Intraday Market Thoughts
Ashraf on CNBC about Fiscal Cliff, Global Impact & Central Banks
by
Nov 8, 2012 15:16
Whether the US ends up in the outbreak of the fiscal cliff or simply delaying it, the materialization or the threat of a clear deterioration in GDP (F.C. may cause as much as 1% drop in GDP growth) will give no choice to the Fed but to resume (and possibly deepen) its policy of asset purchases. Regardless, Deceember expected to trigger fresh rounds of CenBank stimuli. FULL INTERVIEW here:
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