Poole Says U.S. CPI Report Reduces Odds of Fed Rate Cuts

Former Federal Reserve Bank of St. Louis President William Poole talks with Bloomberg's Betty Liu and Brennan Lothery from Wilmington, Delaware, about July U.S. consumer prices, the economy and the outlook for Fed monetary policy. The consumer price index climbed 0.8 percent, twice as much as as anticipated, the Labor Department said today. Bloomberg's Brennan Lothery also speaks. (Source: Bloomberg)

Bloomberg | August 14, 2008