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if you want a mortgage, car loan. >> dana: if you want to start a business. >> whatever loans you're going to go get, it will be cheaper now. >> dana: i want to bring in mitch rochelle at price water house coopers. this idea of the independence of the fed. president trump tweeted on monday the united states, because of the federal reserve, is paying a much higher interest rate than other competing countries. they can believe how lucky they are that the fed don't have a clue. now on top of it all, the oil hit. big interest rate drop, stimulus. how much of this do you think is on the merits, this drop, this cut, and how much is it because the president is saying we need to do something? >> i think it's merits, dana. the reality is our economy is, in fact, strong, and other economies are not. our currency is getting out of whack relative to other countries. part of it is to try to fix the balance between where our interest rates are and where the rest of the world is. also, since we're in the middle of an economic expansion,
>> the amended bill now has to go back to the house of commons. that could push back the march 31st deadline to trigger article 50, the formal start of the brexit process. well, the accountants blamed for the stunning oscars mix-up won't be handing out academy awards envelopes in the future. brian cull nan and martha ruiz will no longer work the ceremony, but they will keep their jobs at price water house coopers, the firm that manages the award ballots. >> they gave the wrong envelope to the presenters and la la land was mistakenly named best picture. it's still a mystery how the cards were mixed up, and why it took more than two minutes to fix the mistake and declare "moonlight" the actual winner. >> such a public mistake, isn't it? >> we were covering it, and you know, what do you do? it was cringe worthy. >> very. and we're still talking about, right?
about election results. >> i keep going to sleep at half-time and missing these things, like the super bowl and election night. >> i'll call and wake you up. >> price waters house coopers says we apologize for the error made during the award announcement for best picture. the presenters had been given the wrong category envelope and when discovered it was immediately corrected. >> should have been an accountant with handcuffs on a suitcase. >> we deeply regret that this occurred. >> i bet they do. >> they lose the contract? >> i don't think so. they've been doing this for 83 years. one out of 83 -- >> you ladd one job -- >> that's true. that's true. >> nischelle, despite this being
the new year. the largest market selloff since june. not good for your 401(k). the real issue is, how is the overall economy doing. joining us now, chairman senior partner at price water house coopers. great to have you here. >> happy to be here. >> let's unpack that question. look at the stock market but you understand what businesses think and how they're feeling. >> we just complete add ceo survey all around the world. first of all, very optimistic. there's caution in there and fragility in there. if you look at the 200 some odd ceos we surveyed, 88% are confident they're going to be able to raise revenue in the next six months. the question is are they willing to hire. >> right. >> year over year, 60% of those
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cosby. >> it is like a train wreck. i would go just to see it. >> it is not pretty. have to move on. the accounting firm price water house coopers is swimming in controversy. after a leaked company e e-mail hit the internet they ranked the top 10 hottest babes in the office. they sent it around. diana, if they did that on fox news and you were on the e-mail would you complain? >> i would take it as a compliment. >> should this be big news? >> it is so unlike women taking something complimentary and complain about it. i have nef heard of women doing this. >> rick, should they all be fired 1234 we do this all the time, but you shouldn't do it o mail, right? >> maybe not on your work e-mail. maybe you can on your gmail account. bill, how big of a scandal would it be if your company e-mails ever got out? >> i think they would find them delightful.