Fed Trying to Balance Job Market, Inflation: Stevenson

Betsey Stevenson, University of Michigan Public Policy & Economics Professor, reacts to President Trump suggesting US GDP should be as high as 25%. She also discusses the Federal Reserve cutting rates by 25 basis points and if Fed Chair Jerome Powell is prioritizing the job market or inflation with this latest cut. She speaks with Joe Mathieu on the latest edition of Bloomberg’s “Balance of Power.” (Source: Bloomberg)