Is a Fed Rate Hike Really the Right Move for the Economy?
Jan Hatzius, Goldman Sachs's chief economist, discusses how a Fed rate increase may impact the U.S. economy with Bloomberg's Scarlet Fu and Joe Weisenthal on "What'd You Miss?" (Source: Bloomberg)
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U.K. Unemployment Falls to 4.4%, Wages Top Estimates
26:56 - U.K. unemployment fell to 4.4 percent in the second quarter, the lowest level since 1975. Wage growth topped analysts' estimates at 2.1 percent, but still lagged inflation. Tim Haywood, investment director at GAM Investment, examines the wage data on "Bloomberg Surveillance." (Source: Bloomberg)