Thursday, 8 November 2012

Ashraf Laidi on CNBC Squawk Box - 8 November 2012

Whether the US ends up in the outbreak of the fiscal cliff or simply delaying it, the materialization or the threat of a clear deterioration in GDP (F.C. may cause as much as 1% drop in GDP growth) will give no choice to the Fed but to resume (and possibly deepen) its policy of asset purchases. 
Regardless, December expected to trigger fresh rounds of Central-Bank stimuli.

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