El-Erian: Markets Can Rally on Bernanke Testimony
July 17 (Bloomberg) -- Mohamed El-Erian, chief executive and co-chief investment officer at PIMCO, explains why Ben Bernanke's written testimony to the House Financial Services committee should fuel the market rally and offers his thoughts on what bank earnings tell us about the U.S. economy. He speaks on Bloomberg Television's "In The Loop."
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Fed's Harker on Normalization, Banks, and Inflation
47:48 - Federal Reserve Bank of Philadelphia President Patrick Harker discusses the Fed's rate hike path, inflation concerns, and the U.S. economy. He speaks with Bloomberg's Michael McKee on "Bloomberg Surveillance" from the GIC Central Banking Series in Dublin, Ireland. (Source: Bloomberg)