Monday, December 23, 2013

Tapering is already priced in to a large extent

 If we consider Bernanke’s May Speech being the first – and failed – attempt to prepare markets for an end of QE: What would be a better way out?

Nouriel Roubini : At this time, the tapering is already priced in to a large extent, yields might go up a little more when they actually do taper. But I would not expect huge jumps. The tapering decision itself will be sweetened by keeping the conditions data-dependent and state-contingent rather than time-dependent. They won’t say, we start today and will be done with all QE in a certain amount of months. - in

 Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
Nouriel Roubini

Nouriel Roubini

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