Detailed text transcripts for TV channel - MSNBC - 20150918:16:27:00
Federal reserve chair janet yellen announced yesterday the fed is delaying any rate increase for now. stocks fell sharply today, nearly trading as a result down 221 now. joining me from new york to discuss this and other issues, the u.s. managing editor of the "financial times" and author of "silo effect." thanks very much. was this decision overblown? how did they get so ramped up that a small rate increase, albeit the first in years and years, became such a big deal? does it matter whether it's now, whether it's in december? what is your take-away? >> here's the issue. the reason it's such a...