and the other thing is the macro-prudential, so far the macro-prudential has been utilized in the context of incoming capital flows. asia has received quite a lot of capital flows. in the process the capital flow went into the real estate, and the real estate price went up. so, in many of the jurisdictions used the macro-prudential policy to combat the asset price, in the context of incoming capital flows. but now with possibly the reversal of this risk sentiment and possibly the region will be facing outflow of capital instead of inflow of capital. and at the same time we are facing a bit of a softening of the economy. so, if the economy softens, we loosen the monetary policy. but if you loosen the monetary policy, then the asset price inflation may be stoked. so, what are we going to do with these monetary policy, conduct of monetary policy. on the one side you have to combat the demand management. you have to loosen to accommodate the economic activities, but at the same time you have to make sure that it doesn't stoke the asset price inflation. so, the macro-prudential policy uses in

from a macro prudential policy perspective and for those who don't know the term macro-prudential policy at the imf we forget that sometimes people don't know these terms. but it's essentially not supervision of individual financial institutions. but supervision of the financial system from an aggregate perspective. you look at the financial system and you see where are the risks coming. so you know, it may be that individually, financial institutions may not be at risk. but on aggregate, if there's significant exposure to the real estate sector for example, that could pose systemic risks to the financial sector. so from a macro-prudential perspective, i think it's important also to keep in mind that it is different from exchange rate management. micro-prudential policy is to address systemic risk in the financial system. if there's significant capital inflows into asia as we saw right after the 2008 crisis. the micro-prudential policy would be the useful tool to use to address exposure of the financial system as a whole. to real estate prices, or to some other asset class. now in the ev

macro prudential policy is to address systemic risk in the financial system. if there are significant capital inflows into asia as we saw right after the 2008 crisis, then macro prudential policy would be the useful tool to use to address exposure of the financial system as a whole, to real estate prices or to some other asset class. now, in the event of capital outflows, macro prudential policy could also be loosened in the event that buffers have already been built. if there are buffers not built then it's important to make sure that macro prudential policy remains where the vulnerabilities or the exposure of the financial sector remain manageab manageable. this might be a long-winded way of saying that i think asia has a sound exchange rate policy. it's a much more flexible exchange rate regime to absorb shocks. it has, most central banlgs have a framework for macro prudential supervision and asia, in fact, has led the world in terms of implementing macro prudential policies address systemic risk in the financial system. >> i mean, let me force one more tim

from a macro-prudential policy perspective and for those who don't know the term, macro-prudential policy, the imf we forget sometimes people don't, you know, know these terms. but it's essentially not supervision of individual financial institutions, but supervision of the financial system from an aggregated perspective. so, you look at the financial system and you see where are the risks coming, so, you know, it may be that individually financial institutions may not be at risk, but on aggregate if there is significant exposure to the real estate sector, for example, that could pose systemic risks to the financial sector, so from a macro-prudential perspective i think it's important also to keep in mind that it is different from exchange rate management. macro-prudential policy is to address systemic risk in the financial system. if there are significant capital inflows into asia as we saw right after the 2008 crisis, the macro-prudential policy would be the useful tool to use to address exposure of the financial system as a whole, to real estate prices or to some other asset class. now

prudential brur cgesod n yoown or righ therwaycan esto$3. adding crestalon die lowers bad chole.cresr notpeoph lisease, omenre g,pr, have l uplly uriyellyeul k focresto carask octoout r. >> pelley: well, we just saw what the ocean has done to the jersey shore, but in the west, after four years of drought, el nio has kicked in with crushing waves and pounding rains that have left homeowners on the edge. here'son -- here's john blackstone. >> reporter: as the cliffs crash dramatically into the ocean, an apartment building teetering on the edge comes closer to falling in, as well. for residents still living in the building, the sea view from more danger than beauty. >> we heard a ba-boom. what the heck is that? >> reporter: in his apartment, >> i can't continue to have a professional life and social life as well as not know how long my property is going to be there. that's just no way the live. >> reporter: the order to go came this afternoon with notices going up that the building is unsafe. monica montoya has to be out by tonight. >> we have

