The Central Bank has signaled that the period of low interest rates would not come to end so soon. With jobless rates remaining high and increasing, it is not within the Federal Reserve's interest to raise interest rates. As for the issue of asset prices, the Federal Reserve Chairman is of the opinion that there are no evidence pointing to any misalignment between asset prices and fundamental value. This is an issue that is difficult for anyone to comment on. There is no solid timeline on the exit strategy of the government stimulus given the current economic situation in America.
As for the emerging economies, they believe that low interest rates in America is inflating prices around the world. There is a fear that this will turn out into another financial crisis causing a meltdown in the economies.
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