Bloomberg Surveillance

BOE's Decision Is Hard To Justify, Posen says

August 2, 2018
34 min

Nejra Cehic, Bloomberg TV Anchor, breaks the BOE's decision to raise interest rates to 0.75 percent. Adam Posen, Peterson Institute for International Economics President, finds the BOE's decision hard to justify. Danny Blanchflower, Dartmouth Professor & Former BOE Monetary Policy Committee Member, argues that what matters the most in the U.S. and the U.K. is underemployment, not unemployment. Brian Johnson, Barclays Capital Senior Autos Analyst, sees some light at the end of the tunnel in NAFTA negotiations. And Shira Ovide, Bloomberg Opinion Columnist, explains the connection between Google and Apple 

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