. >> prudential. >> additional funding is provided by... newman's own foundation. donating all protests from own food products to charity. good.urishing the common the corporation for public broadcasting. and by contributions to your pbs you.on from viewers like thank you! again, live from washington, moderator gwen ifill. evening. five years ago today, a member in angress was gunned down tucson, arizona, parking lot. she survived. six others did not. week, gabby giffords and gun subsequent victims of violence return to the white house, to give the president emotional support for his latest laws. to tighten gun last night, he made his case to ackers and critics alike at cnn town hall meeting. >> one of the most frustrating is whenhat i hear opposed to who are any further laws, why don't you are enforce the laws that on the books? and those very same members of congress then cut atf budgets to to enforceossible the law. >> assuming that it's unlikely minds ind any of those congress this week, what is the president trying to accomplish here, alexis? >> it's a very go

prudential. >> additional corporate funding for "washington week" is provided by boeing. additional funding is provided by newman's own foundation. donating all profits from newman's own food products to charity. and nourishing the common good. the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. once again, moderator gwen ifill. gwen: good evening. at long last the moment has arrived. after months of money raising, finger pointing and political positioning, voters finally get their say beginning monday night in iowa. that doesn't mean more drama doesn't await in the next few days. like lafment night in des moines. where donald trump removed himself from the main stage but not from the main story. >> what happened last night that was amazing because i wasn't treated right. i did something that was very risky. and i think it turned out great. because i'm on the front page of every paper and getting more publicity than if i -- you know? i don't know. gwen: so a secondary fight broke out last night between senato

. >> prudential. >> we're committed to strong. we're committed to sure. we're committed to smart, light, secure and bold. in a world of enduring needs, the men and women of boeing are proud to build and deliver critical capabilities for those that serve to protect our nation and its allies. and that's an enduring ommitment. >> additional funding is provided by -- newman's own foundation. donating all profits from newman's food products to charity and nourishing the common good. by ublic badcasting and contributions to your pbs station from viewers like you. thank you. once again, from washington, moderator gwen ifill. gwen: good evening. you can always tell when the rubber is about to hit the road. thats when the politicians who once promised to stay above the fray dive in head first. new polls show you trailing by doublebyigits? take a shot. hillary clinton: senator sanders doesn't talk much about foreign policy but when he does it raises concerns because sometimes it can sound like he really hasn't thought it through. for example, he suggested we invite

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we will talk about it when we come back as you look live at the prudential. >> 16 the new year stay with us you are watching wbz this for the soccer team... for the girl scout meeting... how many meetings are you having?! p at stop&shop, prices are down. savings are up. pwhich makes the checkout lane, victory lane. my stop&shop. >>> welcome back 6:13. count down is onto today's winter classic. >> and very special visitors got to hit the ice at gillettel early. sled hockey players got a chance to show off their skills and we will have more on the winner classic later in sports. >> we have to get a live look atgillette this morning lights on and you can't see the hockey rink can you? >> a little bit in the corner. >> a little bit. >> but it's going to be a great day weather wise for this danielle. >> i was going to say as a hockey player you love the cold because the ice is harder and it's faster. >> okay. >> i didn't know that. >> we are getting the inside tips from chris. i like that. and you know the wind probably will help it out too. the reel feel temperature did real feel temperature

prudential [ cheers and applause ] >> jimmy: how fun was that? that was so fun. i mean, come on. billy joel, once again, everybody. [ cheers and applause ] oh, i love our next guest, too. he's a golden globe and academy award-winning actor. oh, he had a great speech. he lends his voice to the new animated film "kung fu panda 3" which hits theaters nationwide january 29th. ladies and gentlemen, please [ cheers and applause ] >> jimmy: they know talent when they see talent. >> absolutely. >> jimmy: they're a great audience out there. absolutely. you can't mess with them. [ cheers and applause ] >> they're going to be with you the whole year, right? >> jimmy: yeah, they're with me ev -- they've been here 31 consecutive shows in a row. it's a record-breaking thing. [ cheers ] so happy to have them. don't leave. don't leave. [ cheers and applause ] >> at some point, you're going to bring in some food. there will be some food later. >> jimmy: there will be some food later, yeah. [ cheers ] one of those tiny snack packs with crackers, and you spread the cheese on it. [ laughter ] the pl

prudential, bring your challenges. >>> thinking of ska rear change? >> no. are you, charlie? i'll speak for the group. no, we're not. >> first on cbs news in the world report calls the best jobs of 2016. the managing editor is in our toyota green room. he'll also reveal which professions have the highest salary. you're watching "cbs this morning." i don't want to live with the uncertainties of hep c. or wonder whether i should seek treatment. i am ready. because today there's harvoni. a revolutionary treatment for the most common type of chronic hepatitis c. harvoni is proven to cure up to 99% of patients who've had no prior treatment. it's the one and only cure that's one pill, once a day for 12 weeks. certain patients... can be cured with just 8 weeks of harvoni. with harvoni, there's no interferon and there are no complex regimens. hiv, or other medical conditions, and about all the medicines you take including herbal supplements. taking amiodarone with harvoni may cause a serious slowing of your heart rate. common side effects of harvoni may include tiredness, headache an

