Knee-jerk reaction to minutes of Fed meet: BNP Paribas
By Ira Dugal | Published On: February 21, 2013 10:35 (IST) | Duration: 4 min, 06 sec
Global markets sold off after a meeting of the US Federal Reserve showed that the regulator is debating the end of its QE programme. Andrew Freris of BNP Paribas, however, says that the sell-off in the market was knee-jerk and that the Fed had given no indication of the timing of its exit from quantitative easing.
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