April 5, 2012
64
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5:49Now PlayingApril 5 (Bloomberg) -- Richard Cookson, global chief investment officer at Citi Private Bank, a unit of Citigroup Inc., talks about the prospect of further quantitative easing by the Federal Reserve and the outlook for the U.S. economy.
Federal Reserve Bank of Richmond President Jeffrey Lacker said financial markets had assigned too high a probability that the Fed would begin a new round of asset purchases to reduce borrowing costs and spur economic growth. Cookson speaks with Mark Barton on Bloomberg Television's "On the Move." (Source: Bloomberg)
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