prudential bring your challenges® iand quit a lot,t but ended up nowhere. now i use this.nicoderm cq patch, with unique extended release technology, helps prevent the urge to smoke all day. i want this time to be my last time. that's why i choose nicoderm cq. >>> it's one of the most terrifying days in american history. >> this is just devastating. smoke and debris and fire on the ground. there are numerous injuries. >> the human toll is overwhelming. 168 people killed. at least 650 injured. among the dead are 19 children. >> there is very little hope for those that are left in that building. >> the oklahoma city bombing will go down in history as one of those elemental moments that people will remember where they were at the time. >> this is the grisly, meticulous search effort to find bodies. >> less than 90 minutes after the blast, about 75 miles north of oklahoma city, state trooper charlie hanger stops a 1977 mercury marquis for not having a license plate. the driver of the car is one timothy james mcveigh. >> when he got out of the car, he looked like a clean-cut you

prudential [ cheers and applause ] >> jimmy: welcome back, everybody. i'm here with josh brolin, kate mckinnon. [ cheers and applause ] and we're about to play "first impressions" right here. here we go. >> jimmy: now, the game works like this. we have a stack of envelopes here. inside each one is a card with the name of a celebrity with a a random phrase written on it. okay? the three of us will take turns reading a card in the voice of a celebrity. okay? and the other players have to guess who we're impersonating. okay? none of us do any of these impressions, by the way. all right? >> how do -- how do they know that when they do the cards? >> jimmy: the producers just made sure. >> oh, okay. >> jimmy: well we assume that you don't do any. >> that i don't do any? [ laughter ] >> jimmy: that was -- that was -- that was that stack. >> thank you. >> jimmy: and then you, we took away your faves, i think. >> that's good. >> jimmy: all right, so -- >> love to be handicapped. >> jimmy: yeah, this is going to be fun. that's the way you go into it. here we go.

prudential bring your challenges® it's not about hugging trees.takes care of more than just yourself. ♪ lease a 2016 lincoln mkz for $289 a month only at your lincoln dealer. . >> stephen: that's it for the late show. don't forget to watch "face the nation" this sunday morning. john dickerson has mr. trump, mr. rubio and his round table. now stick around for my friend james corden. good night, everybody. >> james: tonight, one of us is getting a real tattoo, right here. i pray it's not me. this is "the late late show." >> reggie: ♪ are you ready to have some fun ♪ and feel the love tonight it's "the late late show"

prudential bring your challenges >> stephen: welcome back, everybody.first guest tobt is a former u.s. secretary of defense and now an app developer, ladies and gentlemen, donald rumsfeld. (applause) >> that's quite an audience you have here. >> stephen: isn't that a nice audience which my goodness, yes. >> stephen: let me start off. >> let me say i'm glad i'm not running for president. (laughter) i'm glad i'm. >> stephen: i'm glad i'm not running for president too. were you ever tempted to run for president? did you ever want to be a politician. >> i was a congressman for awhile. >> stephen: what is the biggest difference between washington then and washington now. >> they didn't allow television in the house of representatives and the senate back in those days. >> stephen: you guys could have been doing anything in there. it was like the illuminati with secret handshakes. >> and some of them probably were. >> stephen: we'll get into the conspiracy theories in the second interview. >> come on. >> stephen: the first question have i to ask you is one i n

prudential [ cheers and applause ] >> jimmy: my thanks to natalie portman, john oliver, nobody does it like sia, right? come on now. you guys are phenomenal. thank you. give it up for the roots right there from philadelphia, pennsylvania, ladies and gentlemen. [ cheers and applause ] stay tuned for "late night with seth meyers." thank you for watching. have a great night. hope we see you tomorrow. bye-bye everybody. [ cheers and applause ] >> announcer: from 30 rockefeller plaza in new york, it's "late night with seth meyers." tonight --

prudential bring your challenges® ♪ ♪ lease a 2016 lincoln mkx for $399 a month only at your lincolnle-blower, erin brockovich. and a musical performance by aubrie sellers. now stick around for james corden. i like him so much. good night. captioning sponsored by cbs captioned by >> reggie: ♪ are you ready to have some fun it's "the late late show" ladies and gentlemen, all the way from norway, give it up for

