Reuters - Video

EDITION: U.S. | U.K. | IN

Video

3XSQ: Stimulus, shmimulus!-Fed official

Thursday, August 23, 2012 - 03:51

Aug 23 - St. Louis Fed President James Bullard is downplaying the likelihood of Fed action, saying its latest minutes are ''a bit stale.''

▲ Hide Transcript

View Transcript

Ahead no guarantees that it'll open up its wallet and meet the president. -- here it's. Welcome to three Times Square this Thursday from Reuters world headquarters. Well who did the -- James -- to the party we did I guess because he is our power player of the day. The Saint Louis fed president came on CNBC saying. You too much into the minutes from the Fed's latest policy meeting according to the document. Ben Bernanke and his crew appeared to be ready to put more money on the table to support the recovery quote. Fairly soon. But described in minutes is quote a bit stay -- as the recent economic picture has been improving. He may be speaking too soon as the number of Americans filing new claims for jobless benefits unexpectedly rose last week. The market expecting 365000. Claims but the number went to 372000. Today's daily digit. This suggests the labor market may be feeling too slowly to make much of a dent in the unemployment rate. I owe it to be HP boss Meg Whitman the former eBay chief as a work cut out for her when it comes to turning around Hewlett-Packard. As with Dell a bunch of brokerages cut their price target on the company stopped. This after HP's -- eight point nine billion dollar loss narrowed its full year earnings outlook. HB suffering from a downturn in the PC market which has been hurt by the rising popularity of tablets and Smartphones. HP shares are down almost 8%. So things are looking very so so in the US but getting even worse in Europe. Looks like the eurozone is going to hit its second recession in three years according to the latest numbers. -- well well joins us in London with all the gloomy news axle. Yes and no naked -- is -- today I'm afraid Lisa bomber harassed at such a second recession. A second recession in three years as you said that for the Arizona now pretty likely act according to the latest business surveys have ahead. And it looks like the rough is even spreading to Germany as well the surveys out this morning made the pretty grim reading. While lot of fracturing and services numbers for the yet for the seventeen nation Euro zone brought did not up. But still a very weak indeed and they marked a seventh month below fifty and that divides contraction. And growth. But the real focus is a set seemed to be on Germany's fourth straight month of contraction there on the -- they just survey suggesting. We could see a shrinking of the economy Q3 which of course. Means -- Kazaa itself slip into recession. I've -- say it at the end of the year it a lot now depends on the ECB what I can do September 6 if we get something that stabilizes confidence. Then maybe. Just maybe we'll start to see investment coming back but tough for the time being program. All right delivered here in thanks -- in London. And finally we have three Times Square can sniff at a good story. First Lady Gaga as fashionable -- ensemble email or call. Now President Obama and Republican hopeful Mitt Romney have been turned into Jerky Boys literally. Immortalized in portraits made entirely of beef jerky. The -- -- artists use fifteen bags of jerky for each picture dubbing him Barack Obama meets and meets Romney. What's next Angela Merkel is Angolan -- Well that is the latest. Three Times Square this Thursday you can follow us on Twitter at Reuters Insider and check out our Reuters YouTube channel at Reuters dot com slash Reuters TV. I'm Lisa Bernhard this is players.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

3XSQ: Stimulus, shmimulus!-Fed official

Thursday, August 23, 2012 - 03:51

Top News »

Most Popular »

Investing 201 »

Arian Foster = BlackBerry? Arian Foster = BlackBerry?

Fri, Oct 25, 2013 - (3:16)

Don’t miss these red flags for IPOs Don’t miss these red flags for IPOs

Thu, Oct 10, 2013 - (2:34)

Copycat currency trading Copycat currency trading

Wed, Oct 02, 2013 - (2:28)

When to dump a winner When to dump a winner

Tue, Sep 24, 2013 - (1:55)

Where gold might again attract Jim Rogers Where gold might again attract Jim Rogers

Thu, Sep 19, 2013 - (2:05)

Why savings interest rates won't budge Why savings interest rates won't budge

Fri, Sep 13, 2013 - (2:09)

Buy local? ETFs try the trend Buy local? ETFs try the trend

Thu, Sep 05, 2013 - (2:42)

The better bond funds The better bond funds

Wed, Aug 07, 2013 - (2:40)

Best bargain in 40 years? European stocks Best bargain in 40 years? European stocks

Thu, Aug 01, 2013 - (2:24)

Invest like an activist Invest like an activist

Fri, Jul 26, 2013 - (2:49)

Why bruised Brazil is a buy Why bruised Brazil is a buy

Fri, Jul 19, 2013 - (2:48)

3 ways to fix your bond portfolio 3 ways to fix your bond portfolio

Thu, Jul 11, 2013 - (3:10)

The next gold? Diamonds lure investors The next gold? Diamonds lure investors

Wed, Jul 03, 2013 - (2:38)

How to play the Fed’s tapering timeline How to play the Fed’s tapering timeline

Thu, Jun 20, 2013 - (2:34)

How to play banker on the web How to play banker on the web

Tue, Jun 11, 2013 - (2:57)

3 surprises about the 2013 stock rally 3 surprises about the 2013 stock rally

Fri, May 24, 2013 - (2:11)

How to cash in on lawsuits - Investing 201 How to cash in on lawsuits - Investing 201

Tue, Apr 30, 2013 - (2:30)

Rising dollar will drive stocks higher Rising dollar will drive stocks higher

Wed, Apr 10, 2013 - (2:32)

A little-known path to big dividends - Investing 201 A little-known path to big dividends -...

