Bundesbank Slashes German GDP Forecast

The Bundesbank sliced more than 1 percentage point off its forecast for economic expansion in Germany next year after the sovereign debt crisis pushed the euro area into recession and global growth slowed.

Fed's Harker: Three 2017 Rate Hikes 'Appropriate'
28:29 - Federal Reserve Bank of Philadelphia President Patrick Harker continues to see three interest rates hikes this year, with June being a "distinct" possibility. Jean Medecin, investment committee member at Carmignac Gestion talks with Bloomberg's Mark Barton on "Bloomberg Surveillance." (Source: Bloomberg)
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