Budget Talks Regress Amid Republican Tax Shift
Dec. 20 (Bloomberg) -- House Republicans are planning a vote today on a tax increase for top earners, which they previously labeled as job-killing class warfare. Efforts are deteriorating to avert more than $600 billion in tax increases and spending cuts set to start in January. Hans Nichols reports on the outlook for House Speaker John Boehner's plan on Bloomberg Television's "Surveillance." (Source: Bloomberg)
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Did Kuroda's Radical Policy Knowingly Disappoint?
34:06 - The Bank of Japan’s most anticipated policy announcement in years left investors underwhelmed, sparking a surge in the yen and sending government bonds and emerging-market stocks lower. Japan’s currency rallied against all of its 31 major peers after the BOJ kept its government-bond buying target and policy interest rate unchanged, opting instead to increase exchange-traded fund purchases. Mitsubishi UFJ Chief Economist Brendan Brown discusses with Bloomberg's Francine Lacqua on "The Pulse."