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)

How Important Is AWS to Amazon?
49:26 - Amazon projected revenue for the third quarter that may beat analysts’ estimates, boosted by record sales of Fire TV sticks and Echo devices on Prime Day and a strong start to its expansion in India. Bloomberg's Cory Johnson dives into the numbers on "What'd You Miss?" (Source: Bloomberg)
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