Is Fed Credibility At Risk If Federal Reserve Decides to Cut Rates?

Former Kansas City Fed President, Esther George, discusses whether or not when the Federal Reserve decides to cut rates will it risk Fed credibility. She also talks about Fed Chairman Jerome Powell’s speech at Jackson Hole, and how President Trump’s tariffs will impact inflation. Esther George speaks with Tyler Kendall and Michael Shepard on the late edition of Bloomberg’s “Balance of Power.”