ambassador to germany, john emerson.is bloomberg. ♪ david: this is bloomberg. get theernoon, we will minutes from fomc meeting held last month and we hope we will get some guidance of the direction of rates and what the plans are for the fed to start reducing the balance sheet. here for his views on both his tony dwyer and gina smile. tony, let me start with you. one of the big questions is what they are doing with the inflation data. disappointing from their point of view is far led by the chair janet yellen. they say they will look past all that. at one point to you have to pay attention to it? tony: when inflation breakevens get out of whack. they are more in the neutral zone and had a good spike after the election and has since backed off. low end of neutral of market expectations and i think that is a little bit more f a guide and that is subject to revision and that's a good point as to why they may not look at it minutes a minute. justifying raising the rates? we heard that it is justified because we know monetary

haidi: that was the former ambassador to germany, john emerson.ing up, escalating tensions on the peninsula. new trade wars propping one market watcher to turn cautious. next, asian markets fluctuating between gains and losses as we look forward to the g-20 and u.s. jobs numbers. plenty more to come. this is bloomberg. ♪ ♪ >> from our studios in new york city, this is "charlie rose." charlie: david mccullough is here, one of this country's best known historians, he's won two pulitzer prizes and the presidential medal of freedom. his new book is a collection of speeches he's delivered over the last several decades. it's called "the american spirit: who we are and what we stand for." i'm pleased to have him back at this table. welcome. david: i am glad to be back. charlie: you've been outspoken about president trump. david: i have. along with a great many other

. >> i want to bring in john emerson, he was a former ambassador to germany. ambassador, germany is the host country, the eu for purposes of the g-20 is a country unto itself. so it's many, many countries bupt the bottom line, stephanie makes an interesting point, we haven't seen protests with this sort of violence involved since 2009, since the g-20 became a meeting of international leaders as opposed to finance ministers and bank governors, we're looking at tear gas -- >> burning car it looks like. >> car might be burning at this point. what has happened and what do you -- what are you thinking of the german response to this at the moment? >> actually, you have seen protests like this. protesting is almost a cottage industry in germany and europe. remember back about two years ago to the ecb meet being in frankfurt and those iconic pictures of people in clown suits with cars burning in the street. in -- not infrequently -- i would say almost once a week there's some kind of mass protest in germany and typically, very german, they set up a time, 2:00 and 5:00

emerson: it is 3:00. i want to thank the panel for a great job. [applause] sunday on american c-span3, we look at three u.s. presidents to read at 6 p.m. eastern, john f. the smithsonian museum collection of arts and images chronicling the life of the president to read >> the wonderful thing about the kennedys is that they never pushed photographers and predators away. they did not care how they were photographed. whether their coats were on, this or that. they knew that if they made themselves accessible to the media, they would be published. and of course, it was a groundswell. there is no question about it. the media coverage of jfk was the first time we had seen anything like it. announcer: followed that 8:00, ronald reagan's relationship with pope john paul ii. reagan, and, ronald the extraordinary untold for the us of the 20th century. sent a paul's second cable to reagan saying that he is praying for him. then reagan sent want to him saying i am praying to for you. -- i am praying for you. as for moscow, if they are worrying at this point about a kinship between the pope and the president? now they had really to worry about it. tv,uncer: amer