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40% of QE tapering in December; more German opposition to ECB moves in 2014
After the Fed has largely managed to separate QE tapering from expectations of rate rises, there is a better chance of a “Dectaper” – QE tapering in December: around 40%, says Simon Smith of FxPro. In the interview below, Smith also discusses other topics, including the different directions in which ECB members are pushing, and the bigger potential divide between Germany and its peers regarding monetary policy. With the separation between QE tapering and the rate hike prospects, did the fresh Non-Farm Payrolls report supply the extra push needed for an announcement of tapering in December? What are ... (full story)
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