Posen Says Investors Overreacted to Carney Speech
June 16 (Bloomberg) -- Former Bank of England policy maker Adam Posen, now president of the Peterson Institute for International Economics in Washington, discusses BOE Governor Mark Carney's warning last week that interest rates might start to rise earlier than anticipated. He speaks with Olivia Sterns and Guy Johnson on Bloomberg Television's "The Pulse." (Source: Bloomberg)
Most Recent Videos
Brexit: Do Domestic Woes Differ From Business Jitters?
16:08 - Sentiment among British households fell this month at its fastest pace in more than a quarter century, reflecting uncertainty about the outlook for the economy in the wake of the Brexit vote. The 11-point drop in GfK’s monthly gauge was the most since March 1990, a month that saw thousands protesting in London against Prime Minister Margaret Thatcher’s poll tax. GfK said households have become more pessimistic about their personal finances and the economy since the U.K.’s decision to leave the European Union. Credit Suisse Senior Advisor Bob Parker discusses with Bloomberg's Anna Edwards on "Countdown."