Koo: Tapering Needs To Start Nine Months Ahead Of Expected Tightening – ValueWalk Premium

Koo: Tapering Needs To Start Nine Months Ahead Of Expected Tightening

Strengthening economic data has some people arguing that the Fed could begin tapering after the December 17-18 Federal Open Market Committee meeting, but according to Nomura Research Institute chief economist Richard Koo one thing not many people are considering is that tapering needs to start well ahead of policy tightening.

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