The Fed's Fear of Being Wrong in Hiking Interest Rates

NYU Professor Michael Spence talks about the problem of increased leverage in global markets and what the Federal Reserve is afraid of in raising rates. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)

Full Show: Surveillance (08/17)
17:38 - 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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