McDevitt Discusses the Economy – Part 2 (13:04)
June 29, 2006—John McDevitt, former 3M Corporate Economist, in the second part of a three-part series talks about the Fed, inflationary pressure and their causes, and other factors effecting future interest rate increases. McDevitt also evaluates Ben Bernanke first months as Fed chairman and Bernanke's moves toward making the Fed “more transparent”.