Fed's Bullard: Risk of Deflation?
Airtime: Fri. Jul. 30 2010 | 7:33 AM ET
Discussing the risk of deflation, with James Bullard, St. Louis Federal Reserve.
Airtime: Fri. Jul. 30 2010 | 7:33 AM ET
Discussing the risk of deflation, with James Bullard, St. Louis Federal Reserve.
When a government gets formed in Australia, Peter Costello, former Australian treasurer, says the practicalities of making laws will become exceptionally difficult. He tells CNBC’s Bernard Lo & Matthew Taylor that this will be a time of “weaker government”.
CNBC’s Phil LeBeau reports that China’s SAIC has informally approached GM about getting in on its IPO later this year. The company is said to have a 13-year relationship with GM.
Discussing the future outcomes of the global economy and how things are continuing to change, with Mohamed El-Erian, Pimco co-CEO; Ed Yardeni, Yardeni Research president; former IMF director Kenneth Rogoff, Harvard’s Thomas D. Cabot Professor of Public Policy.
President Obama shares remarks on the BP spill and more.
Connecticut Attorney General Richard Blumenthal is suing Moody’s and Standard & Poor’s claiming they knowingly assigned bad ratings to investments that contributed to the financial crisis. He discusses the suit with CNBC.
CNBC’s David Faber has the highlights on what Lloyd Blankfein said in response to SEC charges.