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Feb 14, 2018

02/14/2018: The cost of uncertainty at the White House

We hate days like this, when there’s been a shooting in a school or at a concert. There’s no economic angle right after a tragedy like this. It’s not our story, but we can’t ignore it. So we’re gonna acknowledge it, trust that you’ve had your fill of it elsewhere and turn to our news of the day. It came this morning with a much-anticipated but kind of underwhelming report on inflation. It’s up a bit, but nowhere near as drastic as we’d all expected it to be. Nevertheless, it’s one more data point for policymakers to consider as they figure out how to steer this economy. As it happens, we have one of those policymakers on the show today: Robert Kaplan, president of the Dallas Fed. Plus, the cost of uncertainty at the White House and Netflix’s latest big moves. 

President Donald Trump speaks during news conference with Prime Minister Erna Solberg of Norway in the East Room at the White House, on January 10, 2018 in Washington, DC.
President Donald Trump speaks during news conference with Prime Minister Erna Solberg of Norway in the East Room at the White House, on January 10, 2018 in Washington, DC.
Mark Wilson/Getty Images

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We hate days like this, when there’s been a shooting in a school or at a concert. There’s no economic angle right after a tragedy like this. It’s not our story, but we can’t ignore it. So we’re gonna acknowledge it, trust that you’ve had your fill of it elsewhere and turn to our news of the day. It came this morning with a much-anticipated but kind of underwhelming report on inflation. It’s up a bit, but nowhere near as drastic as we’d all expected it to be. Nevertheless, it’s one more data point for policymakers to consider as they figure out how to steer this economy. As it happens, we have one of those policymakers on the show today: Robert Kaplan, president of the Dallas Fed. Plus, the cost of uncertainty at the White House and Netflix’s latest big moves.