China Seizes Japanese Ship in WWII Dispute

April 21 (Bloomberg) –- Bloomberg’s John Dawson reports on China impounding the vessel Baosteel Emotion, which is owned by Mitsui O.S.K. lines of Tokyo, in connection with a lawsuit concerning wartime reparations involving Chinese and Japanese shipping companies from World War II. He speaks to Angie Lau on Bloomberg Television’s “First Up.” (Source: Bloomberg)
Kocherlakota: Fed Treating 2% Inflation Like a Ceiling
22:58 - Minneapolis Fed President Narayana Kocherlakota discusses the inflation factor in Federal Reserve monetary policy. He speaks from the Jackson Hole economic symposium in Jackson Hole, Wyoming on "Market Makers." (Source: Bloomberg)
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  • Mester: Reasonably Confident Inflation Gets Back to 2%