mike mckee is joining us from a dread. nice and sunny? we are jealous. mike: yes, it is.e said, where should we go to do this interview and he said madrid. [laughter] david: the interview sounded like he is paying attention to what is going on at the white on thend depending uncertainty there, it may well affect what the fed does this year in terms of a hike. is that what you took away from the interview? mike: yes, absolutely. he had put some measure of stimulus into his forecast for 2017 and 2018. and that was one of the reasons you could justify three rate increases this year and next year. but he says now he thinks he might have been too aggressive. he movedrch meeting, the stimulus into 2018 and after obamacare, he thinks maybe it has to come down more. which leaves she was where the economy is right now. with current economic conditions saying you could do it two more times this year. from a policy makers perspective, it is about keeping options open. from a market perspective, it could be interpreted as -- you know what, the fed is our best friend. they will be the

mike mckee, bloomberg international economics correspondent. in the u.s.,hile, donald trump and angela merkel are meeting for the first time in washington, d.c. top of the agenda, concerns about a u.s. shift toward protectionism. joining us is our chief washington correspondent. we understand the chancellor has arrived. do we know what her message will be? why extreme and chancellor angela merkel arriving at the white house. top of the discussion -- german chancellor angela merkel arriving at the white house. you could not have more opposite global leaders in regards to in the middle east than angela merkel and donald trump. they will be making public remarks. that is expected sometime in the next hour and a half to two hours, and they will receive some questions. this is a meeting that was delayed earlier this week because of the winter weather. a lot of attention focused today on trade policy as well as immigration. and the president will be making some comments on health care, the american health care act. let's listen to some of the things

dos nothing happens in march or may, you can confront the issue john williams talked about with mike mckeendill believe in you don't go in march or may coming the arithmetic can box even. mark: the international environment has put the fed off in the past. would you say this is it sweet spot given the calendar is skewed for later this month with the netherlands, grants, april, may, germany later this year. perfect not got a more opportunity to raise rates looking at the international picture. how we have written about both emerging and developed market indicators appear to be on an upswing. this is a benign international environment. last year it was like, is china going to fall apart? once more. it didn't international factors are working for them, not against it . if they wait until may do they risk tightening before the final round's of the french election. when they chose last year when it was just about to be the brexit vote. mark: the trump word, how does he play into this? not a greatow, deal. the fed says they don't need fiscal policy to kick in to get closer to their goals. we hav

they will sit down with mike mckee. catch both exclusive conversations.s is bloomberg. ♪ show me academy of country music awards. thank you so much for that down home welcome. show me female vocalist of the year. thank you so much. thank you so much acm's, i appreciate it. show me acm best moments. i could never have wished for, asked for and dreamt of anything more than this. catch your favorite moments from the acm awards and an exclusive encore performance by kelsea ballerini following the show on xfinity x1. the acm awards. live on sunday, april 2nd 8/7 central on cbs. >> it's 11:29 a.m. in hong kong and 11:29 p.m. in new york. say a $14 billion deal will reduce competition but creating it effective monopoly in many areas. it thwarts expansion strategies five years after the eu also banned tieups. >> both provide the same services. these markets, they are essentially the only players , and a merger would therefore have led to it effective monopoly, so our concerns are very serious. to armn is being urged itself with long-range defensive weapons in wha

they will sit down with mike mckee. catch both exclusive conversations.is bloomberg. ♪ >> i'm alisa parenti, and you are watching "bloomberg technology." british prime minister theresa marked the end of britain's 44 year membership in the eu. candidatesidential marine le pen was told by the french national treasure three years ago that her party would have to plu its deficitg with eu money. she was informed that her spending was spiraling out of control. the party is being investigated for potential misuse of parliament funds. the u.s. ambassador to the u.n. says the organization is partnering with a, quote, corrupt government in congo. she supports a massive cut in the world's largest peacekeeping mission there. her comments came a day after the bodies of an american and swedish investigator were found in a shallow grave. it offers israel -- the declaration was issued at the end of the annual arab summit in jordan. the palestinians want east jerusalem as their capital city. japan's ruling party wants the country to arm itself with its first offensive wea

we turn to mike mckee. mike is down in washington. he will get the first look at those numbers. is there any chance we are setting of sorrows -- setting ourselves up for a disappointment? may be settinget itself up for disappointment, but nobody thinks so. mentioned that whispered number of 230,000. 200 thousand jobs is the headline number that people are putting down on paper -- 200,000 jobs is the headline number that people are putting down on paper. 215,000 is the number for private sector jobs, which means the government is going to subtract the number that donald trump put a hiring freeze on. unemployment is set to drop. that what is always a wild card when you are considering whether or not people are coming back into the labor force. if you do get a 230,000 number, what other numbers are affected? what happens to the participation rate at that point? mike: if you get a lot of people coming back into the labor force, you would see more people participating in the labor force. numbers might not grow as fast because wages disperse among more people. it is hard to see exactl

