Will the Pre-Brexit Signs of a U.S. Slowdown Play Out?
Britain’s vote to leave the European Union, which has whipsawed markets and sparked political turmoil in the U.K., may end up having no impact on the U.S. economy, according to St. Louis Federal Reserve President James Bullard. Britain is facing months of uncertainty following the Brexit vote and Prime Minister David Cameron’s subsequent decision to resign. His successor won’t be chosen until September and there remains no clarity on what the future relationship with the EU -- Britain’s biggest trading partner -- will look like. Bank of Tokyo-Mitsubishi European Head of Global Markets Research Derek Halpenny discusses with Bloomberg's Francine Lacqua on "The Pulse."