BPI Chief Economist Bill Nelson Appeared on CNBC’s Squawk Box to Discuss Fed’s Decision to Reduce Balance Sheet

Bill Nelson, chief economist at the Bank Policy Institute, sits down with the “Squawk Box” crew to discuss the Fed’s decision to reduce its balance sheet. Also joining are CNBC senior economics reporter Steve Liesman and Joe Terranova of Virtus Investment Partners.

Economist: The Fed was right to raise rates when it did from CNBC.