Surveillance: BOE Rate Hikes with Davies (Podcast)
Sir Howard Davies, NatWest Group Chairman and Author of 'The Chancellors,' says the Bank of England needs a higher rate to give credibility to medium-term inflation outlook. Jonathan Golub, Credit Suisse Securities Chief US Equity Strategist, says markets are oversold. Heather Boushey, Council of Economic Advisers Member, says all energy options are currently on the table. Stephen Schork, The Schork Group Co-Founder and Principal, says there is more pain at the pump to come.
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