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Kocherlakota Sees Labor Market Slack, Calls for Hike Caution

Kocherlakota Sees Labor Market Slack, Calls for Hike Caution

Narayana Kocherlakota, a Bloomberg View columnist and former Minneapolis Fed president, tells Pimm Fox and Lisa Abramowicz why the Fed should display more patience on a rate hike. Washington D.C. Mayor Muriel Bowser comments on reaction to Donald Trump's EPA cuts and predicts women's leadership will make a difference in the fight against climate change. Marc Stefanski, chief executive officer of Third Federal Savings & Loan, discusses the housing market and outlook for rate increases. Finally, Alexandra Palt, chief sustainability officer at L'Oreal, expounds on sustainability and delivering on the Paris agreement.

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