29 June 2006

Liquidity growth essential to sustain bull mkts: Faber > > MARKET OUTLOOK > Marc Faber,Central Bank ,US,Middle East

Moneycontrol India > News > Liquidity growth essential to sustain bull mkts: Faber > > MARKET OUTLOOK > Marc Faber,Central Bank ,US,Middle East: "I think what has happened is that the rise in interest rates is symptomatic of relative tightening. I wouldn't call it a tightening in earnest because the rate of inflation is probably somewhat higher than the Fed fund rate in the US. Credit growth actually accelerated in the first quarter of this year in the US very sharply and so we don't have an absolute tightening."

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