Bloomberg Surveillance

Federal Reserve Bank of Boston President Eric Rosengren talks about the jobless rate and changing inflation dynamics. David Lipton, the first deputy managing director of the IMF, says the IMF has favored tax reform in the U.S. for a long time. David Malpass, the under secretary of the Treasury for International Affairs, says he'd like to see more growth in the U.S. and abroad. Nouriel Roubini, a professor at NYU's Stern School of Business, says monetary policy should be more aggressive if inflation is going to stay low. Finally, Pierre Moscovici, the European Commissioner for Economic and Financial Affairs, Taxation and Customs, says populism in Europe has lost battles but not the war.

Live from the World Bank/IMF Meetings in Washington DC. Christine Lagarde, IMF's managing director, says the IMF has repeatedly said corporate tax reform was needed in the U.S. Prior to that, World Bank President Jim Yong Kim says the World Bank is talking with the U.S. about infrastructure and private-sector development. The World Bank is also launching a women's initiative with Ivanka Trump this weekend. 

Mauricio Cardenas, Colombia's finance minister, says oil prices are the reason for lower GDP growth levels. Prior to that, Jason Furman, former chairman at the Council of Economic Advisers, says he's confident the Trump administration can keep up with the Ph.D.'s of the IMF. Ken Leon, a bank analyst at CFRA, says JPMorgan is more efficient than its peers. Klaus Regling, the managing director of the European Stability Mechanism, says lower taxes can help economic growth. Finally, South Africa's Central Bank Governor Lesetja Kganyago says the government is stable despite political contestation. 

Charles Evans, the president of the Federal Reserve Bank of Chicago, discusses inflation expectations and says we should be spending time above two percent inflation. Christopher Scalia, editor of "Scalia Speaks," talks about his dad Antonin Scalia and reflects on law and faith. Mike Mayo, the head of U.S. large-cap bank research at Wells Fargo, says banks seek returns and profitability and not market share. Finally, William Blair's Nick Heymann says Honeywell isn't broken, just simplifying. 

Richard Thaler, the winner of the Nobel Prize in Economics, discusses volatility in stocks and says stocks can't be based on the certitude that there will be a massive tax cut. Prior to that, Kevin Hassett, the chair of the Council of Economic Advisers, says tax reform deserves bipartisan support. Luigi Zingales, a finance professor at the University of Chicago's Booth School of Business, says it's impossible to think about economics without behavioral economics. Finally, Olivier Blanchard, a senior fellow at the Peterson Institute, says tax reform won't boost growth.  

Glenn Hubbard, the dean of Columbia University Business School, discusses Richard Thaler's "great" Nobel Prize win. Andreas Dombret, a board member at Deutsche Bundesbank, says the Basel Committee is moving closer and closer to a deal. Yale University's Robert Shiller says behavioral economics is the most important thing to happen in economics in the last 20 years. Finally, Randall Kroszner, a professor of economics at the University of Chicago's Booth School of Economics, says adding humanity into economics has been a transformation in recent years. 

Janus Henderson's Bill Gross says Neel Kashkari would be his choice for chair of the Federal Reserve, but doesn't see it happening. Princeton's Alan Krueger says the tax proposals could have substantial effects on the U.S. economy. Finally, Gary Cohn, director of the U.S. National Economic Council, says the stock market reflects President Trump's economic plan.

We are in an era of weak leadership, says Marc Chandler, Brown Brothers Harriman's global head of currency strategy, and the support ratings for some leaders in Europe are lower than Donald Trump's. Eurasia Group's Jon Lieber says the military has a strong command on Trump's foreign policy. Finally, Representative Peter Roskam, a Republican from Illinois, says the end game is transformational tax reform.

Richard Haass, president of the Council on Foreign Relations, says Rex Tillerson can't succeed in his role as Secretary of State and that it's hard to run a disciplined operation under this administration. Jared Bernstein, a senior fellow at the Center on Budget and Policy Priorities, says a lot of economists are worried about the proposed tax plan's impact on deficit and debt. Finally, Willett Advisors' Steve Rattner says it's the White House's responsibility to "herd the cats" and bring people together.

Tom Keene sits down with Fed Vice Chairman, Stanley Fischer in an interview on Fed policy and the future of the Fed before his departure from the role. 

Lawmakers and executives are struggling to keep up with the influence of social networks and modern communication, Niall Ferguson, a senior fellow at the Hoover Institution, says. JPMorgan's John Normand says Brexit seems to be going soft. Finally, Representative Jan Schakowsky, a Democrat from Illinois, says the cardinal sin of politics is disrespect.

