Japan Facing `Cost-Push' Inflation, Schulz Says

Jan. 31 (Bloomberg) -- Martin Schulz, an economist at Fujitsu Research Institute in Tokyo who has done research for the Bank of Japan, talks about the outlook for the nation's economy and central bank policy. Japan's inflation accelerated in December, strengthening pressure on Prime Minister Shinzo Abe to spur wage gains as he tries to drive Asia's second-biggest economy out of 15-year deflationary malaise. Schulz speaks with Angie Lau on Bloomberg Television's "First Up." (Source: Bloomberg)

Former Yellen Adviser Says Recession a ‘Live Possibility’
30:15 - Chair Janet Yellen said the Federal Reserve still expects to raise interest rates gradually while making it clear that continued market turmoil could throw the central bank off course from the multiple increases that policy makers have forecast for 2016. Andrew Levin, an economics professor at Dartmouth College in Hanover, New Hampshire, and a former policy adviser to Yellen when she was the Fed vice chair, speaks to Bloomberg’s Manus Cranny and Anna Edwards on “Countdown.”
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