El-Erian: No Surprises in Yellen's Speech

Bloomberg View's Mohamed El-Erian weighs in on Fed Chair Janet Yellen's speech at the Kansas City Fed's Economic Symposium in Jackson Hole, Wyoming. El-Erian speaks on "Bloomberg Markets." His opinions are his own. (Source: Bloomberg)

Draghi: Mustn’t Use Policy to Pop Local Bubbles
08:50 - European Central Bank President Mario Draghi issued a reminder that the European Central Bank doesn’t tighten monetary policy to tame localized bubbles. He spoke in his role as chair of the European Systemic Risk Board at the ESRB Conference in Frankfurt. (Source: ESRB) (Source: Bloomberg)
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