Friday, October 24, 2014

The Fed to Raise Interest Rates Next Year

You mentioned the Fed raising interest rates. What is your prediction of when that will happen?

Nouriel Roubini : I think that the lifting of zero policies is going to be around June of next year. That would be my point estimate. It could occur slightly sooner if the economy really recovers strongly. It could be a little bit later if global factors justify waiting until July or so, but I would say sometime in the year. - in FINalternatives

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