Blinder Says Fed Can’t Predict Asset-Price Bubbles

Feb. 26 (Bloomberg) -- Former Federal Reserve Vice Chairman Alan Blinder and Phillip Swagel, a professor at the University of Maryland School of Public Policy, talk about Fed monetary policy and economic risks. Blinder said the central bank cannot accurately predict asset-price bubbles, and that no risk-free strategy exists as policy makers try to boost employment and the economy. He spoke before Fed Chairman Ben S. Bernanke told a Senate committee in Washington the Fed was evaluating the benefit of its policy in creating jobs against possible risks such as spurring asset bubbles. Blinder and Swagel speak with Erik Schatzker and Stephanie Ruhle on Bloomberg Television's "Market Makers." (Source: Bloomberg)

JPM's Kemery Has Concerns About OPEC Exit Strategy
25:01 - Ebele Kemery, head of energy investing at JPMorgan, and Bloomberg's David Wethe, discuss a reported extension of OPEC production cuts and what their lack of an exit strategy means to markets. They speak on "Bloomberg Daybreak: Americas." (Source: Bloomberg)
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