[applause] mike mckee, let me ask you about this, the white house insisting people want lose coverage. mike: there has been a subtle linguiic shift. instead of giving coverage, it is access to coverage. if you can afford it, you can have this coverage. as he walks down handshake alley, members of congress, in and sit down in advance right by the edge. i don't see any democrats. democrats said they would avoid shaking his hand, and nobody appears to be immediately recognizable from blue states. the president makes his way down the aisle to the front of the house chamber to deliver his address. kevin, let me ask you about immigration. he is expected to say that the only long-term solution for humanitarian disasters is to create the conditions for people to return home and begin the process of rebuilding. might haveping there been reversal, that line seems to diminish that possibility. kevin: that is something many will be looking for, that particular section of this speech. tomorrow, he has anticipated to release some type of executive order. of course the initial round of executive ord

joining us is mike mckee. he is our international economics and policy editor. tell us what the agenda is. mike: we are hearing that the u.s. may have scored its first victory here. the latest draft of the g-20 communicated drops all reference to climate change. that is something that is different from their last communique. they want but the paris climate accord in play as fast as possible. it,u.s. fought against including it this year. it has been dropped. the french are upset i this. the finance minister suggests not writing about it doesn't mean not talking about it. it will be a topic. it's a win for the united states as it goes on. david: what might be coming back the other way? where does he start reassuring our allies that we won't the rabble-rousers? mike: that's an adjusting question. in light of how this negotiation behind-the-scenes we are being very aggressive in demanding changes to the communique on trade, currency, on climate change. mnuchin is trying to play the role of the person you can talk person the other ministers can get along with as oppo

david: thank you so much to mike mckee. tom barrack you are staying with us.asier line. we have bloomberg terminal, you can check out tv . click on charts and graphics and interact with us daily. it is a cool tool. you might have missed something in the program. this is bloomberg. ♪ david: this is bloomberg. before we let you know, tom, given all you know, what you see in the future, what is your strongest conviction trade? i would say firstly in things they know and understand. generally, real estate is going to be an unbelievable beneficiary. everything that is happening on the domestic front, i think, regional banks will grow and prosper as you unwrap some of the harshness of dodd-frank. marketsink emerging will ultimately be the beneficiary of a stronger more transparent david: and buoyant event. would you event in mexico -- would you invest in mexico >>? absolutely. >> as china has retrenched and stopped the outflow of money, it is causing confusion. i think that confusion is by opportunity. alix: you have president trump and steve mnuchin, who is muc

. >> [laughter] david: bloomberg's mike mckee, thanks so much for being here.be staying with us. coming up, today is the chairs turn. we will have special coverage of that janet yellen speech in chicago at 1:00 p.m. eastern time today. this is bloomberg. ♪ jon: this is bloomberg. and france, manual micron has taken over marine le pen in the presidential race. a new poll has micron with 27%, leading by less than two points. it shows that alain juppe would lead if he reentered the race. he lost the republican primary to francois fillon who is currently under pressure to step aside after being called out in a corruption investigation. thel is -- still with us is jpmorgan chase analyst of global assets funds. >> this is an opportunity for investors. if you look at the polls in france and the netherlands and things also, everybody we get another populist surprise this year and i just don't think we are. after brexit laugh and after trump. but look at this with president trump. average,in the last with hillary clinton leading by 3.9% in the popular vote, she won by 2

mike nesbitt standing in south down. i have worked for you in the past, this is me. but it didn't materialise. that was harold mckeeiewers across the united kingdom on the bbc news channel for our continuing assembly election coverage here in northern ireland. let's hear from election coverage here in northern ireland. let's hearfrom julian fowler who is our reporter in fermanagh south tyrone. you are at omagh leisure centre. interesting developments there, what's the latest? well, in stage four we have had the election of two sinn fein candidates, michelle gildernew and a new young candidate, gemma dolan. as expected, sdlp transfers have gone to the ulster unionist rose marry barton and that could spell trouble for lord maurice morrow, now they're transferring the surplus sinn fein votes, that could help their third candidate sean lynch across the line. he is currently 231 votes behind lord morrow. with those sinn fein transfers that could be just enough to get the last seat for sinn fein thachlt would leave sinn fein here on three seats, the dup, arlene foster on just here on three seats, the dup, arlene foster o

mike. sounds great. pretty good start here for the thursday morning commute. one new issue in the south bay. northbound 101 near mckeee have three vehicles involved in a crash. the middle lane is blocked and it sounds like they are getting that pushed off to the shoulder right now. emergency crews are on the way but that is a busy spot as it is so we'll see how long that is blocking. quick check of some drive times here. westbound 80, highway 4 to the maze, still in the green, 19 minutes, about 16 if you're continuing across the bay bridge. quick check of mass transit as well. muni looking good as is b.a.r.t. and ace, terrible day for you yesterday. today, not seeing anything like that. ace 1 and 3 out on time and no track work reported. >>> new at 6:00, airbnb's plans to provide more than just your next vacation rental. >>> first information about a recall on this popular table saw. >>> and a sneak peek at one of oakland's most popular attractions. attractions. >>> this weekend, afoot and light-hearted i take to the open road. healthy, free, the world before me, the long brown path before me leading wherever i choos