Thu, Apr 04, 2013 - (3:16)

What exactly does Warren Buffett own? - Investing 201 What exactly does Warren Buffett own? -...

Thu, Feb 14, 2013 - (0:51)

Big short bets: Where are they now? - Investing 201 Big short bets: Where are they now? -...

Fri, Dec 21, 2012 - (2:33)

How iPhone 5 sales affect your wealth - Investing 201 How iPhone 5 sales affect your wealth -...

Wed, Sep 26, 2012 - (2:52)

How to avoid doomed ETFs - Investing 201 How to avoid doomed ETFs - Investing 201

Mon, Sep 24, 2012 - (1:56)

Money Clip »

3 things to do before disaster strikes 3 things to do before disaster strikes

Wed, Sep 18, 2013 - (1:39)

Your must-do money list Your must-do money list

Wed, Sep 11, 2013 - (1:24)

The worst "best" financial advice The worst "best" financial advice

Wed, Sep 04, 2013 - (1:42)

Forget gold: The case for REITs Forget gold: The case for REITs

Fri, Apr 26, 2013 - (1:19)

3 rules for buying a house now 3 rules for buying a house now

Thu, Apr 18, 2013 - (1:39)

“Stalking” your dream home - Money Clip “Stalking” your dream home - Money Clip

Wed, Mar 27, 2013 - (2:50)

3 hidden tax deductions - Money Clip 3 hidden tax deductions - Money Clip

Thu, Mar 21, 2013 - (1:33)

How to break your prenup - Money Clip How to break your prenup - Money Clip

Thu, Mar 07, 2013 - (1:18)

Watch your wallet on Pinterest - Money Clip Watch your wallet on Pinterest - Money Clip

Thu, Feb 21, 2013 - (1:33)

Get set for the big bull run - Money Clip Get set for the big bull run - Money Clip

Thu, Jan 24, 2013 - (3:41)

Raising charitable kids - Money Clip Raising charitable kids - Money Clip

Tue, Dec 11, 2012 - (1:24)

Render unto Apple - Money Clip Render unto Apple - Money Clip

Fri, Dec 07, 2012 - (2:50)

Reuters Investigates »

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, Feb 19, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, Jan 10, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, Aug 29, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, Aug 29, 2013 - (13:21)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, Aug 05, 2013 - (1:36)

How education lost its role as the great equalizer - Reuters Investigates How education lost its role as the great...

Mon, Dec 17, 2012 - (7:52)

Jihad Jane: From abused child to American jihadist - Reuters Investigates Jihad Jane: From abused child to American...

Sat, Dec 08, 2012 - (10:01)

Jihad Jane: The order to kill - Reuters Investigates Jihad Jane: The order to kill - Reuters...

Sun, Dec 09, 2012 - (10:39)

Lessons of the Jihad Jane case - Reuters Investigates Lessons of the Jihad Jane case - Reuters...

Sun, Dec 09, 2012 - (3:43)

Exclusive: Jihad Jane in her own words Exclusive: Jihad Jane in her own words

Sat, Dec 08, 2012 - (4:11)

Attorney: How a Maryland teenager became radicalized - Reuters Investigates Attorney: How a Maryland teenager became...

Fri, Dec 07, 2012 - (4:21)

Counselor: Jihad Jane at 17 - Reuters Investigates Counselor: Jihad Jane at 17 - Reuters...

Thu, Dec 06, 2012 - (4:17)

Reuters Investigates: Easing the grip of China's state-owned giants Reuters Investigates: Easing the grip of...

Tue, Oct 16, 2012 - (3:16)

Critics warn shadowy groups could bring bloodshed if Chavez loses - Reuters Investigates Critics warn shadowy groups could bring...

Mon, Aug 13, 2012 - (2:54)

Starbucks brews up big tax breaks Starbucks brews up big tax breaks

Mon, Oct 15, 2012 - (3:46)

Moving Pictures »

Still missing – MH370 Still missing – MH370

Fri, Sep 05, 2014 - (2:05)

Images of August Images of August

Fri, Aug 29, 2014 - (1:00)

Burning Together Burning Together

Mon, Sep 01, 2014 - (2:23)

Mending dolls, teddies and hearts Mending dolls, teddies and hearts

Fri, Aug 22, 2014 - (3:12)

"Old timers" sail the Chesapeake Bay "Old timers" sail the Chesapeake Bay

Mon, Aug 11, 2014 - (2:27)

Burned memories Burned memories

Fri, Aug 08, 2014 - (3:02)

Images of July Images of July

Thu, Jul 31, 2014 - (1:20)

World Cup: passion on the pitch World Cup: passion on the pitch

Fri, Jul 11, 2014 - (1:00)

