Stanley Says Higher Rates Will Not Hurt U.S. Economy (Audio)




Bloomberg - The First Word show

Summary: July 23 (Bloomberg) -- Stephen Stanley, chief economist at Pierpont Securities LLC in Stamford, Connecticut, and a former researcher at the Federal Reserve Bank of Richmond, says a rise in interest rates "probably won't have a significant impact" on U.S. economic growth. Stanley talks with Bloomberg's Michael McKee on Bloomberg Radio's "Bloomberg - The First Word." (Source: Bloomberg)