Larry Summers Would Adapt as Fed Chair, Swagel Says

July 12 (Bloomberg) -- Phillip Swagel, a professor at the University of Maryland School of Public Policy, talks about the possibility that former U.S. Treasury Secretary Lawrence Summers may succeed Ben S. Bernanke as Federal Reserve chairman. Swagel speaks with Erik Schatzker and Sara Eisen on Bloomberg Television's "Market Makers." (Source: Bloomberg)

Latest Fed Minutes Point to June Rate Hike
24:38 - Most Federal Reserve officials judged “it would soon be appropriate” to tighten monetary policy again and backed a plan that would gradually shrink their $4.5 trillion balance sheet, according to minutes from the FOMC's May 2-3 gathering. Bloomberg's Chris Condon reports on "Bloomberg Markets." (Source: Bloomberg)
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