom Keene ahead of Fed Chair Kevin Warsh's scheduled remarks, George says it's important for Fed to follow through to keep its credibility.
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Cleveland Fed President Beth Hammack says interest rates remain the central bank's clearest and most transparent policy tool for adjusting monetary policy. Speaking to Tom Keene, Lisa Abramowicz and Michael McKee on the sidelines of the Jackson Hole Economic Symposium, Hammack says policy makers "don't really know" how changes in the balance sheet will flow through the broader economy.
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Texas Agriculture Commissioner Sid Miller discusses President Trump's push to bring in more foreign beef, and says it is hurting US ranchers and could cost Republicans support in the midterm elections. Miller, also said he had a "heated discussion" with Agriculture Secretary Brooke Rollins over the policy and calls for mandatory country-of-origin labeling for beef. Miller spoke with Bloomberg's Joe Mathieu and Tyler Kendall.
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