Surveillance: Fed Won't Go Negative, Rajan Says
Publisher |
Bloomberg
Media Type |
audio
Categories Via RSS |
Business
Business News
Daily News
Investing
News
Publication Date |
Jul 30, 2020
Episode Duration |
00:22:48

Raghuram Rajan, University of Chicago Booth School Professor and Former Reserve Bank of India Governor, says the Fed will be as supportive as possible but will resist negative interest rates. Michelle Meyer, BofA Securities Head of U.S. Economics, says the leisure and hospitality sector has been one of the hardest hit industries as a result of the pandemic. David Kelly, JPMorgan Asset Management Chief Global Strategist, says the U.S. unemployment rate will be greater than 10% heading into 2021. Arun Sundararajan, NYU Stern School of Business Professor, says the real solution in regards to the tech industry will be self-regulation.

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