Plosser: No One Surprised at Fed Rate Decision

Federal Reserve policy makers said the economy is still expanding at a “moderate” pace as they left interest rates unchanged, giving themselves the option to tighten policy at their next meeting in December without making a commitment to act this year. Former Philadelphia Federal Reserve President and CEO Charles Plosser weighs in on "Bloomberg Markets." (Source: Bloomberg)

Full Show: Surveillance (08/18)
57:04 - 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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