Yellen: Initial Step on 2015 Rate Hike Is Appropriate

Federal Reserve Chair Janet Yellen still expects to see interest rates rise this year, followed by a gradual pace of tightening, according to the written text of a speech to the Rhode Island Chamber of Commerce. Bloomberg’s Peter Cook reports on “Bloomberg Markets.” (Source: Bloomberg)

Full Show: Surveillance (08/17)
30:14 - Bloomberg Surveillance hosted by Tom Keene and Francine Lacqua. Guests include Steven Major, global head of fixed income at HSBC, Stan Collender, executive vice president at Qorvis MSLGROUP, and Brian Levitt, senior investment strategist at OppenheimerFunds. (Source: Bloomberg)
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