Fed's Fischer Warns of 'Perverse Effect' of Rate Cuts

Federal Reserve Vice Chair Stanley Fischer discusses the concerns surrounding interest rates near zero in a speech to the Economic Club of New York. Bloomberg's Michael McKee recaps Fischer's comments on "Bloomberg Markets." (Source: Bloomberg)

Full Show: Surveillance (09/20)
45:55 - Bloomberg Surveillance hosted by Tom Keene, Francine Lacqua, and Nejra Cehic. Guests include former Bank of England Governor Mervyn King, Sir Martin Sorrell, chief executive officer at WPP Plc, and Richard Haass, president at Council on Foreign Relations. (Source: Bloomberg)
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