Leverage, Asset Prices and Rising Rates Not a Great Combo

Raghuram Rajan, University of Chicago Booth School of Business and former Reserve Bank of India governor, speaks with CNBC’s Steve Liesman on the sidelines of the Jackson Hole Economic Symposium about the Federal Reserve’s policy path and the state of the global economy.

To watch the full video, click on the link below:

Related: Interest Rate Policy After September Hike Uncertain

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