"Fed's Reverse QE Will Weigh on the Economy" - Clem Chambers, ADVFN

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7+ y ago 6:49

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"Watch out for the Fed's reverse QE, it will suck out liquidity and will be a drag on the economy", says Clem Chamber, Founder of ADVFN while talking to Tip TV's Zak Mir.

Last week, the Fed unveiled plans to downsize its balance sheet and maintained the outlook for three rate hikes. The BoE surprised markets with a 5-3 vote split favour keeping rates unchanged. Chambers finds the hawkish vote split somewhat surprising and says it will hurt the UK housing markets.

Listen to the full segment for more info on-

Fed's reverse QE and the potential impact on the markets/economy

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