Wednesday, 18 December 2013

Taper or no taper, the Fed will never end QE: Marc Faber

"The economic recovery, or so-called recovery, by June of next year, will be in the fifth year of the recovery," Faber said. "So at some stage the economy will weaken again, and at that point, the Fed will argue, 'Well, we haven't done enough, we have to do more.'" The noted bear has little admiration for the economists at the Federal Reserve.

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