US Economy Not as Good as Some Believe: MUFG's Halpenny

Derek Halpenny from MUFG discusses the outlook for Fed policy and the US economy. "If we start to see goods inflation stabilize, then I think overall inflation can start to...

By Bloomberg Markets · Bloomberg Markets

Derek Halpenny from MUFG discusses the outlook for Fed policy and the US economy. "If we start to see goods inflation stabilize, then I think overall inflation can start to come down and then maybe the FOMC starts to look more unified," he tells Bloomberg's Francine Lacqua. Halpenny adds that the US economy is not "humming and looking as good as maybe some believe." He speaks on Bloomberg Television. (Source: Bloomberg)