Monday, November 3, 2014

The Fed Won't raise Interest Rates for a long time



HAI: The Fed has said it's going to end QE this month and raise interest rates sometime in 2015. Do you believe that will happen?

Marc Faber: It won't raise interest rates for a long time. Certainly not in real terms. It's possible that it'll end QE4 and that the asset purchases come to an end. But only temporarily. When it introduced QE1, my view was that it would go to QE99. And I still maintain that view. - in SeekingAlpha




Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.

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