Expect One Fed Rate Hike This Year, Says Bevan
The dollar advanced for a fifth day against the yen, its longest winning streak since March, amid mounting speculation the Federal Reserve will raise interest rates in 2016. The gains follow a string of hawkish comments from policy makers, culminating in Fed Chair Janet Yellen telling the Jackson Hole conference last week that the case for higher rates has strengthened. CCLA Investment Management CIO James Bevan discusses with Bloomberg's Francine Lacqua on "The Pulse."
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Full Show: Surveillance (09/19)
54:11 - Bloomberg Surveillance hosted by Tom Keene, Francine Lacqua, and Mark Barton. Guests include Adam Posen, president at Peterson Institute for International Economics, and Porter Bibb, managing partner at Mediatech Capital Partners. (Source: Bloomberg)