Federal Reserve Is a ‘Prisoner’ of Its New Framework, Rajan Says

Bloomberg Markets and Finance published this video item, entitled “Federal Reserve Is a ‘Prisoner’ of Its New Framework, Rajan Says” – below is their description.

Former Reserve Bank of India Governor Raghuram Rajan, who is now professor of finance at the University of Chicago Booth School of Business. discusses Federal Reserve’s policy. Chair Jerome Powell said the Fed was ready to raise interest rates in March and didn’t rule out moving at every meeting to tackle the highest inflation in a generation. Rajan speaks with Kathleen Hays, Paul Allen and Shery Ahn on “Bloomberg Daybreak: Asia.”

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