Bloomberg Surveillance

Raghuram Rajan, University of Chicago Booth School Professor & Former Reserve Bank of India Governor, says the Fed is doing a fantastic job cooperating with the government, but there has to be a reciprocal arrangement from the government side to respect the Fed's independence. Laurence Boone, OECD Chief Economist, says it will be very difficult to renew the type of economic growth that we had pre-pandemic without global cooperation. Priya Misra, TD Securities Head of Global Rates Strategy, says the market is trying to test the Fed to see how accommodating it will be. William Rudin, Rudin Management CEO, says New York City will be at the forefront of job creations and dealing with racial injustice issues.