mr. bullard's. the gun was mr. bullard's. the last phone call from the victim was to mr. bullard's apartment. >> but despite the overwhelming evidence, bullard not only denied he was the killer, he came up with the incredible tale that someone must have stolen all his things, committed the crime, then returned them. that's correct. cause i'm really nervous about getting trapped. why's that? uh, mark? go get help! i have my reasons. look, you don't have to feel trapped with our raise your rate cd. if our rate on this cd goes up, yours can too. oh that sounds nice. don't feel trapped with the ally raise your rate cd. ally bank. your money needs an ally. you stand behind what you say. there's a saying around here, around here you don't make excuses. you make commitments. and when you can't live up to them, you own up, and make it right. some people think the kind of accountability that thrives on so many streets in this country has gone missing in the places where it's needed most. but i know you'll still find it when you know where to look. my sinuses are acting up and i've

mr. bullard said that does not necessarily mean that policy will shift. >> i don't think the policy has reallyed. the committee said explicitly that while we are changing the language, we are not changing the intent of the policy. i think that message is getting through to the markets and that is the right way to look at it. >> as for the economy, bullard thinks it's looking pretty good. >> it's hard to predict the u.s. economy. it can go in a lot of different directions. i do think we are set up for a good year. and in 2014, even though the data was a little bit soft in the first half, tracking estimates -- i'm sorry, the first quarter, tracking estimates for gdp are a little bit low. we are still in position to grow at eight percent for the -- 3 percent for the remaining three quarters and probably hit eight percent for whole year and better the year after that. we are still in great shape for 2014. >> he had plenty to say about china's economic situation. you can watch the full interview on bloomberg.com/tv, or on our award-winning tablet app. new reforms ahead for the nsa. will this be mor

mr. bullard speaking out of hong kong. you will play us some of that later on in the day. he was trying to bat away janet yellen's comments about when the first hike will come. they say it will be the second half of 2015. ukraine seems to be taking a backseat today. obama will make some comments -- he already made some comments with juxtaposition of consequences. let's look at the equity markets, set to open higher. in terms of the news flow, equities are higher. banks, autos, betting companies. those are the three dominant themes on equity markets today. let's have a look at some of the companies that are moving. lloyds bank, this is the company in which the u.k. government has decided to take a second opportunity to sell part of to institutions and asset managers. they have to do it at a discount, a bigger discount this time than in september. 79.11 is where we are. peugeot saying they will be an active, participating shareholder. ladbroke's down .25%. gaming company, a lot of speculation that they could bid speculation. in terms of currency, a couple of interesting thin

mr. bullard from the fed. ♪ >> welcome back to "the pulse" live from bloomberg's european headquarters heren london, i'm francine lacqua. >> i'm guy johnson. he's these are the bloomberg top stories. china's president arrives in paris today to meet with president hollande. the meeting is an attempt to bridge the trade gap with china. they have deals with airbus to be signed today. >> qatar's air ways c.e.o. says hey will fly to paris. al baker talked about the company's all business class service that will operate out of heathrow. >> we have seen there is a huge demand for premium travel. we decided to have an aircraft that will be fitted with all business class, 40 seats in two cabins which we will operate. unfortunately, we will not be able to operate from london because the aircraft is a bit heavy. >> and rupert murdoch's sons just got promoted within his empire. lack lan has been named as nonexecutive chairman. croon cran, that is basically, it seals like the succession. these are the two brothers, sons. >> lachlan is the oldest brother along with james. they have two very different par

mr. bullard tomorrow. defended i think the removal of the inflation target. a much more qualitative outlook. they have done away with -- >> what do you make of this wide range of factors? be replacing to unemployment as the data item to watch? >> with the bank of england, it is spare capacity. how do you define that? janet yellen says it will be a range of indicators. i don't think there is any sort of what i would call transparency about what they are going to monitor. it is alchemy. does tapering finish? october or december? when is the first rate hike? >> i would say the middle of next year but projections already say that. >> for the rate hike? >> yes, but that assumes tapering continues on its current course. that is not given. >> another question we have got to ask is, last year we talked about tapering and how it wasn't good for the global economy in the short term. tos this bailout the ecb some extent? what does it mean for the bank of england? >> i think it bails out mr. draghi, absolutely. this puts a cap on the euro. doesn't pay itd back from what

whoy we have jim bullard objected to that decision and we have got stein as well, a governor at the fomc and mrr opportunity to set the record straight or just confuse us even more. look out for that. >> one of our guest said because the fed didn't respond within the first money for hours -- >> we would have heard already. was -- >> we have scheduled speakers. look for those. alan greenspan was a man that mastered what was called fed speak. if you understood what i said, then i misspoke. that is paraphrasing what mr. greenspan used to say. was this a slip up i janet yellen? she has been at the fed since the 1990's. was it a slip? maybe, maybe not. wait for the minutes. >> you don't want to give too much information. that is the key. >> they are worried about moving markets. they used to like to lose -- to use language that would confuse everyone. maybe she will be more reserved when she talks next time. >> china, a theme for the markets. disappointing data out of china. >> we have pmi sunday night, monday morning. hsbc ratings, everybody will be watching that. readyige book shows what much ever