Euro Falls Versus Dollar as Greek Aid Talks Falter
The euro fell from the highest level in almost two weeks against the dollar after European finance ministers failed to agree on a debt-reduction package for Greece during more than 11 hours of talks in Brussels.
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Monetary Policy Appears Close to Its Limits, Says Wilson
18:51 - Federal Reserve official Charles Evans has added his voice to forecasts for up to three interest-rate increases by the end of 2017. The bond market shows traders aren’t ready for that many. Chicago Fed President Evans joined San Francisco counterpart John Williams, who last week said he supported one rate move this year and “a few” the next. Domestic growth hasn’t been the Fed’s only consideration in 2016. Concern China’s economy is slowing helped put the Fed off a potential rate increase earlier this year. Goldman Sachs Asset Management Global Head of Fixed Income Andrew Wilson discusses with Mark Barton on "Bloomberg Surveillance."