Feb. 10 (Bloomberg) — Michael Pond, an interest rate strategist at Barclays Capital, talks with Bloomberg’s Margaret Brennan about the impact of the Federal Reserve’s exit strategy on the fixed-income market.
In prepared testimony today Fed Chairman Ben Bernanke said the Fed may raise the discount rate before long as part of the normalization of Fed lending, a move that won’t signal any change in monetary policy. The comments were released by the Fed even though the House Financial Services Committee hearing was postponed due to a winter storm in Washington. (Source: Bloomberg)
Duration : 0:1:57
Max Keiser talks to Stacy Herbert about the end of the american empire, the federal reserve bank, unemployment rate, income tax, China opium wars, us dollar, uk pound, aaa rating triple a, inflation, Peter Schiff decoupling theory