Is the U.S. Economy Now Ready for a Fed Rate Hike?

Bloomberg Video

November 18 -- Market participants will get their chance to parse the minutes of the U.S. Federal Reserve’s Nov. 1-2 policy meeting and gauge the eagerness of officials to raise interest rates in December, as markets widely expect. During her Congressional testimony on Nov. 17, Federal Reserve Chair Janet Yellen said a rake hike could be appropriate “relatively soon” as the U.S. economy continues to strengthen. Jefferies International Chief European Economist David Owen discusses with Yousef Gamal El-Din on "Bloomberg Daybreak: Europe."