Detailed text transcripts for TV channel - CNN - 20110207:09:22:00
Hike. the market and the bond market wants at least three rate hikes. >> okay. let's move more generally to the issue of deficit cutting. looking across europe but focusing particularly on the countries that have struggled with debt and getting the deficits down, do we remain on track or do you have big worries about huge pressures coming from that area? >> from the euro zone, the worry that i have is that the situation with the debt uncertainty is now going beyond that of sovereign debt. it is also going into the private bank debt in the case of spain. in the case of ireland. so, yes, the eur...