The prospect that the US Fed may start to taper its asset purchases later this year has raised concerns that the era of “cheap money” may soon be ending, undermining global asset prices and economic activity. However, there are four good reasons to take a relatively sanguine view.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services