Phillips: Cliff Agreement Likely in January

Dec. 31 (Bloomberg) -- Goldman Sachs Economist and Political Analyst Alec Phillips discusses the last day of fiscal cliff negotiations. He speaks on Bloomberg Television's "Bloomberg Surveillance." (Source: Bloomberg)

Spence: Politically Piling on Fed Is 'Not Helpful'
40:37 - NYU Economics Professor Michael Spence talks about the risks of reducing monetary policy without the backing of fiscal policy and political criticism of the Federal Reserve. He speaks with Bloomberg's Tom Keene on "Bloomberg Surveillance." (Source: Bloomberg)
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