Yellen: Fed Has Legal Authority on IOR vs. Fed Funds Rate

Federal Reserve Chair Janet Yellen discusses the difference between interest on reserves and the Fed Funds rate. She speaks with Republican Representative Jeb Hensarling of Texas during testimony before the House Financial Services Committee in Washington. (Source: Bloomberg)

Full Show: Surveillance (09/18)
39:16 - Bloomberg Surveillance hosted by Tom Keene and Francine Lacqua. Guests include Anthony Crescenzi, portfolio manager at Pimco, Stewart Butterfield, chief executive officer at Slack, and Jan Dehn, global head of research at Ashmore Group. (Source: Bloomberg)
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  • Full Show: Surveillance (09/15)