Filmmaker Ken Burns discusses the state of American gun legislation and his latest documentary, "The Vietnam War." Bob Profusek, a partner and head of M&A at Jones Day, says people within China's deal environment aren't worried about currency or regulation, but the attitude of the U.S. administration. Steven Barr, PWC's consumer markets leader, says physical retail may be stronger this holiday season. Finally, former Acting CBO Director Donald Marron says there's evidence that links tax cuts and economic growth, but it isn't as compelling as some think. 

Gary Cohn, the director of the National Economic Council, says the Trump administration is creating a tax plan that encourages Americans to invest in the future of the country. Christopher Giancarlo, chairman of the U.S. Commodity Futures Trading Commission, says the CFTC needs a 12 percent budget increase for more examiners, more economists and more technology. Ken Sena, a senior analyst at Wells Fargo Securities, reveals how his proprietary research into AI could shift the landscape for investors. Representative Tom Reed, a Republican from New York, talks about the proposed tax plan and says we have to reward hard work, not penalize it.

Stephen Moore, a former economic adviser for the Trump campaign, says corporations are holding up to $3 trillion abroad that needs to be brought back to the U.S. to get the economy growing. Prior to that, Dennis Gartman, editor and publisher of the Gartman Letter, says Bitcoin and other cryptocurrencies are ridiculously priced. Americans are tired of waiting for what the GOP said it would do, Republican Representative Jim Jordan says. Finally, Janus Henderson's Ashwin Alankar says as long as interest rates stay low, it's hard for volatility to rise. 

E.J. Dionne, the author of "One Nation After Trump" and a columnist at The Washington Post, says one of the biggest problems the U.S. faces is the disconnect between the economies of metro areas and smaller, industrial ones. It's great to have a turnover in Congress, according to Senator Pat Toomey, a Republican from Pennsylvania. Markets are drowning in cash, Bob Michele, managing director at JPMorgan Asset Management, says. CFRA's Lindsey Bell says equities are "the best house on the block." Finally, Chad Thomas, Bloomberg's bureau chief in Berlin, says Angela Merkel and German Finance Minister Wolfgang Schaeuble have a "love-hate" relationship. 

Chris Ailman, CIO of CalSTRS, says we'll see a split in market research and when it's valuable, people should be willing to pay for it. OPEC's power is diminishing but it still has the power to jawbone the price of oil, Bloomberg Intelligence's Mike McGlone says. Senator Chris Van Hollen, a Democrat from Maryland, says his party needs to refocus on what the Democratic party has always stood for: the chance for everybody to have a good job and decent future. Former Health and Human Services Secretary Kathleen Sebelius says more competition is the best rate restrictor in health care. Finally, Joel L. Fleishman, a professor at Duke University, talks about his book "Putting Wealth to Work: Philanthropy for Today or Investing for Tomorrow?" and says the most interesting things in life are the ones that can't be measured. 

John Kornblum, the former U.S. Ambassador to Germany, questions if Germany's next generation will jump into the digital world or become more national oriented. Jeromin Zettelmeyer, the former director-general for economic policy at the German Federal Ministry for Economic Affairs and Energy, says Germany's governing coalition has done very well economically. John Vail, the chief global strategist at Nikko Asset Management Americas, says the Japanese people are actually against inflation. The oil industry's in denial about electric cars, PK Verleger President Phil Verleger says. Finally, Cornell University's Eswar Prasad says the PBOC is in a good spot with the renminbi.

U.S. Commerce Secretary Wilbur Ross says that NAFTA is killing jobs and that the U.S. is the least protectionist major economy in the world. Prior to that, Ellen Zentner, Morgan Stanley's chief U.S. economist, says it's impossible to sustain three percent GDP growth with U.S. productivity the way it is. Finally, David Rubenstein, co-CEO of the Carlyle Group, says CBS CEO Les Moonves has an ability to pick shows that work. 

President Trump, Paul Ryan and Mitch McConnell torpedoed the bipartisan effort to pass healthcare, Senator Tim Kaine says. Prior to that, Wolfgang Ischinger, chairman of the Munich Security Conference, says there's no way that Germany, France or the U.K. can replace the leadership of the U.S. Finally, Stephen Roach, a senior fellow at Yale University, says there's a "tug of war" in China between the role of the state and the role of the markets.

The former governor of the Bank of England, Mervyn King, talks about how the financial crisis changed the banking culture and says a market economy can't succeed with near-zero interest rates. Martin Sorrell, CEO of WPP, says the uncertainty Brexit caused has been excruciating for his company. Finally, David Rubenstein, co-CEO of the Carlyle Group, defends the liberal arts education as important in business.