Surveillance Special: Fed Speak in Jackson Hole
We bring you a Bloomberg Surveillance Special from the Grand Tetons in Jackson Hole, Wyoming. Michael McKee, Bloomberg News International Economics & Policy Correspondent, interviews three Fed Presidents at the annual Economic Symposium. James Bullard, St. Louis Fed President, says the Fed is very close to neutral rates. On the contrary, Loretta Mester, Cleveland Fed President, says gradual interest-rate increases should continue. Robert Kaplan, Dallas Fed President, agrees with Mester, he encourages the Fed 'to keep moving.' And we include final perspective from Frederic Mishkin, a former member of the Board of Governors of the Federal Reserve System.
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