. francine: thank you. let's get back to our guest host for the hour. it is alex friedman. i picked up something that he wrote earlier. it was well written and engaging. i picked it out as our morning must-read. aresaid in this world there only two tragedies. you are quoting oscar wilde. he said one is not getting what one wants, the other is getting it. you said the fed is not only looking at domestic demands, but they have become the central banker to the world. is that a mistake? alex: the fed has a dual mandate . one is full employment, the other is price stability or an inflation target. the fed has met both of those mandates. we have 5% unemployment in the united states and core cpi in the right target zone. essentially, they should raise rates, but they are not. you have to be careful what you ask war, or as oscar wilde said, that you might get what you want. the factd not stomach that they could be on a 4 rate cycle. the fed has to look at the rest of the world. the question, is this an independent domestic body or not? or do they have a different mandate, i would argue they do
high. francine: stay with bloomberg, surveillance is up next. we kick off the conversation with alex friedman, and we also hear from the nissan ceo. we will be talking to the chief financial officer of rwe, the utility company in germany. plenty of great interviews coming your way. this is the picture in london. after a couple of days, we are sun.g a little bit of ♪ francine: the majority of brazil's senate say they will vote to impeach president rousseff. the debate continues ahead of the vote. willn to the rescue, they buy 34% of mitsubishi. debate looms large, full coverage of the last super thursday before the referendum. "his is bloomberg "surveillance with tom keene and new york.
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