i think the issue here that's being raised is employment rowth at even $175,000 a month is more than strong enough to keep the unemployment rate coming down. i think thesa m to the fed here is yes inflation is not a real problem at this point but they have got to loo ahead and stop the down trend in the unemployment rate and do that they have to normalize monetary policy. >> nancy, if you had money to put to work and you had the stomach to do it as an individual investor, where would you be looking to add to ioe market pos that you hold next week? >> well, surk we will be putting some money to work next week. one of the areas that we like a lot is -- or one of the stocks is federal expres i th a company that benefits from e-commerce and has already done all the capital investment to improve their productiomty. we likenies that benefit from technology and can show sustainable growth. work in some money to verizon as a defensive play, a company with a high tividend yielt grows over time and is in a pretty low valuation level by historicaled is. and then i can'telieve i saying this, but

and i said,rowth quick, tell me, where our interest rates? would not say short-term interest rates are up 1.25%. you would say they were substantially higher. and is a lot of reasons why interest rates of been low for a long time and a lot of it has to do with military policy which i don't knock anybody four. balance, having to work that back to normalcy. normal isink the new radically different from the old normal. and i think policy has affected it. while we are trying to get away from interest rates that are so low relative to the growth in the economy, we are trying to undo those methods to bring rates high. don't forget qe. and on top of it, national policy just added to the deficit. so you saw the tax revenues going down, spinning as a result of the new budget deal is going to go up. maybe even more if there is a bill for the infrastructure. and that has to be funded. so before any of that, you say that deficit is going to be more bonds that have to be issued. now there will be even more bonds that have to be issued. as the fed try to u

we focus on the country's g rowth. and the surging yen puts a lot of pressure on the boj.e will also discuss on the possibility of somebody replacing kuroda, and his outside of the box thinking. i am not seeing a lot of copy on that, it seems he will get another term. however, we will look at what the boj can do next, compared with the fed and ecb. this is bloomberg. ♪ anna: economics, finance and politics. i am anna edwards in london. jerome powell has suggested the central bank will push ahead with gradual rate rises, while remaining vigilant. commwill be his first ebt.-- his first comment. the market is currently pricing hike next month. the white house is considering loretta mester as a potential vice chair of the central bank. that is according to a person familiar with the matter. the troubled ministration has been searching for weeks to find a replacement for stanley fischer, who stepped down in october. san francisco been president john williams and mohammed el-erian have also been considered. would be aates problem in the short-term according to goldman sachs ceo.