RBI's Rajan Needs to Be `Very Bold,' Kroszner Says

Sept. 5 (Bloomberg) -- Randall Kroszner, former Federal Reserve Governor and now professor at University of Chicago Booth School, talks about Raghuram Rajan, the new governor of the Reserve Bank of India, the nation's economy and monetary policy. Rajan said containing inflation expectations is the RBI’s key goal, as the country grapples with a plunging currency and weakening economic growth. Kroszner, who also discusses Fed policy, speaks from Chicago with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)
Probes of China's Market Crimes Intensifies
04:46 - China is intensifying its investigations into alleged market crimes such as insider trading, malicious short-selling and spreading of rumors. The probe has now ensnared one of China's most well-known female executives. Bloomberg's Stephen Engle reports on "First Up." (Source: Bloomberg)
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