ECB's Asmussen Sees Risk Of Large Spillovers From Fed Tightening

Now watching

Next video starts in : 7 Play

ECB's Asmussen Sees Risk Of Large Spillovers From Fed Tightening

ECB's Asmussen Sees Risk Of Large Spillovers From Fed Tightening
Replay video
Up next

Disney to report, what's wrong with Apple and how 50 Cent lost his cash

Unlock your personal NFL Now stream by signing in to NFL.com

ECB's Asmussen Sees Risk Of Large Spillovers From Fed Tightening

by Wochit 0:33 mins

The U.S. Federal Reserve is expected to start slowly reducing its bond purchases when it meets later this month, beginning to unwind a policy that has helped foster recovery in the world's largest economy and buoyed financial markets. ECB Executive Board member Joerg Asmussen said the impact of the U.S. central bank unwinding its policy stimulus risks is greater now than in 1994, when it started a tightening cycle and bond markets crashed.

View Comments (0)