Euro-Area Unemployment at Record 11.3%

Euro-area unemployment rose to a record and inflation quickened more than economists forecast as rising energy costs threaten to deepen the economic slump.

Kocherlakota: Fed Should Communicate Better for Markets
29:58 - Jeff Rosenberg, BlackRock managing director, and Narayana Kocherlakota, a Bloomberg View columnist and former Minneapolis Fed president, discuss the Fed's decision to leave interest rates unchanged while saying risks to the U.S. economy have subsided and the labor market is getting tighter. They speak with Bloomberg's Joe Weisenthal, Scarlet Fu, Tom Keene and Mike McKee on "Bloomberg Markets." (Source: Bloomberg)
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