U.S. Markets open in 5 hrs 24 mins

Global economy is ‘slowing’ but should 'stabilize’

Yahoo Finance’s Akiko Fujita speaks to Raghuram Rajan, former IMF Chief economist, who says “the stimulus that has been injected back into the system in China, in the U.S. with the Fed backing off” should “be enough to stabilize” the global economy even though “we are slowing.”