Blinder Says Fed Can’t Predict Asset-Price Bubbles

Feb. 26 (Bloomberg) -- Former Federal Reserve Vice Chairman Alan Blinder and Phillip Swagel, a professor at the University of Maryland School of Public Policy, talk about Fed monetary policy and economic risks. Blinder said the central bank cannot accurately predict asset-price bubbles, and that no risk-free strategy exists as policy makers try to boost employment and the economy. He spoke before Fed Chairman Ben S. Bernanke told a Senate committee in Washington the Fed was evaluating the benefit of its policy in creating jobs against possible risks such as spurring asset bubbles. Blinder and Swagel speak with Erik Schatzker and Stephanie Ruhle on Bloomberg Television's "Market Makers." (Source: Bloomberg)
Number of Super-Rich in Asia Is Surging: Elliott
15:41 - March 5 -- Knight Frank Chairman Alistair Elliott discusses the results of "The Wealth Report 2015." The report tracks the growing super-rich population in 108 cities across 97 countries. He speaks with Bloomberg's Rishaad Salamat on "Trending Business."
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