prudential bring your challenges® ♪ >>> for nine years, the unabomber had evaded capture, outwittingement by using low tech methods and staying off the grid. but after he was spotted in the salt lake city parking lot in 1987, he seemed to vanish. >> it's been a year since the unabomber left his angry mark of death. >> after he committed that bombing and that composite was circulated in 1987, he dropped out of sight for six years. >> he could have been incarcerated. he could have had health issues. but you also have to realize it was the first time ever since 1978 he had ever been seen placing a device. so it could have been because he was fearful that he would be caught. >> the unabomber from 1987 to 1993 did nothing. people thought he was dead. but what he was doing, he was really learning how to build better bombs. >> wasn't until june of 1993 that the unabomber surfaced again sending a letter to "the new york times" saying we're the terrorist group fc, we have more to say and we'll get back in touch with you later. >> "fc" apparently stood for freedom club. kaczynski's assertion i

prudential bring your challenges ...to cook healthy meals...l short in getting key nutrients from food alone. let's do more... ...add one a day men's 50+. complete with key nutrients we may need. plus it helps support healthy blood pressure with vitamin d and magnesium. the 88th southern parallel. we had traveled for over 850 miles. my men driven nearly mad from starvation and frostbite. today we make history. >>bienvenidos! welcome to the south pole! if you're dora the explorer, you explore. it's what you do. >>what took you so long? if you want to save fifteen percent or more on car insurance, you switch to geico. it's what you do. >>you did it, yay! man (mr. mucus: tore do you work, with you.ing? it's taco tuesday. man: you're not coming. i took mucinex to help get rid of my mucusy congestion. i'm good all day. [announcer:] mucinex keeps working. not 4, not 6, but 12 hours. let's end this >>> very sad news out of pennsylvania. they're reporting the second weather-related death in that state. an 18-year-old girl collapsed while shoveling snow

prudential bring your challenges ( band playing ) ( cheers and applause ) >> stephen: that song-- jons so hot it looked like the thing just ejected you out of your seat. you couldn't keep your hands on the piano at the end of that song. >> jon: the jazz does that to you sometimes. welcome back. my first guest is a tony- and emmy-winning actor now starring in "black-ish" on abc. >> sound like money trouble and no wonder the way you two spend-- the latest jeans, mail-order, high-top sneaker boot tennis shoes. when i was growing up all you needed was black leather pants and a denim shirt. that's yi moved to l.a. >> you moved to l.a. because of that hit and run. >> this is not about me! >> stephen: please welcome laurence fishburne! ( cheers and applause ) >> stephen: that's nice. >> yes! >> stephen: i like the bow to the audience of respect before we get started. >> reverence for the audience, man. >> stephen: you've got to. i noticed tonight so many people in the audience were really, physically attractive people, did you notice that? >> they were, gorgeous people. >> stephen: really be

prudential bring your challenges >> dicky: the jimmy kimmel live concert series is presented by samsung. >> jimmy: thanks to shaquille o'neal, alison brie. apologies to matt damon, we ran "nightline" is next but first, this is his self-titled e.p., making his late night tv debut with the song "shine a light" banners! ooh ooh ooh ooh ooh ooh light will lead the way will set you free ooh ooh ooh ooh ooh ooh 'cause i'm only looking for a little peace and when the night falls oh, call on me just don't forget to show me some mercy say you're mine ooh take me higher oh-oh-oh-oh shine a light on shine a light on me oh-oh-oh-oh shine a light on shine a light on me 'cause i was lost at sea while the waves were dragging me underneath oh-oh-oh-oh shine a light on shine a light on me on me searching for some grace if i could hear your voice how sweet the sound i'm praying please don't don't let me drown just carry me away to solid ground ooh say you're mine ooh take me higher oh-oh-oh-oh shine a light on shine a light on me oh-oh-oh-oh shine a light on shine a light on me 'cause i was lost at sea w

prudential. bring your challenges! >>> our continuing series "note to self" features chelsea handler and includes pretty >> do not reach out to ex-boyfriends when you've been drinking! i don't know how to make yourself stop doing it, but stop! >> good advice! >> it's called drunk and dialing. >> or don't send e-mails late at night. >> that's right! >> very revealing conversation and advice is hid. you're watching "cbs this morning." (text tone) excuse me. (phone tone) again? be right back. always running to the bathroom because your bladder is calling the shots? (text tone) you may have oab. enough of this. we're going to the doctor. take charge and ask your doctor about myrbetriq. that's myr-be-triq, the first and only treatment... ...in its class for oab symptoms of urgency... ...frequency, and leakage. myrbetriq (mirabegron) may increase blood pressure. tell your doctor right away if you have trouble emptying your bladder, or have a weak urine stream. myrbetriq may cause serious allergic reactions. if you experience

