Harvard’s Reinhart Sees Mounting Pressures on Central Banks

Harvard’s Reinhart Sees Mounting Pressures on Central Banks

Carmen Reinhart, former chief economist of World Bank Group and now professor at the Harvard Kennedy School, discusses policies of global central banks including the Federal Reserve and the implications for financial markets. Fed policy makers are expected to add another big-step rate increase on Wednesday before possibly slowing the pace. Reinhart speaks on “Bloomberg Daybreak: Australia.”