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Clarida Sums Up Yellen's News Conference: 'Trust Me'

Clarida Sums Up Yellen's News Conference: 'Trust Me'

Bloomberg Surveillance

June 15, 201741m 59s

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Show Notes

Richard Clarida, a professor at Columbia University, discusses Janet Yellen's news conference and says there's evidence of the Phillips Curve effect in U.S. wages. Prior to that, James Sweeney, Credit Suisse's chief economist, says the U.K.'s outlook is confusing. Richard Painter, a professor at the University of Minnesota, says it appears that Trump fired Comey because of the Russian investigations. Finally, Diana Furchtgott-Roth, a senior fellow at the Manhattan Institute, says Trump's budget is a wish list.

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