Miller: Detroit Recovery to Be `Political Struggle'
June 14 (Bloomberg) -- Steve Miller, chairman of American International Group Inc., talks about Detroit’s $386 million deficit and outlook for the city. Kevyn Orr, Detroit’s emergency manager, is holding a closed-door creditor meeting today intended to cap the creation of a recovery plan for the city. Miller speaks with Erik Schatzker and Scarlet Fu on Bloomberg Television’s “Market Makers.” (Source: Bloomberg)
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The FOMC's Too Optimistic View of Interest Rates
11:18 - In today's "Single Best Chart," Bloomberg's Tom Keene displays the Federal Reserve's interest rate expectations going back to 2013. He speaks with Willem Buiter, chief economist at Citigroup on "Bloomberg Surveillance." (Source: Bloomberg)