Fed Faces New Pressure to Hike Rates as Price Risks Rebound

Federal Reserve officials headed into their policy meeting this week confronting a resurgence in price pressures that could make their decision on whether to hold or hike interest rates a close call and a contentious one. Thierry Wizman, Director: Global Currencies & Interest Rate Strategist at Macquarie, discusses what he expects to see from the Fed's July decision, as well as expectations for the Bank of Japan.