Monday, October 27, 2014

Marc Faber: Fed wont raise rates for a long time

Janet Yellen is first fed chairwoman
It [The Fed] 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.