Is Fed Patience a Sign of a U.S. Economy Bounce Back?
The dollar plunged against the yen after the Federal Reserve reiterated a gradual approach to tightening and traders awaited Friday’s Bank of Japan monetary policy decision. A gauge of the greenback fell for a third day as traders saw only a 26 percent chance of a U.S. interest rate increase in September, after the Fed gave little hint of an imminent move. ING Bank Chief International Economist Rob Carnell discusses with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."
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Bloomberg Markets: Balance of Power 9/14/2017
56:08 - Guests include: Former U.S. Secretary of Homeland Security Jeh Johnson, Satyam Panday, S&P Global economist, Sen. Ron Johnson, a Wisconsin Republican, and Bill Barnett, Mayor of Naples, Florida. (Source: Bloomberg)