John Makin on Fed Policy, Economic Growth Outlook

Aug. 23 (Bloomberg) -- John Makin, economist at the American Enterprise Institute, talks about Federal Reserve monetary policy and the impact on economic growth. Makin, speaking with Tom Keene and Sara Eisen on Bloomberg Television's "Surveillance," also discusses the euro-zone debt crisis and investor sentiment.
No Surprise for China’s Slumping Imports?
35:45 - China’s imports extended the longest losing streak in six years, underscoring the headwinds to global growth from a rebalancing in the world’s second-largest economy. Asian shares, copper, the yuan and the Australian dollar weakened. Imports plunged 17.7 percent in yuan terms in September from a year earlier, widening from a 14.3 percent decrease in August and an 11th straight decline. Exports fell 1.1 percent in September in yuan terms, the customs administration said Tuesday, compared with a 6.1 percent drop in August.
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