A refugee in America gives back A refugee in America gives back

Wed, Jul 02, 2014 - (3:25)

A long search for refuge A long search for refuge

Fri, Jun 20, 2014 - (3:04)

World Cup: Around the globe in 50 goals World Cup: Around the globe in 50 goals

Fri, Jun 06, 2014 - (1:08)

VIVID – Sydney’s spectacle of light VIVID – Sydney’s spectacle of light

Fri, May 30, 2014 - (1:37)

The week that changed Boston The week that changed Boston

Mon, Apr 14, 2014 - (3:28)

360° snapshot of life in Kabul 360° snapshot of life in Kabul

Fri, Apr 04, 2014 - (1:26)

A blind teenager, living with vision A blind teenager, living with vision

Thu, Mar 27, 2014 - (3:51)

TIMELAPSE: Backstage at the Oscars TIMELAPSE: Backstage at the Oscars

Wed, Mar 05, 2014 - (2:49)

TIMELAPSE: Lunch with Oscar nominees TIMELAPSE: Lunch with Oscar nominees

Wed, Feb 12, 2014 - (2:55)

Sochi Highlights: Let the games begin Sochi Highlights: Let the games begin

Fri, Feb 07, 2014 - (0:40)

TIMELAPSE: On the Golden Globes red carpet TIMELAPSE: On the Golden Globes red carpet

Tue, Jan 14, 2014 - (3:28)

Pictures of the Year 2013 Pictures of the Year 2013

Fri, Dec 20, 2013 - (3:03)

Marching to the beat of Sousa's drum Marching to the beat of Sousa's drum

Thu, Dec 05, 2013 - (6:11)

The Gettysburg Address The Gettysburg Address

Thu, Nov 28, 2013 - (2:31)

Making Gruyere: A family affair Making Gruyere: A family affair

Wed, Oct 16, 2013 - (5:06)

Abortion: After the decision Abortion: After the decision

Tue, Sep 17, 2013 - (5:46)

A Hollywood Timelapse A Hollywood Timelapse

Mon, Jul 22, 2013 - (2:24)

Idaho's militia training Idaho's militia training

Wed, Jul 17, 2013 - (5:04)

Tornado survivors of Moore, Oklahoma Tornado survivors of Moore, Oklahoma

Fri, Jun 07, 2013 - (5:25)

24 hours in Taksim Square 24 hours in Taksim Square

Thu, Jun 06, 2013 - (1:00)

A Zeppelin flashback A Zeppelin flashback

Wed, Jun 05, 2013 - (6:50)

Dateline Asia »

iPhone black market surges in Hong Kong iPhone black market surges in Hong Kong

Fri, Sep 19, 2014 - (1:50)

Breakingviews: Alibaba priced for believers Breakingviews: Alibaba priced for believers

Thu, Sep 18, 2014 - (3:09)

Sterling jumps, on Scottish vote Sterling jumps, on Scottish vote

Thu, Sep 18, 2014 - (2:56)

Rare rock on the block in Hong Kong Rare rock on the block in Hong Kong

Thu, Sep 18, 2014 - (1:43)

Alibaba IPO is 'overhyped': Mark Mobius Alibaba IPO is 'overhyped': Mark Mobius

Thu, Sep 18, 2014 - (4:13)

China tech players chip away at Alibaba China tech players chip away at Alibaba

Wed, Sep 17, 2014 - (4:02)

Breakingviews: India hits Japan/China radar Breakingviews: India hits Japan/China radar

Tue, Sep 16, 2014 - (2:20)

Asia corporate sentiment is slipping Asia corporate sentiment is slipping

Tue, Sep 16, 2014 - (1:36)

Alibaba's China roadshow Alibaba's China roadshow

Mon, Sep 15, 2014 - (2:16)

Asia Week Ahead: Xi Jinping gets down to business in India Asia Week Ahead: Xi Jinping gets down to...

Fri, Sep 12, 2014 - (1:56)

Vancouver 'unaffordable'? Not in China Vancouver 'unaffordable'? Not in China

Thu, Sep 11, 2014 - (3:16)

Breakingviews: Export shortfall damaging emerging economies Breakingviews: Export shortfall damaging...

Wed, Sep 10, 2014 - (2:33)

Hong Kong democracy - the facts Hong Kong democracy - the facts

Wed, Sep 10, 2014 - (1:26)

Breakingviews: Get to know the Alibaba valuation calculator Breakingviews: Get to know the Alibaba...

Tue, Sep 09, 2014 - (3:30)

Abe looks to Japan's consumers Abe looks to Japan's consumers

Tue, Sep 09, 2014 - (1:45)

Corruption crackdown gives rise to a new mooncake in China Corruption crackdown gives rise to a new...

Mon, Sep 08, 2014 - (2:09)

Asia Week Ahead: China trade to reveal recovery pace Asia Week Ahead: China trade to reveal...

Fri, Sep 05, 2014 - (1:22)

Breakingviews: Beijing signals no more 'hands-off Hong Kong' Breakingviews: Beijing signals no more...

Sun, Aug 31, 2014 - (3:08)