Cumberland Advisors' Eisenbeis Interview on Fed Policy

Aug. 27 (Bloomberg) -- Robert Eisenbeis, chief monetary economist with Cumberland Advisors Inc. and a former research director at the Federal Reserve Bank of Atlanta, talks about Fed monetary policy and the outlook for the U.S. economy. The Ben S. Bernanke-led Fed, while saying U.S. growth would be slower than anticipated, announced on Aug. 10 it will buy Treasuries to set a $2.05 trillion floor on its balance sheet and keep interest rates from rising. Bernanke will have his first public chance to defend the decision and discuss his outlook when he speaks at the Fed’s annual symposium in Jackson Hole, Wyoming later today. Eisenbeis speaks with Susan Li on Bloomberg Television. (Source: Bloomberg)