“EMs Cannot Be Seen Through Single Lens”
  • Prabha Hedge
  • Jan 30 2014

January 30: U.S. Federal Reserve Chief Ben Bernanke's last meeting has triggered global turmoil. Taper's in action again, as Federal Reserve policy makers cut the pace of bond buying for a second straight meeting. This signals a consent withdrawal from Bernanke's unprecedented easing policy as Janet Yellen prepares to succeed him as Chairperson. Taimur Baig, Chief Economist for India, Deutsche Bank, says that the markets are not pricing in the pace of U.S. economic growth.