The Fed’s exit from QE will be slow, keeping Interest Rates Low
“Brisker recovery in advanced economies will boost imports from emerging markets. The Fed’s exit from quantitative easing will be slow, keeping interest rates low. Policy reforms in China will attenuate the risk of a hard landing. And, with many emerging markets still urbanising and industrialising, their rising middle classes will consume more goods and services.” - in Project-syndicate
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics