How the Fed's QE Taper May Trigger the Next Financial Crisis

Fed Chairman Bernanke Semi-Annual Monetary Policy Report To Senate CommitteePete Marovich/Bloomberg via Getty ImagesFederal Reserve Chairman Ben Bernanke More than five years after the financial crisis began, many on Wall Street, Main Street and in government at all levels agree there's still much to be done to get the U.S economy back on track. Yet even the improvements we've already achieved could be derailed by a looming worldwide financial crisis -- a crisis caused by the very economic stimulus policies put in place by the Federal Reserve to help the U.S. get out of its dire economic straits. At least, that's the warning coming from economist Stephen Roach, senior fellow at Yale University's Jackson Institute for Global Affairs.

No comments:

Post a Comment