Watch the interview of Cary Leahey, Chief US Economist, Decision Economics with Ronojoy Banerjee on CNBC-TV18, in which he shared his readings and outlook on Fed's impending rate decision and its impact on global economy.
M Cary Leahey, Senior Advisor at Decision Economics speaks about the steady growth in US jobs and what it means for the economy. He says the lower than expected jobs data should not impact market much because there is no drop in the effective work week
It is pretty obvious that the White House wants Larry Summers, White House staff former Robert Rubin disciples want him and the President wants to go with someone they are comfortable with, but Janet Yellen is more experienced, says M Cary Leahey, Senior Advisor, Decision Economics.
According to M Cary Leahey, the Federal Reserve is likely to pullback monetary stimulus as long as the US jobs data improves.
The decline in the jobless rate is a breather for the United States of America (USA), says M Cary Laehey, senior advisor, Decision Economics. But he cautions that some of the details such as the decline in the workweek do take an edge off the report.
In an interview to CNBC-TV18, Cary Leahey, Chief US Economist at Decision Economics spoke about what the sequester means for the US economy and by extension global markets.
In an interview to CNBC-TV18, Cary Leahey, Senior Adviser & Chief US Economist at Decision Economics talked about President Obama's speech.