BLOOMBERG Davos Debate Ending The Experiment February 1, 2015
We have the founder and chief investor. Larry summers, former u. S. Treasury secretary. Thank you for joining us in this panel debate. Let me start off with you. Because actually the world needs more of you. How difficult is it going to be for the fed to raise rates . The fed is probably going to raise rates this year. The expectation is to have any midyear, contrary to what is expected. The fact that the fed is going to do that is good news in and of itself. It shows that two things are moving in the right direction. Employment is up, unemployment down. And inflation is hopefully giving littl...