During the course of the two- day Federal Open Market Committee (FOMC) meet, Federal Reserve Chair Janet Yellen has pledged to keep interest rates low even after taper ends.
Yellen has emphasised that the central bank is in no hurry to raise interest rates. Harsha Subramaniam speaks to Patrick Bennett, Strategist, Canadian Imperial Bank, and gathers his outlook on the Federal Reserve’s commentary. Watch as Bennett says that Asian equities are pro-cyclical to higher U.S. rates.
This video is originally sourced from Bloomberg TV India, you can watch it here: www.btvin.com/videos/watch/8838/will-continue-to-see-inflows-into-india:-patrick-bennett
top gun In Business- Will Continue To See Inflows Into India: Patrick Bennett | |
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