CNBC

Fed is exercising 'price control': Expert

  • Aired: 1/17/2014
    • Length:
    • Plays: ???
Synopsis >

Robert Heller, former Federal Reserve governor, explains why the chances of a Fed taper this week are better than ever. And James Grant, Grant's Interest Rate Observer, provides insight on how the Fed's QE policy is impacting the economy. We are in a regime of price administration, rather than price discovery, adds Grant.

TV GUIDE Users' Most Popular