Surveillance: Fed Should Take Back Rate Hike, Kudlow Says
Julia Coronado, MacroPolicy Perspectives President and Founder, explains how the Fed must ideally move ahead of risks instead of waiting on data. Jason Furman, Former White House Council of Economic Advisers Chairman, predicts what the stronger than expected U.S. jobs report might mean for the Fed. Michael Darda, MKM Holdings Chief Economist & Market Strategist, doesn't think the strong employment report should be enough to prevent the Fed from easing policy. Larry Kudlow, White House National Economic Council Director, says that the Federal Reserve should "take back" the interest rate hike because of positive economic and market indicators. Simon Kennedy, Bloomberg Economics Executive Editor, reports that European government are actively discussing nominating BOE Governor Mark Carney as the next head of the IMF.
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