U.S. Faces Headwinds, QE3 Likely, Bitsberger Says

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July 5 (Bloomberg) -- Timothy Bitsberger, a managing director at BNP Paribas and a former assistant secretary for financial markets at the U.S. Treasury, talks about the U.S. economy and Federal Reserve monetary policy. Bitsberger, speaking with Betty Liu on Bloomberg Television's "In the Loop," also discusses the European Central Bank's rate-cut decision today and the region's debt crisis. (Source: Bloomberg)