The Fed's 'Tactical Delay' on Raising Interest Rates

Michele Meyer, deputy head of U.S. economics at Merrill Lynch, talks with Mark Crumpton about why the Federal Reserve held off on raising interest rates and why the move is only a tactical delay for the bank. She speaks on "Bloomberg Markets." (Source: Bloomberg)

Full Show: Surveillance (08/18)
28:27 - Bloomberg Surveillance hosted by Francine Lacqua and Scarlet Fu. Guests include Jim Glassman, JPM Chase commercial banking head economist, Jonathan Wood, director of global analysis at Control Risks, and Marvin Barth, Barclays head of global FX strategy. (Source: Bloomberg)
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