Jim Rogers is convinced The FED will Raise The Rates This Year
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Old 10-07-2015, 06:50 PM
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Default Jim Rogers is convinced The FED will Raise The Rates This Year

Wednesday, October 7, 2015
Jim Rogers is convinced The FED will Raise The Rates This Year

The Fed is “probably going to raise interest rates – maybe even this week and certainly this year,” says Rogers, founder of Rogers Holdings and an original partner in George Soros’ Quantum Fund.

“What’s going to happen is, the rates are going to go higher, markets are going to go down, people are going to call up and say, ‘You must save civilization,’” he predicts. And then, in his scenario, “They’ll panic and then come riding to the rescue” by easing monetary policy again.- in Yahoo Finance
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