Recession risks rise as central banks move too slowly on interest rates, Marc Faber warns - ABC News


5/4/2022 12:00:00 AM2 years 11 months ago
by Rachel Pupazzoni

World-renowned contrarian investor Marc Faber says the failure of central banks to start raising interest rates sooner will lead to recession and an implosion in asset prices.

World-renowned contrarian investor Marc Faber is known for making big calls. Key points:

  • Contrarian investor Marc Faber says central banks have waited too long to act
  • He believes a … [+4752 chars]

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