U.S. Fiscal Deal `Nowhere to be Seen,' Rupkey Says

Dec. 21 (Bloomberg) -- Chris Rupkey, chief financial economist at Bank of Tokyo-Mitsubishi UFJ, talks about the outlook for an agreement by lawmakers to avoid the so-called U.S. fiscal cliff of automatic spending cuts and tax increases. Rupkey also talks about Federal Reserve policy and U.S. consumer spending. (Source: Bloomberg)
Fed 'Normalization' a Good Thing: OECD's Gurria
00:55 - OECD Secretary General Angel Gurria says that the U.S. Federal Reserve will raise interest rates gradually; the only question is when it starts. He also said the Chinese economy is adjusting to a more "sustainable cruising speed". He spoke with Bloomberg's Ryan Chilcote at a meeting of G20 finance ministers in Ankara on "the Pulse."
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