prudential bring your challenges® mom! baby! i love that we're spending the weekend together.yone else is using it. did you like want to do something? i am doing something. need more bandwidth for all your devices? it's good to be back. switch to fios for 100 meg speed internet, tv and phone, now only 69.99 per month online for 1 year. switch to better. switch to fios. call the verizon center for customers with disabilities at 800.974.6006 tty/v now stay tuned for james corden! goodnight! captioning sponsored by cbs captioned by media access group at wgbh access.wgbh.org >> reggie: ♪ are you ready to are you ready to eat some nuts and have a good time tonight? drive a -- with one less salt you'll be happier it's "the late, late show" >> reggie: ladies and gentlemen, all the way from endocrine,

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prudential bring your challenges >> announcer: the "jimmy kimmel live" concert series is presented by samsung. >> jimmy: i want to thank jack black, lauren cohan. apologies to matt damon. we ran out of time. but first, this is her new e.p. it's called "listen to your heartbeat." here with the song "i love you," lanita smith! [ cheers and applause ] as i stand here and look in the mirror i see a reflection appear of the person that i once i knew and used to be it's 2 o'clock in the morning and your words are still running through my head the last thing you said to me before you left you said i love you and i trust you and i don't want nobody else i need you and i want you and i love you i trust you and i don't want nobody else i need you and i want you and i gotta have you to myself standing here waiting and the clock is ticking i got a lot to say 'cause i think you cheating 'cause your girl approached me yesterday and she told me she was with you the other day she said you are her life and she's having your baby but i walked away i didn't wanna believe it but she walked back up with a

prudential bring your challenges >>> you may want to play the powerball. the jackpot is now at $400 million. that's one of the game's ten biggest prizes ever. of course, the odds of winning aren't great. you'll have a one in 292 million chance of hitting all those numbers. >>> well, you're paying more to drive the pennsylvania turnpike tonight. a toll increase went into effect at midnight. the increase will fund about $600 million in annual improvement projects including widening the highway and renovating roads. cash and ez pass rates are also affected by ez pass customers will save as much as 35%. a car will increase from $1.09 to $1.16 for ez pass. >>> if you thought our temperatures were cold this weekend, i'm tracking an arctic blast as you head back to work. i'll let you know how cold we'll get. that's coming up in the full forecast. it's the holidays, which means a house full of people, who all want to get online. so hurry and get verizon fios. only fios has the fastest internet and wi-fi available, with speeds from 50 to 500 megs. and right now, fo

prudential bring your challenges >>> next tonight, we learned today of a major change coming to the academy after backlash other the oscars. here's linsey davis. >> i will not be at the academy awards. of the biggest names. >> it's a systematic bias that needs to be addressed. >> reporter: the academy taking ambitious reaction, doubling members by 2020. the vote, unanimous. and the academy president, saying the academy will lead, and not wait for the industry to catch up. >> the oscar goes to eddie redmayne! >> reporter: many blamed the academy, which is 93% white, and 77% male. in an effort to change the makeup of the academy more quickly, members are no longer guaranteed to have voting privileges for life. three new governor seats will be added. all part of an effort that is hoped to change the big picture. >>> and the deadly listeria outbreak. the new recall. >>> it's one of the greatest we'll be back. your path to retirement... may not always be clear. but at t. rowe price, we can help guide your retirement savings. for over 75 years, investors have relied on our disciplined approach to

prudential, bring your challenges. your body was made for better things thanitis. before you and your rheumatologist move to a biologic, xeljanz is a small pill moderate to severe ra for whom methotrexate did not work well. xeljanz can reduce joint pain and swellingweeks, and help stop further joint damage. xeljanz can lower your ability to fight infections, including tuberculosis. fatal infections, lymphoma, and other cancers have happened. don't start xeljanz if you have an infection. or intestines, low blood cell counts, and higher liver tests and cholesterol levels have happened. your doctor should fore you start and while taking xeljanz, and monitor certain liver tests. tell your doctor if you were in a region where fungal infections are common,, hepatitis b or c, or are prone to infections. r xeljanz can reduce r the symptoms of ra,exate. rask your rheumatologist t about xeljanz. d: in this campaign of every company's tv ad.an reynoldss now puts it to the test. >> this election is about the essence of america, about all of us who feel out of place in our my l