My interview on Channel News Asia yesterday morning - if you didnt have a chance to catch it - here are the questions and my answers Tuesday, 25 March, 2014 6:10 AM
Posted by Kevin Scully
...Posted by Kevin Scully
Yesterday I had an interview in my usual slot at 8.10am. If you didnt catch the interview - I append below the questions and my answers:
Q1. Last week, Fed chief Janet Yellen said rates could begin rising "around six months" after the end of the central bank's stimulus program. Was that just a rookie mistake or perhaps an inadvertent disclosure of FOMC thinking?
I don’t think its either. Since May 2013 when previous Fed Chairman Ben Bernanke mentioned “tapering”, global markets went into wild swings. I suspect that the new Fed Chairman wants to give markets more guidance on future Fed policy by setting certain macro indicator ...