Monday, September 16, 2013

The FOMC could Taper up to 20 Billion Dollars

Marc Faber : Regarding the September 17-18 meeting of the Federal Open Market Committee on QE tapering, "I think maybe they will taper 5 or 10 or 20 billion dollars off the current $85-billion monthly purchase of assets, and they would say they will reassess the situation depending on economic and market conditions.

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.


Related Posts Plugin for WordPress, Blogger...