Wednesday, October 1, 2014

Rajan Right In Warning Of A Crisis

Emerging markets are closely watching the Federal Reserve’s Quantitative Easing program as it reaches its final leg.

Earlier in response to a Bloomberg TV India query, RBI Governor Raghuram Rajan had warned that the probable rise in developed markets’ interest rates may create some jitters across the Indian markets. Harsha Subramaniam discusses the same with Marc Faber, Editor, The Gloom, Boom & Doom Report.